TechFlow news, according to the Snapshot page, the Yearn community has concluded voting on the proposal YIP-74 related to the "Wintermute YFI Loan and CRV Program," with a final opposition rate of 94.17%.
Under this proposal, Wintermute proposed that the community approve a YFI loan to Wintermute Trading and authorize the transfer of 350 YFI from the Yearn DAO treasury to Wintermute Trading for a period of 12 months at an interest rate of 0.1%, with interest paid in kind at the end of the loan term.
In addition, Wintermute planned to use up to 3 million CRV to purchase yCRV and deploy its assets into the yCRV-CRV Curve pool (lp-yCRV V2), staking on Yearn for at least 12 months.
The proposal required Wintermute Trading to deposit its CRV and/or lp-yCRV into a multisig wallet address as collateral for the loan. This revised version of the proposal also added an option allowing Wintermute to terminate the loan early after 6 months and reclaim its collateralized tokens.
