crvUSD (CRVUSD)

Silly low rates for looped $crvUSD LPs on @ResupplyFi 👀

https://t.co/sp7bR3KVVK

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Calling all $crvUSD / $reUSD enthusiasts 🔊

Lending cap expansions = good

What is good for @ResupplyFi is good for @CurveFinance and @ConvexFinance .. and DeFi as a whole.

Resupply Summer.

Read the gov proposal 👇

next phase of growth for yieldbasis

deposits have been limited since the launch of yieldbasis in September of last year. this was a safety precaution to limit pressure on the crvUSD peg. after extensive research, a solution was found to help strengthen the peg of crvUSD and provide a pathway for yieldbasis towards infinitely scaling the pools.

after implementation we expect to safely scale pools and utilise the remaining line of credit throughout the next weeks

onwards and upwards