Welcome to the unofficial Curve.fi protocol newsletter.
Another interesting week at Curve!
Curve on Fantom
The Curve.fi protocol is now available on Fantom. This drastically reduces transaction costs. We go from tens of dollars to just a few cents.
$LINK Pool
We talked about it last week. The $ LINK / $ sLINK pool has appeared and you can now earn $ CRV by being a liquidity provider.
curve.fi/link
Earning 1.64% APY base
30.03% APY in CRV
Going up to 103.70% next week (or higher if you vote with veCRV)
Allows large cross-asset trades with very low slippage;
1MM DAI to 40128 LINK
The power of Curve x Synthetix x Link
Pool Factory V2
A new version of the factory pool has just appeared. This allows anyone to create a pool on Curve.
We have version 2 of pool facotory launched! It allows anyone to deploy Curve 3CRV and sBTC pool with TWAP.
Pools in the factory v2 with over $500k in 3CRV liquidity, over $3m monthly volume and an audit will be added to the main Curve UI.
Understand Furucombo’s exploit
A very interesting article to learn more about the exploit that happened place a few days ago.
February 28, 2021: @furucombo Hacked 🏃🏦
Token Approval exploit drains ~$15MM
curve.substack.com/p/furucombo-ha…
feat. @hsuantingchu @Kurt_M_Barry @FrankResearcher @bneiluj @Darrenlautf @defiprime @CreamdotFinance @ICO_Analytics @SandorReport @pleyuh
Just for fun
We end with a small swap of 30M. It hardly shocks anyone anymore 🤣.