What'up on Curve ? #32

Everything you missed this week

Cryptouf

Jun 16

Welcome to the unofficial Curve’s newsletter.

I hope I didn’t forget something

Big announcement !

Probably the biggest news this week. Curve v2 is out !

Curve Finance @CurveFinance

Our algorithm for exchanging volatile assets is up! On Ethereum: curve.fi/tricrypto On @0xPolygon: polygon.curve.fi/atricrypto

Let’s be honest, this news is amazing, but 99.99% of users don’t understand what it does exactly ! Even king Andre is not sure 🤣

Andre Cronje @AndreCronjeTech

I miss whitepapers. And no, Curve's moon math papers don't count, only @newmichwill understands that, and anyone else is larping. Any good ones recently?

But to make it simple, some pool composed by volatile assets are now available. The first one is WBTC/ETH/ USD. Keep in mind that IL is also appearing, as clearly mentioned by Curve.

Curve Finance @CurveFinance

@Mkflow27 @0xPolygon Yes. IL-wise it's like a Balancer's WBTC/WETH/USD pool or thereabouts

Curve and CRV elsewhere

Pools on Fantom will receive $CRV very soon !

Fantom Foundation @FantomFDN

Incentivized @CurveFinance pools coming to Fantom this Thursday! Users will be able to use DAI, USDC and fUSDT on Fantom to generate yield.

And the renBTC pool is now also available on Polygon and Fantom !

Curve Finance @CurveFinance

In addition, ren pool on Polygon uses Aave for extra yield on WBTC

Curve Finance @CurveFinance

Pools with renBTC are up on Polygon and Fantom! https://t.co/rnzy7b9Y4T and https://t.co/UkNj3O3dL0

Curve V2 lunched only few days ago but is already integrated in most DEXs such as Matcha (0x) , Paraswap and 1Inch

0x 🍵 @0xProject

Curve v2 (@CurveFinance) is now integrated into 0x API's best in class liquidity aggregation endpoint for both Polygon and Ethereum 🛠️

ParaSwap @paraswap

Curve V2 is live in ParaSwap 🎉 Enjoy the recent innovation from the legendary @CurveFinance team 🦾 Done the ParaSwap way, so it's directly live on the API for both #Ethereum & @0xPolygon 😉

Rewards for the ETH/stETH have been extended ! $LDO for 30 days !

Lido @LidoFinance

LDO rewards for the Curve ETH/stETH pool extended for 30 days 🏝️ 3,750,000 LDO will be distributed to LPs in the @CurveFinance stETH pool, with the current round ending on July 13th.

Proposal and vote

A new proposal to add an MIM-3Pool on Curve.

🧙🏼‍♂️ @MIM_Spell

🧙🏼‍♂️! A proposal is out to add a [MIM-3Pool] Metapool to @CurveFinance !🔥 You can find it here: gov.curve.fi/t/scip-40-addi… 📖 Signal Voting Starts today at 22:30 CET!🗳 Raise your wands and cast your vote here: signal.curve.fi/#/curve.eth/pr… 🪄🔮🔥 Harry Potter Raise Your Wand GIF

An alternative of a recent proposal to add an alETH-[stETH-ETH] pool.

Daniele S. 🌙🐕🧊🧙‍♂️ @danielesesta

(1/2) Just proposed a new setup for the alETH @AlchemixFi pool on @CurveFinance as a alETH-[stETH-ETH] Metapool. More info on sCIP#41 Here: gov.curve.fi/t/scip-41-add-… Alternative Vote: Snapshotsignal.curve.fi

Vote to add a gauge on the new renBTC pools on Fantom and Polygon

Curve Finance @CurveFinance

Votes for $CRV gauges for ren pools on Fantom and Polygon are up: dao.curve.fi/vote/ownership… and

Alchemix drama 🥺

A disagreement seems to have arisen between Curve and Alchemix

scoopy trooples @scupytrooples

@CurveFinance @AlchemixFi @saddlefinance Hey, we tried to be on Curve but were denied. Would have loved to be on it, but we needed an exchange that specializes in soft pegs (and univ3 farms are still not ready/battle tested). Still love curve and shill it on nearly every podcast I go on.

The main reason for this refusal seems to be the fact that Alchemix is mainly dumping $CRV as it’s using Yearn vault behind the scene. But I’m nor sure a vote happened for that 🤔.

So Alchemix went on Saddle Finance. But this move is controversial as Saddle Finance is a fork backed by VCs.