Curve Finance founder Michael Egorov proposed a new proposal called Yield Basis on the Curve DAO governance forum. The proposal calls for issuing 60 million crvUSD stablecoins to establish three Bitcoin-centric liquidity pools (WBTC, cbBTC, and tBTC, each capped at $10 million). The proposal would distribute 35% to 65% of the proceeds to veCRV holders, with another 25% of Yield Basis tokens reserved for the Curve ecosystem. (CoinDesk)