Curve DAO Proposes Credit Limit for Yield Basis Project

According to PANews, Curve DAO has introduced proposal #1206, which aims to establish a maximum credit limit of 60 million crvUSD for the Yield Basis project. The proposal was initiated by the address 0x7a16…5428 and seeks to adjust the debt ceiling using the set_debt_ceiling function. Voting on this proposal is scheduled to begin on September 18 and will conclude on September 25.