Curve Finance founder proposes the launch of the Yield Basis protocol to distribute sustainable returns to CRV holders

According to Odaily Planet Daily, Curve Finance founder Michael Egorov published a proposal on the Curve DAO governance forum. The proposal proposes establishing a protocol called Yield Basis to create three Bitcoin-centric pools, each capped at $10 million, designed to distribute sustainable returns to CRV holders. Holders stake their tokens to participate in governance votes, earning veCRV tokens in return.