Curve DAO voted to boost YieldBasis’s crvUSD borrowing cap from $300 million to $1 billion, with phased utilization tied to liquidity expansion and requiring governance approval per market.
Curve DAO has authorized an increase of YieldBasis’s crvUSD credit limit from $300 million to $1 billion. The expanded cap will be introduced gradually in line with crvUSD liquidity growth, and each market’s utilization will require separate internal governance votes. This step reflects strategic scaling of borrowing capacity while maintaining oversight across individual markets.