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 The <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a> Finance decentralized autonomous organization (DAO) is currently reviewing a proposal that could unlock new revenue streams for the platform and its broader ecosystem.
 The <a target="_blank" href="https://gov.curve.finance/t/create-a-crvusd-credit-line-to-yield-basis/10774" rel="noopener noreferrer nofollow">proposal</a>, initially introduced in August by <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a> founder Michael Egorov, aims to establish a $60 million credit line of crvUSD for Yield Basis. As of now, approximately 97% of votes favor the proposal, indicating strong support within the community.
 Under the Yield Basis scheme, users who stake their CRV tokens will receive veCRV (vote-escrowed CRV) in return, effectively creating an income-generating mechanism for stakers. The plan is to distribute between 35% and 65% of Yield Basis’s value back to veCRV holders, while reserving an additional 25% for ecosystem development and sustainability.
 <figure><img alt="Cryptocurrencies, Curve Finance, Passive Income" src="https://www.cryptobreaking.com/wp-content/uploads/2025/09/01995e31-9ce8-74f5-88f9-a7970783086b.png" title="">
 <figcaption style="text-align: center">Current voting for the $60 million credit line proposal. Source: <a target="_blank" href="https://www.curve.finance/dao/ethereum/proposals" rel="noopener noreferrer nofollow">Curve Finance</a>
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 According to Egorov, the proposed credit line would support the development of liquidity pools for assets such as WBTC, cbBTC, and tBTC.
 “The goal is to incentivize the <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a> ecosystem and to provide a fee for utilizing <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a> technology (cryptopools), which power the platform’s core,” Egorov explained in the proposal. He added that 25% of Yield Basis liquidity provider earnings would be allocated to <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a>.
 Yield Basis aims to address the challenge of impermanent loss—a common issue in DeFi where liquidity providers may suffer losses due to asset rebalancing—by borrowing and creating a supply sink simultaneously. This approach allows Total Value Locked (TVL) and debt in Yield Basis to expand without undermining the peg of crvUSD.
 Impermanent loss occurs when assets deposited in a liquidity pool fluctuate in value, potentially leading to losses compared to holding assets outside the pool. It has been a concern for many DeFi protocols and liquidity providers.
 Currently, <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a> Finance maintains a TVL of approximately $2.4 billion, according to data from DeFi Llama. This is a significant decline from its peak of over $24 billion in January 2022, reflecting the challenges faced amid increased security issues and market volatility in the <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.cryptobreaking.com/go/etoro/">crypto</a> markets.
 Additionally, <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.curve.com/join#NQQLY7WN">Curve</a> has faced setbacks from DNS attacks and scams, highlighting ongoing security vulnerabilities in <a rel="noopener noreferrer nofollow" target="_blank" href="https://www.cryptobreaking.com/go/etoro/">crypto</a> protocols.
 Related: <a target="_blank" href="https://cointelegraph.com/news/curve-founder-repays-bad-debt-liquidation" rel="noopener noreferrer nofollow">Curve founder repays 93% of $10M bad debt stemming from liquidation</a>
 <h2 id="defi-gains-momentum-in-2025">DeFi Gains Momentum in 2025</h2>
 The decentralized finance sector has been experiencing renewed growth in 2025 after a prolonged slowdown. As of Thursday, the total value locked (TVL) across all DeFi protocols rose to $163.2 billion, up from $115.8 billion at the start of the year—a growth of nearly 41% in less than nine months.
 Protocols like Aave, which now boasts a TVL of $42.5 billion, continue to expand. In August, Aave launched on the Aptos blockchain, an emerging platform with lesser competition in DeFi, and is preparing a new version set to launch soon.
 Meanwhile, <a rel="noopener noreferrer nofollow" target="_blank" href="https://med.etoro.com/B10215_A67747_TClick_Scb-ethena.aspx?TargetURL=https://www.etoro.com/markets/ena">Ethena</a> has gained traction, with its synthetic stablecoin crossing $500 million in revenue following the passage of the GENIUS Act in the US, underscoring the sector’s increasing mainstream relevance.
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This article was originally published as <a href="https://www.cryptobreaking.com/60m-proposal-to-grow-business/?utm_source=rss&amp;utm_medium=syndication&amp;utm_campaign=article_footer" rel="noopener noreferrer nofollow">$60M Proposal to Grow Business and Boost User Income</a> on <a href="https://www.cryptobreaking.com/?utm_source=rss&amp;utm_medium=syndication&amp;utm_campaign=article_footer" rel="noopener noreferrer nofollow">Crypto Breaking News</a> – your trusted source for crypto news, Bitcoin news, and blockchain updates.

$60M Proposal to Grow Business and Boost User Income

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