Curve community launches proposal vote to “increase borrowing rate multiplier to maintain crvUSD peg”

2023/11/21 15:03
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The governance page shows that the Curve community initiated a proposal vote to "increase the borrowing rate multiplier to maintain crvUSD anchoring" and will end on November 28.

This proposal aims to adjust the pledged ETH interest rate to 15% and the native ETH interest rate to 11%, so that the interest rate difference between the two is approximately equal to the Ethereum pledge APR, allowing the market to actively repay the loan.

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