Wintermute’s New Proposal Applies for YFI Loans From the Yearn Community and Plans To Purchase Up to 3 Million yCRV

08/14 05:50

Yearn Finance's governance page shows Wintermute has submitted a proposal called "YFI Wintermute Loan and CRV Plan". The proposal suggests approving a YFI loan to Wintermute Trading and authorizing the transfer of 350 YFI (equivalent to $2.18 million USD) from the DAO treasury to Wintermute Trading for a period of 12 months, with an interest rate of 0.1%, to be paid in physical form at the end of the loan term.

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