Wintermute plans to apply for a YFI loan from the Yearn Finance community and intends to purchase up to 3 million yCRV

ChainCatcher news, the Yearn Finance governance page shows that Wintermute has submitted the "YFI Wintermute Loan and CRV Plan" proposal, which requests approval to provide a YFI loan to Wintermute Trading and authorizes the transfer of 350 YFI (2.18 million USD) from the DAO treasury to Wintermute Trading for a period of 12 months, with an interest rate of 0.1%, to be paid in kind at the end of the loan term.

Additionally, Wintermute plans to use up to 3 million CRV (1.73 million USD) to purchase yCRV and add its assets to the yCRV-CRV Curve pool (lp-yCRV V2) deployed on Yearn for at least 6 months. Wintermute hopes this move will rebalance the current 69%/31% yCRV/CRV liquidity pool, improve yCRV peg, and increase pool liquidity. The proposal states that a snapshot vote will be initiated after 7 days of community discussion and feedback.