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Curve Finance proposes to introduce emergency multi-signature permissions for crvUSD and LlamaLend

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2025-11-05 00:08:29
Curve Finance is working on a governance proposal#1252 solicited community input to propose the introduction of "Emergency DAO" emergency multi-signature permissions for crvUSD and LlamaLend to ensure system security before yieldbasis and Resupply are supported and further scaled. Voting on the proposal closes on November 12.
The proposal is designed to allow Emergency DAO to share control over key risk parameters with Curve DAO, including: lowering the crvUSD-related debt ceiling (applicable to YB, Flashminter, etc.); adjusting AMM fees, monetary policy, and liquidity mining pullbacks; managing borrowing discounts (without mandatory liquidation); and setting Vault's deposit cap.
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