Curve DAO supports $60M in crvUSD credit for new protocol
PositiveCryptocurrency

Curve DAO has announced a significant $60 million in crvUSD credit to support a new protocol, showcasing its commitment to innovation in the decentralized finance space. Despite some concerns raised by a DAO member regarding risks and transparency, Curve's founder, Michael Egorov, reassured stakeholders that thorough audits and safeguards are in place to mitigate these issues. This move not only strengthens Curve's position in the market but also highlights the growing confidence in decentralized finance solutions.
— Curated by the World Pulse Now AI Editorial System