Curve Finance has proposed the creation of an "Emergency DAO" to bolster risk management for its crvUSD and LlamaLend platforms. Governance proposal #1252, currently open for community feedback, suggests that this new mechanism would allow shared control over critical risk parameters between the Emergency DAO and Curve DAO. Key areas of focus include adjusting debt ceilings, AMM fees, monetary policy, and liquidity mining, as well as managing loan discounts and setting maximum deposit limits. Voting on the proposal is set to conclude on November 12th.
Curve Finance Proposes Emergency DAO for Enhanced Risk Control
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