What'up on Curve ? #82
Bear or Bull market, this newsletter will still be here ! It seems that this week was more quiet than usual. And it’s not a bad thing.
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Frax joins the battlefield
Add $FRAX/$USDC base pool + whitelisting. Interesting proposal and discussion
A proposal to add a $FRAX / $USDC base pool, and whitelist @fraxfinance for $veCRV staking/locking 👀
gov.curve.fi/t/deploy-a-fra…
Very nice summary
Frax is launching an attack
And the Curve Wars might be changed forever because of it
New article out on the Frax Basepool. Check it out, and enjoy!
Curve and $CRV elsewhere
Nice thread about $CRV inflation.
Short thread about $CRV inflation
1/6
Many don't understand the emission schedule of @CurveFinance's token $CRV. (me included until 20mins ago)
Each year the inflation decreases by around 16% compared to the previous year. The exact formula for which I've attached as a photo.
General stuffs 🤤
Discussion around pUSD peg
$JPEG getting ready to hit the scene with some beautiful theory crafting 👇👇👇
the pUSD Curve pool A weight is currently being LOWERED.
Why? Some hints have been provided by @Tetranode's recent schizoposting
the @JPEGd_69 wants pUSD to depeg... to the upside.
It started here
pUSD yields -> pressure to buy more NFTs to take advantage -> NFT prices go up
@JPEGd_69 can singlehandedly revive entire collections
Good luck kid, you'll need it
And continued here
Yield's gotta be 10%+ or it doesn't beat inflation nevermind risk premium
$pUSD's high yield attracts NFT holders on the fence
You might be hesitant to farm at 4%, but will you do it for 40%?
It might even drive a premium to the NFT collateral...
From the community
We may see some changes on Avalanche soon !
Working on updated @CurveFinance pools now that we will have native USDC/USDT & native BTC bridging
what would you prefer to see in a tricrypto pool?
Llama dollar 👀
If you dont understand that @CurveFinance is undervalued AF: NGMI.
1⃣ @fraxfinance whitelisting for veCRV will ⬇️ $CRV sell pressure by A LOT
2⃣ Llama Dollar coming s👀n
3⃣ Innovative liquidations for leverage w/$crvUSD mean more TVL + fee revenue
4⃣ $veCRV & $cvxCRV APR are 🔥
Long $CRV with Dopex. DYOR