Curve DAO одобрила кредитную линию на $60 млн в crvUSD для нового протокола Yield Basis

cryptonews.ruPublished on 2025-04-25Last updated on 2025-09-26

Децентрализованная автономная организация (DAO) Curve одобрила предложение о предоставлении Yield Basis, новому протоколу, разработанному основателем Curve Михаилом Егоровым, кредитной линии на сумму $60 млн в стейблкоине crvUSD перед запуском его основной сети.

Голосование открыло Yield Basis путь к созданию пулов ликвидности, ориентированных на биткоин, предназначенных для предотвращения необратимых потерь, когда активы в пуле ликвидности падают в цене по сравнению с их простым хранением. Протокол также направлен на раскрытие возможностей получения доходности в биткоине в сфере децентрализованных финансов (DeFi).

Согласно плану, три пула, включая WBTC, cbBTC и tBTC, будут запущены на Ethereum с использованием архитектуры автоматизированного маркет-мейкера (AMM) Yield Basis. Curve Finance заявила, что пулы изначально будут ограничены $10 млн.

Инициатива направлена на расширение экосистемы Curve, более глубокое внедрение ее собственного стейблкоина в инфраструктуру DeFi. Она также направлена на увеличение потенциальных комиссионных потоков для держателей токенов veCRV, версии CRV, токена управления Curve Finance, с возможностью депонирования голосов.


Предложение Curve о создании кредитной линии crvUSD для Yield Basis. Источник: Curve Finance

Опасения по поводу контроля рисков, токеномики и ответственности

Не все участники Curve DAO приветствовали это предложение. 18 сентября анонимный пользователь социальных сетей Small Cap Scientist заявил, что план подвергает Curve значительным рискам.

В публикации на X пользователь написал, что план «чрезвычайно извлекает» средства для DAO. Он предупредил, что ни одна третья сторона не оценивала экономические риски Yield Basis, и что $60 млн не имеют ограничений, привязанных к общей заблокированной стоимости crvUSD (TVL). Он также заявил, что взлом нового протокола может привести к тому, что Curve будет нести ответственность за потерянные средства.

Участник сообщества также выразил обеспокоенность по поводу прозрачности в отношении посевных инвесторов Yield Basis и неполной токеномики, заявив, что протоколу не следует предоставлять контроль над crvUSD без более строгих ограничений.

Основатель Curve защищает предложение

Егоров опроверг эти опасения. Отвечая на сообщение X, Егоров сообщил, что Yield Basis прошла шесть аудитов, седьмой из которых находится в процессе реализации. Он также указал на механизм аварийной остановки, управляемый мультиподписью Emergency DAO Curve, в качестве меры безопасности.

Он заверил сообщество, что Yield Basis будет нести ответственность за любые эксплойты, и сообщил, что распределение инвесторов было добавлено в предложение по управлению.

«Если что-то случится, конечно, Yield Basis приложит все усилия, чтобы справиться с этим максимально эффективно», — написал Егоров.

Егоров добавил, что привлечение известных людей из экосистемы в качестве инвесторов — естественное явление для такого проекта, как Yield Basis. Он отметил, что партнерские проекты — это сильная сторона Curve.

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