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A proposal suggesting to mint out-of-thin-air, unbacked, 60M crvUSD (~50% of the current 120M supply) to quickstart @yieldbasis
This capacity for unbacked minting is one of the key element that lead @CurveFinance to a high Upgradability risk on @defiscan_info and thus a Stage 0
19.8. klo 01.58
Proposal (not a vote yet) for @CurveFinance governance to premint crvUSD to @yieldbasis. In this proposal I estimate what will Curve get from Yield Basis operation.
This is posted a little bit in advance of YB deployment, so feel free to comment!
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