Resupply initiated a proposal in the Curve community to mint 5 million crvUSD to supply the sreUSD Llamalend market.
On October 24th, based on the lending protocol Llamalend, the new proposal Resupply was initiated in the Curve community, proposing the minting of 5 million crvUSD tokens and supplying them directly to the sreUSD Llamalend market. The proposal aims to strengthen the overall supply system by improving the dynamics between reUSD, sreUSD, and crvUSD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Market Liquidations Spike Despite Gains
Crypto market sees $617M in liquidations as total market cap hits $3.31T and BTC reacts to Nvidia earnings.Extreme Fear Grips the MarketWhat’s Driving Liquidations?
Circle Mints $500M USDC After Market Crash
Circle mints another $500M USDC, as stablecoin giants issue $15B after the 1011 market crash.Why Did Circle Mint $500 Million More?$15B in Stablecoins: What Does It Mean?
Michael Selig Backs Crypto Oversight, Warns of Offshore Risk
CFTC nominee Michael Selig supports strong crypto oversight but warns that enforcement-only regulation could drive firms overseas.Selig Urges Smarter Crypto Regulation at CFTC HearingRegulation by Enforcement Isn’t the AnswerSeeking a Clear Path for DeFi and Digital Assets
BlackRock Registers iShares Ethereum-Staked ETF in Delaware
Trending news
MoreCrypto prices
More
