Curve puts permissionless propAMM up for DAO vote

October 22, 2026

Curve Finance announced its "permissionless propAMM" is live for voting, with an on-chain ownership proposal (#1508) now active through Oct 29, 2026 on the Curve DAO. The vote would attach the YBOraclizedPolicy contract to the YieldBasis crvUSD/WETH pool, pricing swaps off signed Pyth Pro ETH/USD reports rather than pool balances alone.

Swaps toward a fresh report that don't cross it pay 50-175 bp, with the discount fading over 5 minutes; other operations pay 175 bp
The pool's price scale follows trend-gated 80/160-minute averages of the reports, moving at most 50 bp per block
Yield Basis DAO owns the policy and Curve's emergency DAO can kill it; votes on both sides are needed for full effect

Curve says an informed pool can offer much tighter spreads and convert a larger share of mispricing into pool revenue rather than arbitrage profits. Per the forum post, the pool has been earning less than its re-leverage costs in low-volatility conditions, which this change is designed to fix.

Swaps toward a fresh report that don't cross it pay 50-175 bp, with the discount fading over 5 minutes; other operations pay 175 bp
The pool's price scale follows trend-gated 80/160-minute averages of the reports, moving at most 50 bp per block
Yield Basis DAO owns the policy and Curve's emergency DAO can kill it; votes on both sides are needed for full effect

Curve puts permissionless propAMM up for DAO vote

Sources

Curve puts permissionless propAMM up for DAO vote

Sources