DWF Labs plans to borrow 350 YFI from Yearn to provide liquidity for YFI

2023/08/25 15:16

Odaily Planet Daily News reported that DWF Labs has proposed in the Yearn Governance Forum that it has accumulated 12.5 million CRV, worth $5 million, making it one of the largest CRV holders. DWF Labs plans to deploy some of its CRV positions on Yearn and apply for a loan of 350 YFI tokens, worth $1.95 million, from the DAO's inventory to provide liquidity for YFI on CEX and DEX platforms.
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