Curve DAO opened voting on “Yield Basis,” a plan to pre-mint up to $60 million in crvUSD to seed three Bitcoin pools on Ethereum—WBTC, cbBTC, and tBTC—each capped at $10 million in deposits. The proposal positions the credit as startup liquidity for a new Curve-native AMM. The requested facility operates as a crvUSD credit line controlled by DAO contracts and an emergency multisig. It would be drawn only as BTC liquidity arrives, avoiding market sales of the stablecoin. Supporters say the AMM keeps constant leverage to remove impermanent loss in crypto pools.