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Curve Finance proposed to introduce an emergency multi-signature mechanism to strengthen the risk control capabilities of crvUSD and LlamaLend.
PANews, November 5 news, Curve Finance is seeking community feedback on governance proposal 1252, which proposes to introduce "Emergency DAO" multi-signature authority for crvUSD and LlamaLend to ensure system security before supporting yieldbasis and Resupply and further scaling. The proposal voting will end on November 12.
This proposal aims to allow Emergency DAO to share control over key risk parameters with Curve DAO, including:
Lower the debt ceiling related to crvUSD minting (applicable to YB, Flashminter, etc.);
Adjust AMM fees, monetary policy, and liquidity mining adjustments;
Manage loan discounts (no forced liquidation);
Set
CRV0.5%

