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

2023/11/21 15:30
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According to Mars Finance news, the official page shows that the Curve community launched a proposal to "increase the borrowing interest rate multiplier to maintain the anchoring of crvUSD". The voting is now open and will end on November 28. The proposal proposes to adjust the pledged ETH interest rate to 15%, and the non-pledged ETH and BTC interest rates to 11%, so that the interest rate difference between the two is approximately equal to the Ethereum pledge APR, and promotes the market to actively repay loans.

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