Curve Finance has proposed a "Yield-Base" plan, intending to invest $60 million to transform CRV into a yield-generating asset.

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On September 17, Curve Finance founder Michael Egorov proposed a new initiative called "Yield Base" plan today, aiming to issue 60 million USD crvUSD stablecoins to support the operation of three Bitcoin trading pools. The plan will return up to 65% of the revenue to veCRV holders and allocate 25% of the "Yield Base" tokens to the Curve ecosystem. At the time this proposal was released, Michael Egorov faced scrutiny due to multiple CRV liquidation events, including a massive loss of 140 million USD on June 1 and a loss of 882,000 USD in December.

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