TechFlow News — DWF Labs has submitted a partnership proposal to the Yearn community regarding CRV and YFI. In support of the CRV community, DWF Labs has accumulated 12.5 million CRV (approximately $5 million), making it one of the largest holders of CRV.
DWF Labs expressed its intention to establish a long-term collaboration with Yearn by deploying a portion of its CRV holdings and providing liquidity for YFI on both CEXs and DEXs. It has requested a loan of 350 YFI (approximately $1.95 million) from the DAO treasury. DWF Labs proposes to use up to 3 million CRV (approximately $1.34 million) to purchase vCRV and deploy a combined asset of vCRV and CRV into the vCRV-CRV pool, staking it on Yearn for at least 12 months.
In addition, DWF Labs agrees to repay the full 350 YFI loan at the end of the 12-month period and will pay a 1% annualized interest to the DAO treasury every four weeks.
