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Curve Proposes Giving 10% Of crvUSD Revenue To Savings crvUSD Holders

Curve Proposes Giving 10% Of crvUSD Revenue To Savings crvUSD HoldersThe Defiant1 min read
Curve Proposes Giving 10% Of crvUSD Revenue To Savings crvUSD Holders

The Curve community is showing early support for a proposal to divert 10% of the fees generated by its crvUSD stablecoin to holders that “stake” their tokens.

The vote began on Nov. 3 and has received 9 million worth of vote escrowed CRV (veCRV) or 92% of votes in favor so far, while nearly 8% of votes have been cast against.

However, the current number of votes cast so far equates to just 4% of the required quorum threshold for the proposal to go through. Voting will end on Nov. 9.

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