And this guy again. Otherwise-excellent effort to collect information about different DeFi project got spoiled by one man's toxicity. This mint is backed by LP tokens (200%-collateralized) whenever it comes to circulation. I get it that crvUSD CAN do it at all though
tokenbrice.eth (🐜,🔍)
tokenbrice.eth (🐜,🔍)20.8. klo 15.40
A proposal suggesting to mint out-of-thin-air, unbacked, 60M crvUSD (~50% of the current 120M supply) to quickstart @yieldbasis This capacity for unbacked minting is one of the key element that lead @CurveFinance to a high Upgradability risk on @defiscan_info and thus a Stage 0
975