Curve Finance has proposed a new protocol called a return basis that would share income directly with CRV holders, which marks a shift from one-off stimuli to sustainable income.
Summary
- Curve Finance has put forward a protocol for sharing income to give CRV holders sustainable income that goes beyond emissions and reimbursements.
- The plan would sow $ 60 million in CRVUSD Mint to sow three Bitcoin -Liquidity pools (WBTC, CBBTC, TBTC), with 35-65% of the income that is distributed among VECRV strikers.
- The DAO mood runs from a maximum of 24 September, with the proposal that is seen as an important step to strengthen CRV -Tokenomics after lquidity and administrative challenges in the past.
Founder Michael Egorov of Curve Finance has introduced a proposal to give CRV token holders a more direct way to earn income, where a system is launched called Yield basis that aims to change the management of the management to a sustainable, return-bearing assets.
The proposal was published on the Curve Dao (CRV) Governance Forum, with open voices until 24 September.
A new model for CRV rewards
The revenue basis is intended to distribute transparent and consistent returns to CRV holders who lock their tokens for VECRV -Governance rights. In contrast to earlier stimulation programs, which were highly dependent on airdrops and emissions, the protocol channels of income from Bitcoin-oriented liquidity pools directly back to token holders.
To start with, Curve $ 60 million in CRVUSD, his over-collateral stablecoin, mint, with revenues allocated in three Polish-BTC, CBBTC and TBTC milk closed at $ 10 million. 25% of the revenue basestokens would be reserved for the curve ecosystem, and between 35% and 65% of the income of the revenue base would be given to VECRV holders.
By emphasizing the liquidity of Bitcoin (BTC) and offering yields without the short -term loss risks in connection with automated market makers, the Protocol hopes to attract professional traders and institutions.
Context and potential impact on curve financing
The proposal comes if Curve continues to change his Tokenomics in the light of the difficulties that the founder is confronted with. Egorov was forced to liquidate various high leverage CRV companies in 2024, which cost the $ 10 million protocol in bad debt and more than $ 140 million in losses.
More recently, in December, he was liquidated for almost $ 900,000 in CRV after a competitive market for a competitive market. Despite these setbacks, Curve remains one of the largest Stablecoin liquidity hubs of the decentralized finances.
If the revenue basis passes, CRV could evolve from a governance and emission-driven token to a more attractive income-generating active. The model, according to his proponents, could reduce the dependence on the inflational rewards, while strengthening its position as Defi is developing.
