Who should be able to hit the brakes when a lending market goes wrong?
An October 19 Curve proposal would extend Emergency DAO controls to Llamalend V2, including setting borrowing caps to zero and pausing new market deployments. Some permissions are deliberately one-way: debt ceilings could be reduced, never raised through that emergency call.
For $CRV watchers, this is still a proposal. Faster intervention can limit damage, but it also gives emergency decision-makers more responsibility.
An October 19 Curve proposal would extend Emergency DAO controls to Llamalend V2, including setting borrowing caps to zero and pausing new market deployments. Some permissions are deliberately one-way: debt ceilings could be reduced, never raised through that emergency call.
For $CRV watchers, this is still a proposal. Faster intervention can limit damage, but it also gives emergency decision-makers more responsibility.