What'up on Curve ? #124
If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇
Pools
Did they said extra incentives ??
Keep us safe
1/ $agEUR has depegged in the wake of the March 13th @eulerfinance hack, currently trading ~30% below peg.
There are 6 Curve pools affected, all have experienced significant liquidity outflows, as @AngleProtocol has paused the protocol and is addressing its $17.6M in losses
crvUSD
I personally hope that $CRV will go much higher than $1 !
Don’t think so ^^
Good question !
Curve and $CRV elsewhere
The great migration
🔔The first LAVs have concluded and @CurveFinance pool weights have been updated.
In this round of voting 1 $vlCNC was able to directly control $32.25 worth of liquidity.
Rediversified exposure, new yields, and rebalancing rewards are now live for LPs👇
conic.finance
Stake $CRV, borrow $DOLA with Inverse. DYOR
CRV hodlers 🗣🗣 say goodbye to traditional borrowing! 👋🏼👋🏼 Hello low cost, carefree borrowing on FiRM ! @CurveFinance $DOLA bit.ly/3mH1WSc
This is interesting
What's the best option when you #hodl $CRV and you want to start acquire $ETH? 🤔
💡 Start using our new harvester, CRV-sdCRV!
Deposit now and get >21% APY 👇
concentrator.aladdin.club
You can buy Cover for Curve with Nexus Mutual v2
The dynamic pricing makes so much more sense in @NexusMutual V2, and is more competitive.
Now you can buy covers for:
- @CurveFinance or @AaveAave for 1.3-1.45% APR
- Binance Custody Cover is much higher at 10.4% APR
- And yet GMX is low but higher than Aave at ~3% APR
Nexus Mutual @NexusMutual
Some juicy APY on Polygon with Convex
If you are looking to get some farm rewards on your $CRV tokens , you can check @ConvexFinance on @0xPolygon network :
- 60%+ $CRV rewards
- Composed of :
50% $CRV
16.4% $wETH
16.4% $wBTC
17.2% $USDC $USDT and $DAI
#DeFi #Polygon #DEX
Almost back to peg
General stuff 🤤
As we say every time there is FUD.
FUD = Volume = fees . And last week was a very nice week !!!
weekly fees are in! @CurveFinance
$1,484,280
1st week over $1m fees since 3ac collapsed in June 2022 🤑
more drama = happy llama 😃 🦙
$veCRV $cvxCRV $yCRV $sdCRV https://t.co/37Lm41DiUj
Alphaverse DeFi Fund @AlphaverseDeFi
So of course, APY increased !
Also here
It's raining @CurveFinance 🌈! $sdcrv holders it's payday based on these juicy APR's - thank you $3crv fees🙌
time to use your $crv to mint some $sdcrv | nfa
A cool article about this
March 16, 2023: FUD→$$$ Engines 🚒💸
$CRV, $SNX print $1.5MM weekly fees
open.substack.com/pub/curve/p/ma…
A look into the protocols who are celebrating the past week's chaos
🧵1/7👇
0 Withdrawal fees !!!!
You may be affected
Reminder: as stated in the latest Medium post, all Arbitrum pools on Convex will be migrating in the next 24-48 hours. There will be a follow-up announcement once the new contracts are deployed. Existing LPs will need to un-stake and re-stake using the new contracts.
From the community
Nice thread. Just missing this newsletter ^^
If you don't know about Curve Wars you are ngmi in DeFi.
Curve Finance is the inspiration for many protocols due to its genius tokenomics.
An easy guide to Curve Wars for dummies🧵.
The Guts of Curve Yield
March 15, 2023: The Guts of Curve Yield 🫀🫁
Dissecting the Curve vAPY and tAPR formulas
open.substack.com/pub/curve/p/ma…
Nice thread
The next Curve war will be fought with $CNC.
In a remarkable feat, @ConicFinance peaked at $64M TVL in 2 weeks of launch.
How will it fuel the $crvUSD narrative and liquidity wars on @CurveFinance & @ConvexFinance?
Let’s dive in 🧵
Nice Dashboard
In case anyone wants to know: Last week Curve hit new record of 10,716 weekly active users, with average volume of $1m per user.
Dune dash by @Blockworks_
📊dune.com/blockworks_res…
$CRV #Defi
Curve Finance @CurveFinance
Amazing work
It’s ok if you don’t understand $crvUSD, since you don’t understand Curve itself either. 😭
@ConvexFinance, @redactedcartel, or @fraxfinance apes, know the math behind your money makers.
First principles for grasping @CurveFinance.
Curve Magic. hackmd.io/@alltold/curve…
Follow the Curve and subscribe to this Newsletter !
