Summary

This proposal aims to activate the Curve USD (crvUSD) token market and increase STRK reward of rETH market into the Strike protocol.

Motivation

The inclusion of the crvUSD market was initially proposed in Proposal 50. To enhance security, the collateral factor for the crvUSD market was initially set to 0. After thorough verification of the protocol’s safe operation post-listing, we propose adjusting the collateral factor to 70%, as previously discussed in the community forum 3. This adjustment will activate the market and further strengthen security measures. And rETH market showed strong growth in short term period and we doubled STRK reward of rETH market for boosting protocol growth.

Parameters

crvUSD Market Parameter Adjustment Collateral Factor: 70%

STRK reward emission for crvUSD market

• supply: 40
• borrow: 0

We welcome your feedback and opinion on this proposal.