What'up on Curve ? #110
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Proposals
Several interesting proposals
Very cool pool for CRV wrappers
An interesting pool got recently created: CRV+cvxCRV+yCRV+sdCRV. Few people thought it's a nice idea, so it is up for voting now:
Pool: curve.fi/#/ethereum/poo…
Proposal: gov.curve.fi/t/crv-booster-…
Vote:
Metapool (CRV/aTricrypto3) on Polygon
Some maybe noticed an interesting pool: curve.fi/#/polygon/pool…
This is a crypto-metapool which can swap to ETH, BTC and USD without fragmenting liquidity!
It just got a vote for gauge:
dao.curve.fi/vote/ownership…
vote.convexfinance.com/#/proposal/0xa…
Several proposals for Clever’s pools
Risks
Cryptoriskteam is still working hard to protect us
11/ We recommend replacing the unverified msig owners with team members from Curve, Convex, and/or Frax.
Barring a good faith effort, we believe $ApeUSD does not meet the criteria for a Curve gauge.
For more details, read the full report.
Curve and $CRV elsewhere
This vote successfully passed …
🧙🏼♂️!
AIP #13 - "Add a $CRV Cauldron" voting period has ended!🔥
The AIP has passed with absolute majority!🔮
Our $CRV cauldron is coming very soon #Wizards!🪄
Get ready for some magic @CurveFinance!👀🦙
🧙🏼♂️ @MIM_Spell
…. You can now use $CRV as collateral to borrow $MIM on abracadabra
🧙🏼♂️!
@MIM_Spell 🤝 @CurveFinance
You can now borrow $MIM using $CRV as collateral in our latest cauldron👇🏻🦙🔮
- Interest rate: 18%
- Borrow fee: 0%
- MCR: 75%
- Liquidation fee: 10%
Borrow Now!👇🏻🔥
abracadabra.money/borrow/35
More votes coming . Comic Finance is nearing a launch
🧵3/6
The current signal vote is which dollarcoin will be used for the first omnipool. At the moment Frax is leading, but the vote is still open.
Subsequent votes will be held on eligible @CurveFinance pools for the winning stablecoin, followed by a vote on weightings.
General stuff 🤤
For BTC maxis !
There's $31.7m of BTC liquidity in Curve pools.
All but one of them has renBTC exposure.
All of them have wBTC exposure.
And all of them offer yields priced for perfection.
From the community
Cool drawing
Soo cute
Don’t give it back !!!
Want liquidity conditions to improve? Tired of bear market status? Only way to turn the market is for retail to realize curve is the bedrock of the digital asset market. Steal the liquidity from whales, future whales, governments, and sovereign funds. Don’t give it back. $CRV
Is $CRV a top performer ?
Despite being seriously underwater on my spot $CRV holdings, my confidence hasn't been shaken one bit. I still think CRV will be a top performer in the final stages of this cycle. Double digits easy imo, largest moves yet to come. Need to clear $1 to get the ball rolling.
CrediBULL Crypto @CredibleCrypto
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