Welcome to the unofficial Curve.fi protocol newsletter.
Another crazy week at Curve!
More reward for the stETH/ETH pool
500k LDO to be distributed for LP over the next 30 days
The new round of LDO rewards for @CurveFinance stETH/ETH LP's has started.
500,000 LDO will be distributed to stETH/ETH LPs over the next 30 day period, ending on March 12th.
A new Pool
And one more pool… one! Indeed, a new ankrETH / ETH pool has just appeared. ankrETH is the stake form of ETH on the ANKR protocol.
Back at work
We saw it last week, the Iron Bank pool had been temporarily suspended. She is now making her comeback with a much more equivocal name.
.. moreover a vote took place to add the gauge to this pool. As well as the usdp pool.
New vote: ironbank (ex-yv2) and usdp pool gauges, as well as massive optimization for fee distribution process ("burners").
Parameter changes
Changing pools' amplification coefficients over 1 week:
3pool: 200 -> 600 (DAI is now more stable due to PSM);
usdn: 100 -> 50 (USDN should have more support if depegs);
stETH: 5 -> 10 (stETH appears to be more stable than anticipated).
The cross swap still on 🔥
Cross swap still works perfectly, here a 4.6M swap without slippage.
Those Curve Cross Swaps are just amazing to watch.
$4.6M USDC to sETH at 0 slippage 🔥
etherscan.io/tx/0xdded2cdd7…
Prepare your tickets
Waves will a lottery among those who weight-voted for USDN pool