Odaily Planet Daily News The Yearn Finance governance page shows that Wintermute submitted a proposal for "YFI Wintermute Loan and CRV Plan". The proposal proposes approval of a YFI loan to Wintermute Trading and authorizes the transfer of 350 YFI ($2.18 million) from the DAO treasury to Wintermute Trading for 12 months at an interest rate of 0.1%, payable in kind at the end of the loan period.
In addition, Wintermute plans to use up to 3 million CRV ($1.73 million) to purchase yCRV and add its assets to the yCRV-CRV Curve pool (lp-yCRVV2) deployed on Yearn for a period of at least 6 months.
Wintermute hopes that this will rebalance the current 69%/31% yCRV/CRV fund pool, improve the yCRV peg, and increase the liquidity of the fund pool.