ChainThink news, December 12: Curve DAO has announced approval to increase YieldBasis's crvUSD credit line from USD 300 million to USD 1 billion, representing the maximum credit limit. However, this allocation is not immediate and will be progressively expanded as crvUSD liquidity grows. Curve establishes the overall credit cap, while YieldBasis must individually raise the limits for each YB market through its own governance voting process.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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