๐จ $CRV GOVERNANCE PASSES YRISK PROPOSAL AS NEW CRVUSD RISK GUARDIAN โก
๐ Curve DAO has officially approved yRisk to oversee parameter management for crvUSD and LlamaLend, filling a critical position left vacant for ten months. Compensation includes 125,000 frxUSD and 568,181 $CRV wrapped in a one-year revocable vesting schedule.
๐ While institutional-grade oversight is vital for protocol expansion, smart money is noting yRiskโs background with Resupply, which suffered a 9.6 million dollar exploit unmentioned in the proposal text. Rigorous execution will determine if this governance shift reinforces structural health or introduces hidden systemic risks. ๐ฌ Does yRisk's background concern you, or will this move strengthen crvUSD? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CRV #DeFi #Governance #Crypto #RiskManagement
โ๏ธ ๐๏ธ
๐ Curve DAO has officially approved yRisk to oversee parameter management for crvUSD and LlamaLend, filling a critical position left vacant for ten months. Compensation includes 125,000 frxUSD and 568,181 $CRV wrapped in a one-year revocable vesting schedule.
๐ While institutional-grade oversight is vital for protocol expansion, smart money is noting yRiskโs background with Resupply, which suffered a 9.6 million dollar exploit unmentioned in the proposal text. Rigorous execution will determine if this governance shift reinforces structural health or introduces hidden systemic risks. ๐ฌ Does yRisk's background concern you, or will this move strengthen crvUSD? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CRV #DeFi #Governance #Crypto #RiskManagement
โ๏ธ ๐๏ธ
