What'up on Curve ? #83

Bear or Bull market, this newsletter will still be here !

---

If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇

Vote and proposal

Still few hours to vote for this one : https://dao.curve.fi/vote/parameter/38

JPEG'd @JPEGd_69

15 hours left for the Curve DAO vote to lower the A Factor of the PUSd/3Crv pool to 25. Over the next 15 hours JPEG'd DAO will be arbing this pool. As the A factor ramps down, 3Crv LPs will incur higher slippage if they wait to withdraw. dao.curve.fi/vote/parameter…

But you should probably read this before

W⬡rmholeOracle @WormholeOracle

1/ The PUSd parameter vote to reduce A from 50 to 25 seems on the surface to be a fail, but 220m+ votes from @ConvexFinance have yet to roll in. This vote is actually overwhelmingly likely to pass, and here's what voters and LPs should know 👇

As well as this

kamikaz ΞTH @kamikaz_ETH

(1/9) 🚨Private Pools: An Existential Curve Threat?🚨 What if there was a Curve stablecoin pool with 100% APY? But to join the pool, you have to buy an entry ticket that costs $100k? Enter @JPEGd_69 and the $pUSD Curve pool And @Tetranode is mad as hell about it...

A new proposal to add pxCVX/CXV (from Redacted) to the Gauge Controller

funky @_funkyjunky

new proposal who dis?

gov.curve.fiProposal to add pxCVX/CVX to the Gauge ControllerSummary: Proposal to add the pxCVX/CVX pool to the Gauge controller to enable users to assign a gauge weight and mint CRV. References/Useful links: Website: https://pirex.io/ Documentation: Pirex - [REDACTED] Cartel Twitter: https://twitter.com/redactedcartel Discord: [REDACTED] Dune: Dune P…

Another interesting analysis of a current vote

Haym Salomon @SalomonCrypto

(1/19) So... the @fraxfinance by @samkazemian for @CurveFinance, worried that your $FXS / $CRV / $CVX is screwed if this passes? Tl;dr This proposal good. Very good. Read on to learn more about the implications of this titanic change in The Curve Wars

gov.curve.fiDeploy a “FRAXBP” Pool & whitelist Frax for veCRV StakingHey everyone, Sam here from Frax. I’ve been talking to c2tp, Michael, and others to create this proposal which I hope the community likes 🙂 Summary: Create a FraxBasePool (FBP) of FRAX-USDC and put up for vote for gauge+base pool candidacy. Then whitelist Frax Protocol to stake veCRV to permalock…

Curve and $CRV elsewhere

If you have some veCRV, you are probably eligible for the Velodrome’s aidrop

Velodrome (🚴,🚴) @VelodromeFi

Velodrome is an AMM designed as the central trading and liquidity marketplace on @optimismPBC. It is the next evolution of the @solidlyexchange model introduced by Andew Cronje. Launching on May 31st with 10+ partners, it will kick start #OPSummer. Need a 101?👇🧵

Nice dashboard indeed

DefiMoon 🦇🔊 @DefiMoon

Just discovered this amazing cvxCRV dash on Dune by @0xplok 👀 It has every metric you could possibly think of: dune.com/0xplok/cvxCRV-… $CRV $CVX #Defi

dune.comDuneBlockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, xDai, Polygon, Optimism, BSC and Solana for free.

New pool

Rewards are coming for the stDOT / xcDOT pool on Moonbeam.

MixBytes @MixBytes

🥳 stDOT+xcDOT @CurveFinance Pool with @LidoFinance LDO LP Rewards launched on @MoonbeamNetwork! mixbytes.io/blog/stdot-xcd…

mixbytes.iostDOT+xcDOT Curve Pool launchMixBytes launches first Lido stDOT stable pool on Curve

New pxCVX/CVX pool by Redacted

██████ @redactedcartel

We've seeded the @CurveFinance pool ████ for $pxCVX / $CVX ████ with $500,000 in liquidity. ████ users can now trade in and out of $pxCVX. curve.fi/factory/126

General stuffs 🤤

Convex in the new king ! this website is very cool: https://www.defiwars.xyz/curve

minimumwage @mn_wag

GM fam 🦙 51% of all $veCRV is held by @ConvexFinance 👀🔒 Defiwars.xyz 👇

Hum … a bit worrying for Celsius

yieldchad @yieldchad

Celsius $CEL is functionally insolvent on their ETH position. Only 27% of Celsius' ETH is liquid, the rest is either stETH or staked in ETH2, so inaccessible for at least 1 year. If withdrawals continue at the current pace of...(1/x)

Dirty Bubble Media: 🌡⏰💣 @MikeBurgersburg

Main DeFi wallet 0x8ACeaB: Aave: - 445k $stETH, 150k Eth, 13.6K WBTC deposits ($1.45 bil) - $466.7m $USDC, $114.7m $USDT, $98.9m $DAI borrowed ($680m) Compound: - 13.4k $WBTC, 45.5k $Eth deposits ($476m) - $149.5m $DAI, $69.3m $USDC borrowed ($218m) https://t.co/r4cBzUqFh8

Good explanation about veTokens

Angle Protocol 📐 @AngleProtocol

veTokens, locking, @CurveFinance, and liquid lockers, @ConvexFinance, … Why is everyone talking about them so much? Here is the story behind one of the hottest innovations in decentralized governance 👇

Synthetics pools on 🔥

Synthetix ⚔️ (✨🔴_🔴✨) @synthetix_io

Top 3 pools on @CurveFinance are all synthetic asset pools. Why? - @1inch integrated with Synthetix Atomic Swaps. 40-50m in DAILY volume through Synthetix. All fees are distributed directly to $SNX stakers. Spartans lets get that to 100-200M daily!⚔️

From the community

Fundamentals about Curve

Kirill Naumov @kinaumov

Back to the Basics: Uniswap, Balancer, Curve Understanding DeFi fundamentals is crucial for analyzing newer projects. In this thread I’ll summarize over 100 pages of AMM research and explain exactly how these three protocols work. Try to follow the math, it’s interesting. 1/55

A very nice an interesting section around the Curve War

Perpetual Protocol (✨🔴_🔴✨) @perpprotocol

Want to dive even deeper into $FRAX? 🤿 Check out this article by @jackchong_jc & @0xkowloon 👇 mirror.xyz/jackchong.eth/…

mirror.xyzHow Frax beats the RestThe first deep dive and smart contract dissect of Frax Finance ($FRAX $FXS). Read on to find out how Frax beats the Rest with 3 Killer Apps.

People have faith 🤣

MoonFrog || $CRV Booster || ve(👑,👑) @CFrogE1

🐸😇 Have faith and accumulate. One day our time will come. $CRV $CVX $cvxCRV

A nice article as always 👍

crv.mktcap.eth @CurveCap

June 3, 2022: Curve Yield Leaderboard 🔝🔢 Updates on $PAL, $OHM, $SILO, $ANGLE, $UDSN, $PUSd, $FXS, $BADGER curve.substack.com/p/june-3-2022-… 🧵1/10👇

curve.substack.comJune 3, 2022: Curve Yield Leaderboard 🔝🔢Updates on $PAL, $OHM, $SILO, $ANGLE, $UDSN, $PUSd, $FXS, $BADGER

Love it !

Foodfarmer.eth 🧑‍🌾 @rektfoodfarmer

Who likes my new number plate ? $CRV