Community curated by people like you

crvUSD stories

Sep 3, 2026

Curve DAO awards risk management mandate to yRisk despite Resupply exploit history

Curve DAO approved funding for yRisk to manage risk for crvUSD and Llamalend with 125,000 frxUSD and 568,181 CRV tokens on Sept. 2. yRisk is operated by two developers from Yearn and Resupply, the latter of which suffered a $9.6 million exploit in 2025.

Sep 3, 2026·1 source

00

Top claims

▪Curve DAO approved a proposal on September 2, 2026, to fund yRisk as the risk provider for crvUSD and Llamalend.
▪In a non-binding preference vote held from August 10 to August 17, 2026, yRisk received 536.9 million veCRV votes in favor and zero votes against.
▪LlamaRisk announced its exit from its Curve engagement on May 29, 2026, ending active work on June 30, 2026, ten months before its renewal term was set to expire.

Topics

DAOs & governance DeFi DeFi lending Stablecoins DeFi security