AIP #13.2: 5m MIM Top Up to the $CRV Cauldron

TL;DR: Mint 5m MIM to the existing $CRV cauldron to allow new positions to be opened.

Increase Limit

Given the enormous success of our $CRV cauldron, which has been sold out since the 16th of December, the following proposal is to mint an additional 5m MIM to the $CRV cauldron, raising the total borrowable amount of MIM for this cauldron to 15m.

Cauldron Address: 0x207763511da879a900973A5E092382117C3c1588

Previous Limit: 10m MIM

New Limit: 15m MIM

This top up will be executed by the DAO multisigners, if this proposal were to pass, the interest rate discount structure as outlined in AIP #13.1 would continue to apply.

Voting Period

In order to ensure a smooth top up process, the following proposal will remain as an AIP for 24 hours, after which a snapshot vote will be posted and voted on for an additional 24 hours. If this proposal passes, the top up would be executed immediately after.


Solid yes on my side. Adding borrowable $MIM to one of the most profitable cauldron in our lineup is a win win, especially given the deep liquidity that CRV has.

Increase protocol revenue, while keeping a managed risk profile is what I want to see the DAO move towards! LFG


Agreed. Need to open up access to other MIM soon though. I don’t need to say it loud enough that we don’t need to over extend into one asset. As long as MIM is available for other assets as well I think continuing to slowly raise the CURVE allowance is fine.