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HarryGasWallet
Forum post: https://forum.inverse.finance/t/expand-dola-liquidity-into-paused-crv-markets/372
Expand DOLA liquidity into paused CRV markets (CRV and st-yCRV) so that replenishments can occur.
In August 2023, a DAO vote passed that paused borrowing (among other items) on the 3 CRV markets (CRV, cvxCRV and st-yCRV). Pausing borrowing on a market disables the ability for the Fed Chair to mint new DOLA into the market. This means that replenishments are not possible for a market if there is no DOLA liquidity available within it, as DOLA is needed in order to pay the replenishment fee.
This proposal seeks to expand DOLA liquidity into the CRV and st-yCRV markets so that it is possible for replenishments to be successfully executed in the foreseeable future. We propose expanding 400,000 DOLA into the CRV market and 15,000 DOLA into the st-yCRV market.
Given this is not currently possible with the markets paused, this will be achieved by the following workflow:
Members allowed to make Drafts can sign the fact that they reviewed the Draft Proposal
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