Curve Finance proposed to introduce an emergency multi-signature mechanism to enhance the risk control capabilities of crvUSD and LlamaLend.

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On November 5, CoinWorld reported that Curve Finance is seeking community feedback on governance proposal #1252, which proposes to introduce “Emergency DAO” multi-signature authority for crvUSD and LlamaLend to ensure system safety before supporting yieldbasis and Resupply and further scaling. The proposal voting will end on November 12. This proposal aims to allow the Emergency DAO to share control over key risk parameters with the Curve DAO, including: lowering the debt ceiling related to crvUSD minting (applicable to YB, Flashminter, etc.); adjusting AMM fees, monetary policy, and liquidity mining pullback; managing borrowing discounts (no forced liquidation); setting deposit limits for Vault.

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