PANews reported on November 5th that Curve Finance is seeking community feedback on governance proposal #1252, which proposes introducing an "Emergency DAO" for crvUSD and LlamaLend to ensure system security before supporting yieldbasis and relief and further scaling. Voting on the proposal will end on November 12th.

The proposal aims to allow the Emergency DAO and Curve DAO to share control over key risk parameters, including:

• Lower the debt ceiling related to CRVUSD minting (applicable to YB, Flashminter, etc.);

• Adjustments to AMM fees, monetary policy, and liquidity mining;

• Manage loan discounts (without mandatory liquidation);

• Set a maximum deposit limit for your Vault.