Welcome to the unofficial Curve.fi protocol newsletter.
Another busy week at Curve!
What's going on?
Permissionless pools soon at Curve?
Summary on permissionless pool creation;
Uniswap ✅
Sushiswap ✅
Balancer ✅
Bancor ✅
Curve 🔜
Any ideas what happens to TVL and fees when anyone can create stable coin pools for their new stable coins?
For the algos, get_virtual_price() is flash loan proof. 😉
New rewards ...
LPs of the sEUR / EURS pool will share 8,000 SNX per week!
Introducing a new 8000 SNX per week incentive to provide sEUR liquidity to the new @CurveFinance Euro liquidity pool, which also pools EURS from @stasisnet!
The rate seems quite good btw: +22% APY from $SNX in that pool at the moment 👀
Synthetix ⚔️ @synthetix_io
… Always more
The stETH / ETH pool is also given a small boost with a distribution of LDO to LPs
A proposal has passed to distribute 0.5% (5,000,000) LDO to @CurveFinance stETH liquidity providers over the next 30 days.
View our guide to providing stETH liquidity via Curve below 👇
blog.lido.fi/providing-stet…
A new non-custodial pool?
Now is the time to vote if you want to see the emergence of a pool containing only non-custodial stablecoins
Many people asked about a noncustodial-only pool (e.g. no coins like USDC or USDT). If you think that's a good idea - please check this proposal: aDAI/aSUSD pool