TechFlow — Michael Egorov, founder of Curve, has proposed in the Venus Protocol community on BNB Chain to deploy Venus Protocol on the Ethereum mainnet, suggesting that Curve's tokens crvUSD and CRV be used as collateral and borrowable assets.
Curve will incentivize this initiative with 500,000 CRV tokens and requires Venus to match this mining incentive with XVS, effectively doubling the rewards to achieve a 10% annual yield.
The proposal states that if the protocol becomes available on the Ethereum mainnet, Curve can help open liquidity pools using Venus assets such as XVS and VAI, and could also support the protocol on BSC once Curve is deployed there.
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