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The founder of Curve Finance proposed to launch the Yield Basis protocol, aiming to distribute sustainable returns to CRV holders.
Odaily News Curve Finance founder Michael Egorov announced a proposal on the Curve DAO governance forum, which suggests establishing a protocol called Yield Basis to create three Bitcoin-centered liquidity pools, each capped at 10 million USD, aimed at distributing sustainable returns to CRV holders. Holders stake tokens to participate in governance voting and earn veCRV tokens.