# Proposal: Rebrand $yCRV as $yUSD **URL:** \ **Category:** Proposals\ **Tags:** approved\ **Created:** [16 August 2020 20:46 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569 "2020-08-16T20:46:23Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![learnyearn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/learnyearn/32/662_2.png) [@learnyearn](https://gov.yearn.fi/u/learnyearn)\ **Post date:** [16 August 2020 20:46 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/1 "2020-08-16T20:46:23Z")
**Simple Summary** $yCRV is confusing. $yUSD will be recognized as a YEARN product. **Motivation** We’ll quote @yfi_whale here: > Currently, in the crypto space, stablecoins are used for transfers, margining, borrow/lending. They are used across DeFi and CeFi (exchanges and OTC). Anything USDT can do, yUSDT can do better. Why not trade FTX perps with yUSDT margin? Already FTX takes cUSDT as collateral. Why even have a BTC-USDT pair on Binance when you could have BTC-yUSDT? All that USDT OTC flow from China could be yUSDT. Lastly, why even borrow or lend DAI when you can borrow or lend yDAI (just think about that one). The implications are huge. By rebranding $yCRV as $yUSD allows YEARN to create the de-facto interest earning stablecoin 2.0. $yCRV is confusing especially given the popularity of the $CRV token. **Specification** Update the $yUSD name on YEARN, Etherscan, Coingecko, etc. Spread the gospel online. **Note:** I think YEARN is already doing this ([twitter](https://twitter.com/iearnfinance/status/1294872078462717956)), but wanted to bring it up in the forum as well. ---
**Author:** ![skrypts](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/skrypts/32/337_2.png) [@skrypts](https://gov.yearn.fi/u/skrypts)\ **Post date:** [16 August 2020 21:22 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/2 "2020-08-16T21:22:07Z")
I agree completely. The naming convention has already caused lots of confusion, as seen with the recent CRV launch. ---
**Author:** ![CryptoObsessed](https://avatars.discourse-cdn.com/v4/letter/c/f1d935/32.png) [@CryptoObsessed](https://gov.yearn.fi/u/CryptoObsessed)\ **Post date:** [16 August 2020 21:33 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/3 "2020-08-16T21:33:57Z")
Great idea. Fully support this! ---
**Author:** ![tanglefast](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/tanglefast/32/652_2.png) [@tanglefast](https://gov.yearn.fi/u/tanglefast)\ **Post date:** [16 August 2020 21:52 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/4 "2020-08-16T21:52:16Z")
I support this idea. ---
**Author:** ![brian](https://avatars.discourse-cdn.com/v4/letter/b/97f17d/32.png) [@brian](https://gov.yearn.fi/u/brian)\ **Post date:** [16 August 2020 22:01 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/5 "2020-08-16T22:01:11Z")
yUSD is simpler and more accurate than yCRV. The master stablecoin ---
**Author:** ![learnyearn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/learnyearn/32/662_2.png) [@learnyearn](https://gov.yearn.fi/u/learnyearn)\ **Post date:** [16 August 2020 22:02 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/6 "2020-08-16T22:02:45Z")
Oh my… Few understand. ---
**Author:** ![yncredible](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/yncredible/32/668_2.png) [@yncredible](https://gov.yearn.fi/u/yncredible)\ **Post date:** [17 August 2020 00:53 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/7 "2020-08-17T00:53:17Z")
Awesome idea. Would love to see this. yUSD = YCRV + CRV Farming ---
**Author:** ![aar27](https://avatars.discourse-cdn.com/v4/letter/a/47e85d/32.png) [@aar27](https://gov.yearn.fi/u/aar27)\ **Post date:** [17 August 2020 01:26 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/8 "2020-08-17T01:26:17Z")
I like it. 🍒 ---
**Author:** ![BNR34](https://avatars.discourse-cdn.com/v4/letter/b/278dde/32.png) [@BNR34](https://gov.yearn.fi/u/BNR34)\ **Post date:** [17 August 2020 01:39 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/9 "2020-08-17T01:39:18Z")
As a new user into this eco system, OP is correct… this was confusing to navigate… using yUSD would make more sense… ---
**Author:** ![urizenus](https://avatars.discourse-cdn.com/v4/letter/u/c68b51/32.png) [@urizenus](https://gov.yearn.fi/u/urizenus)\ **Post date:** [17 August 2020 02:34 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/10 "2020-08-17T02:34:49Z")
Well, UMA mints yUSD and I hold it, so this proposal is going to be hella confusing for me and anyone else who already holds yUSD. ---
**Author:** ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)\ **Post date:** [17 August 2020 02:40 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/11 "2020-08-17T02:40:41Z")
To be clear your talking about the yycrv vault token, yes? Pretty sure its called yycrv. I think all vault tokens should be renamed to vdai or vcrv to make it easier to understand. Earn is using ydai already so the vaults should be called vdai. ---
**Author:** ![urizenus](https://avatars.discourse-cdn.com/v4/letter/u/c68b51/32.png) [@urizenus](https://gov.yearn.fi/u/urizenus)\ **Post date:** [17 August 2020 02:42 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/12 "2020-08-17T02:42:46Z")
Replying to myself here, it seems that there is discussion within UMA about prefixing a “u” to their tokens, which would mean their yUSD would become uYUSD. ---
**Author:** ![tianwen](https://avatars.discourse-cdn.com/v4/letter/t/ee59a6/32.png) [@tianwen](https://gov.yearn.fi/u/tianwen)\ **Post date:** [17 August 2020 02:55 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/13 "2020-08-17T02:55:25Z")
> [@learnyearn](#): > > 通过将$ yCRV重命名为$ yUSD，YEARN可以创建实际利息收入稳定币2.0。 good idea, really like this idea ---
**Author:** ![ablemate](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/ablemate/32/577_2.png) [@ablemate](https://gov.yearn.fi/u/ablemate)\ **Post date:** [17 August 2020 04:35 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/14 "2020-08-17T04:35:14Z")
Fantastic idea, 100% support it ---
**Author:** ![FutureFund](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/futurefund/32/177_2.png) [@FutureFund](https://gov.yearn.fi/u/FutureFund)\ **Post date:** [17 August 2020 13:06 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/16 "2020-08-17T13:06:46Z")
Just to add to this, from the last posts on the yearn twitter. yUSD could be the tokenized asset name for the yCRV yVault. which means. yUSD is now yVault (yCRV + CRV Strategy) making it a new meta USD asset that nobody has done before. ---
**Author:** ![learnyearn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/learnyearn/32/662_2.png) [@learnyearn](https://gov.yearn.fi/u/learnyearn)\ **Post date:** [17 August 2020 13:51 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/17 "2020-08-17T13:51:06Z")
**INCLUDE THIS IN THE YIP:** **Summary:** Use product prefix for all tokens instead of just “Y”. yUSDC = vaultUSDC yDAI = vaultDAI **Motivation:** First this makes the vault easier to explain. _When you deposit DAI, you receive back vaultDAI that earns interest._ Second it **brands each YEARN product**. There are many other protocols like “mUSD” “aLINK” and this can be confusing. vaultDAI can only be one thing. We would also like to see this done for the new insurance product. yiUSDT = yinUSDT ---
**Author:** ![Governor](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/governor/32/894_2.png) [@Governor](https://gov.yearn.fi/u/Governor)\ **Post date:** [17 August 2020 14:05 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/18 "2020-08-17T14:05:34Z")
oh my… this is a great idea. In words of @Substreight, I’d say “I am for this.” ---
**Author:** ![learnyearn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/learnyearn/32/662_2.png) [@learnyearn](https://gov.yearn.fi/u/learnyearn)\ **Post date:** [17 August 2020 14:11 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/19 "2020-08-17T14:11:36Z")
**If you go a step further:** Let’s say you have 10,000 $vaultUSDC, but you don’t want to withdrawal and pay the 0.5% fee. Would another protocol want to let you do something with your $vaultUSDC? Hmmm… By branding each YEARN product (we want logos too), you are effectively fostering the creation of a community driven ecosystem around each product. MASSIVE IMPACT + POTENTIAL. It starts today with branding. #JFC #OHMY #FEWUNDERSTAND #JUSTYEARNIT ---
**Author:** ![Daft](https://avatars.discourse-cdn.com/v4/letter/d/7ab992/32.png) [@Daft](https://gov.yearn.fi/u/Daft)\ **Post date:** [17 August 2020 14:15 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/20 "2020-08-17T14:15:23Z")
Love the idea - i got confused between yDAI from the DAI vault and yDAI that can be put in yCRV pool. ---
**Author:** ![CrayCrayCrypto](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/craycraycrypto/32/2918_2.png) [@CrayCrayCrypto](https://gov.yearn.fi/u/CrayCrayCrypto)\ **Post date:** [17 August 2020 14:24 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569/21 "2020-08-17T14:24:32Z")
> [@learnyearn](#): > > By branding each YEARN product (we want logos too), you are effectively fostering the creation of a community driven ecosystem around each product. With being newer to Yearn, this would make much more sense to me. 1 $YFI Stack here CrayCrayCrypto [Next page](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569.md?page=2)