Update
Curve Finance Proposes Voting to Increase crvUSD Allocation
Curve Finance has proposed a vote to increase the allocation of crvUSD in the sreUSD lending market from 30 million to 60 million. This would double Curve’s current allocation. Borrowers can now draw against a higher LTV sreUSD market, which has a backing shortfall that could lead to bad debt if the market depeguates further. The proposal requires 233 million veCRV support and is considered medium risk.