Odaily Planet Daily News The Snapshot page shows that the Yearn community has ended the voting on the proposal YIP-74 related to the "Wintermute YFI Loan and CRV Plan", with a final opposition rate of 94.17%.
According to the proposal, Wintermute proposed that the community approve the provision of YFI loans to Wintermute Trading and authorize the transfer of 350 YFI from the Yearn DAO treasury to Wintermute Trading for a period of 12 months at an interest rate of 0.1%, and pay in kind at the end of the loan period .
In addition, Wintermute plans to use up to 3 million CRVs to purchase yCRV, deploy its assets to the yCRV-CRV Curve pool (lp-yCRV V2), and stake them on Yearn for at least 12 months.
The proposal calls for Wintermute Trading to deposit its CRV and/or lp-yCRV to a multisig wallet address as collateral for the loan. This revised version of the proposal also adds an option that Wintermute can terminate the loan early and recover its collateralized tokens after 6 months.