# What'up on Curve ? #131 By [Cryptouf](https://paragraph.com/@cryptouf) · 2023-05-09 --- If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇 [Subscribe](null) * * * Ok , lets’ be honest, the main info of the past week is the launch of the crvUSD !!!! crvUSD ------ We didn’t see 1 deployment ! We saw 3 !!! First one [![User Avatar](https://storage.googleapis.com/papyrus_images/c5bbedc41a2372425a6c88ca97c84744756fe903979c18c6f10481df82f35775.jpg)](https://twitter.com/CurveFinance) [Curve Finance](https://twitter.com/CurveFinance) [@CurveFinance](https://twitter.com/CurveFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CurveFinance/status/1653872243556986880) As many figured - deployment of crvUSD smart contracts has happened! This is not finalized yet because UI also needs to be deployed. Stay tuned! [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 833](https://twitter.com/CurveFinance/status/1653872243556986880)[ 4:20 PM • May 3, 2023 ](https://twitter.com/CurveFinance/status/1653872243556986880) Second one [![User Avatar](https://storage.googleapis.com/papyrus_images/c5bbedc41a2372425a6c88ca97c84744756fe903979c18c6f10481df82f35775.jpg)](https://twitter.com/CurveFinance) [Curve Finance](https://twitter.com/CurveFinance) [@CurveFinance](https://twitter.com/CurveFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CurveFinance/status/1654060060090179585) After some peer-review of deployments, it was found that current version of crvUSD needs a redeployment which will follow shortly today \[veCRV wouldn't get fees with this one, due to a mistake in deployment script\] [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 255](https://twitter.com/CurveFinance/status/1654060060090179585)[ 4:47 AM • May 4, 2023 ](https://twitter.com/CurveFinance/status/1654060060090179585) Third one [![User Avatar](https://storage.googleapis.com/papyrus_images/c5bbedc41a2372425a6c88ca97c84744756fe903979c18c6f10481df82f35775.jpg)](https://twitter.com/CurveFinance) [Curve Finance](https://twitter.com/CurveFinance) [@CurveFinance](https://twitter.com/CurveFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CurveFinance/status/1654214766104027138) Third deployment of crvUSD is done. No errors, but fixed an issue of unexpectedly high gas usage in certain cases (3M gas (!) -> 300k gas). Again, thanks to community for discovering: no testnets can replace such testing in prod [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 435](https://twitter.com/CurveFinance/status/1654214766104027138)[ 3:01 PM • May 4, 2023 ](https://twitter.com/CurveFinance/status/1654214766104027138) But this is a good news [![User Avatar](https://storage.googleapis.com/papyrus_images/110c18132cb58584157670d4c5111569642cd37340f2527b1d2c127dfa381edf.jpg)](https://twitter.com/noahseidman) [Captain Rational 🧮📐✏️](https://twitter.com/noahseidman) [@noahseidman](https://twitter.com/noahseidman) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/noahseidman/status/1654240810093690884) Let me explain something simple folks, this is exactly what you should be seeing with deployments. Immutable implementations require entire protocol redeployments. It either works, or it doesn't, because it cannot be changed. [![User Avatar](https://storage.googleapis.com/papyrus_images/c5bbedc41a2372425a6c88ca97c84744756fe903979c18c6f10481df82f35775.jpg)](https://twitter.com/CurveFinance) [Curve Finance](https://twitter.com/CurveFinance) [@CurveFinance](https://twitter.com/CurveFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CurveFinance/status/1654214766104027138) Third deployment of crvUSD is done. No errors, but fixed an issue of unexpectedly high gas usage in certain cases (3M gas (!) -> 300k gas). Again, thanks to community for discovering: no testnets can replace such testing in prod [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 59](https://twitter.com/noahseidman/status/1654240810093690884)[ 4:45 PM • May 4, 2023 ](https://twitter.com/noahseidman/status/1654240810093690884) Only thing missing is a beautiful UI Some concern began to emerge in the community [![User Avatar](https://storage.googleapis.com/papyrus_images/86b68e1bed1f5d6fd37c8685186c8d9ba7fb5dc26caff0c87e3063b51c376057.jpg)](https://twitter.com/TokenBrice) [tokenbrice.eth (🐜,🔍)](https://twitter.com/TokenBrice) [@TokenBrice](https://twitter.com/TokenBrice) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/TokenBrice/status/1654211047299874817) So $crvUSD is frxETH backed, there goes our hope of another resilient stable. It inherits the black box that is frxETH risk model, any more dets on the validator yet? Let's see what will be up with $GHO but I'm kinda expecting something similar at this point ... [![User Avatar](https://storage.googleapis.com/papyrus_images/15ca86def2605ea3199599f5775e8966fe9fad3666ba111f5a5002b839ffd715.jpg)](https://twitter.com/MEVCapital) [MEV Capital](https://twitter.com/MEVCapital) [@MEVCapital](https://twitter.com/MEVCapital) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MEVCapital/status/1654015640141692929) $crvUSD is here, mintable by posting sfrxETH as collateral. Currently, only you can only interact with $crvUSD by pinging the smart contract directly, [@CurveFinance](https://twitter.com/CurveFinance) UI integration is pending. An exciting day for [#DeFi](https://twitter.com/hashtag/DeFi). Go Llamas! ![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png)![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png)![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 67](https://twitter.com/TokenBrice/status/1654211047299874817)[ 2:47 PM • May 4, 2023 ](https://twitter.com/TokenBrice/status/1654211047299874817) Test in prod with a $1MM loan ! [![User Avatar](https://storage.googleapis.com/papyrus_images/391acfbec53ef487dd51f55f0522df2a647d7abbf8a70fbf6ce2eaaf5073818a.jpg)](https://twitter.com/CurveCap) [crv.mktcap.eth](https://twitter.com/CurveCap) [@CurveCap](https://twitter.com/CurveCap) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CurveCap/status/1653862447764365312) Inaugural $1MM loan for $crvUSD by [@newmichwill](https://twitter.com/newmichwill) [etherscan.io/tx/0x6a90711ec…](https://t.co/DwTaU0b3dl) ![](https://storage.googleapis.com/papyrus_images/c931c7d1d53e4cc7bb5c11d713e4d914d8543989b71c1a13b39643e972f26be4.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 169](https://twitter.com/CurveCap/status/1653862447764365312)[ 3:41 PM • May 3, 2023 ](https://twitter.com/CurveCap/status/1653862447764365312) This is true …. Please pump it ! Votes & Proposals ----------------- Add $wBETH to the Gauge Controller ? [![User Avatar](https://storage.googleapis.com/papyrus_images/08d36691279e37f9b4800b19e0a184e7dc577236a782724a01a6c7d33d3a458a.jpg)](https://twitter.com/SupremacyHQ) [Supremacy](https://twitter.com/SupremacyHQ) [@SupremacyHQ](https://twitter.com/SupremacyHQ) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/SupremacyHQ/status/1654117850985164800) 1/ [@binance](https://twitter.com/binance)'s earn team at [@CurveFinance](https://twitter.com/CurveFinance) launched a proposal to add $wBETH to the Gauge Controller, and our research team decided to perform a centralized risk assessment of $wBETH. In that assessment, we identified a potential risks. [ ![](https://storage.googleapis.com/papyrus_images/86a8e74622c754ffbfac1e0ac81ba4f8284b8d6ca7362bfea7d0ffe28228c018.png) gov.curve.finance Proposal to add wBETH/ETH to the Gauge Controller ------------------------------------------------- Gauge Proposal Template: Summary: Proposal to add wBETH/ETH pool to the Gauge Controller to enable users to assign gauge weight and mint CRV. Pool deployed here: 0xBfAb6FA95E0091ed66058ad493189D2cB... ](https://t.co/bjjmvVNXsj) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 61](https://twitter.com/SupremacyHQ/status/1654117850985164800)[ 8:36 AM • May 4, 2023 ](https://twitter.com/SupremacyHQ/status/1654117850985164800) Curve and $CRV elsewhere ------------------------ Borrowing against $cvxCRV and keeping 100% of your rewards ??? Huge if true [![User Avatar](https://storage.googleapis.com/papyrus_images/31a13f5269d8767b400f22c27dc67391ef5d9ccec17e4207caf18b34003c064a.jpg)](https://twitter.com/InverseFinance) [Inverse](https://twitter.com/InverseFinance) [@InverseFinance](https://twitter.com/InverseFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/InverseFinance/status/1654497563628777478) Imagine ... borrowing against $cvxCRV and keeping 100% of your rewards ![😳](https://abs-0.twimg.com/emoji/v2/72x72/1f633.png) [@ConvexFinance](https://twitter.com/ConvexFinance) [@CurveFinance](https://twitter.com/CurveFinance) ![](https://pbs.twimg.com/ext_tw_video_thumb/1654496345275629571/pu/img/BgksKPEVuPF6k0yt.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 54](https://twitter.com/InverseFinance/status/1654497563628777478)[ 9:45 AM • May 5, 2023 ](https://twitter.com/InverseFinance/status/1654497563628777478) Interesting. Hope it’s not because people don’t believe in Curve any more … Keep locking ! crvUSD already incorporated by other projects [![User Avatar](https://storage.googleapis.com/papyrus_images/d865c42a63c1c223997c4010304bcfacdee2c62c0b425c9d9a786c9669fb61bc.jpg)](https://twitter.com/ConicFinance) [Conic Finance](https://twitter.com/ConicFinance) [@ConicFinance](https://twitter.com/ConicFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/ConicFinance/status/1654147055378395141) \[CIP\] Add $crvUSD Omnipool ![🗳️](https://abs-0.twimg.com/emoji/v2/72x72/1f5f3.png) Voting is live: [vote.conic.finance/#/conic-dao.et…](https://t.co/hLBDIc1cmj) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 106](https://twitter.com/ConicFinance/status/1654147055378395141)[ 10:32 AM • May 4, 2023 ](https://twitter.com/ConicFinance/status/1654147055378395141) That was fast [![User Avatar](https://storage.googleapis.com/papyrus_images/4a3b712014975c05d50aea2b739f84bc2e1e2dc4958ace94f2817b63056821f2.jpg)](https://twitter.com/DefiLlama) [DefiLlama.com](https://twitter.com/DefiLlama) [@DefiLlama](https://twitter.com/DefiLlama) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/DefiLlama/status/1653914657776627713) Now tracking $crvUSD on [@ethereum](https://twitter.com/ethereum) crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar ![](https://storage.googleapis.com/papyrus_images/1728a4ba573e692a4e653e4fc23b7999d3312468d582678f69b2425fab487009.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 243](https://twitter.com/DefiLlama/status/1653914657776627713)[ 7:09 PM • May 3, 2023 ](https://twitter.com/DefiLlama/status/1653914657776627713) Something is coming [![User Avatar](https://storage.googleapis.com/papyrus_images/f66aae6889e2855c2f4f6d045c1aa6375d2af84c88f2c6c46a0f8351b07a6a16.png)](https://twitter.com/Curvance) [Curvance (Loading...)](https://twitter.com/Curvance) [@Curvance](https://twitter.com/Curvance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Curvance/status/1654593216136589312) 1/ ![🗝️](https://abs-0.twimg.com/emoji/v2/72x72/1f5dd.png) We are excited to announce Curvance, an Omnichain Yield Optimized Lending Protocol! We aim to revolutionize [#DeFi](https://twitter.com/hashtag/DeFi) by unlocking the full power of your liquidity & enabling optimized yields through [#P2P](https://twitter.com/hashtag/P2P) lending. [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 52](https://twitter.com/Curvance/status/1654593216136589312)[ 4:05 PM • May 5, 2023 ](https://twitter.com/Curvance/status/1654593216136589312) From the community ------------------ Because crvUSD is a new product, we also saw a lot of new content about it. We will share some [![User Avatar](https://storage.googleapis.com/papyrus_images/338eac3fd064712e0c33e940ff813dd200787fe427fa8992b4d1d440411f4d11.jpg)](https://twitter.com/0xMughal) [Wajahat Mughal](https://twitter.com/0xMughal) [@0xMughal](https://twitter.com/0xMughal) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xMughal/status/1654135519771541507) crvUSD is here! In this video, I cover briefly how $crvUSD works & some of the benefits it brings. ![](https://pbs.twimg.com/ext_tw_video_thumb/1654134549247393793/pu/img/02_EExqmnYMeQRLK.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 68](https://twitter.com/0xMughal/status/1654135519771541507)[ 9:46 AM • May 4, 2023 ](https://twitter.com/0xMughal/status/1654135519771541507) Nice [![User Avatar](https://storage.googleapis.com/papyrus_images/fac378d495156dd120345b3bc5f12fbe631aed0b544bc4d5d235d18be0ca6a8f.jpg)](https://twitter.com/IQAICOM) [IQ AI](https://twitter.com/IQAICOM) [@IQAICOM](https://twitter.com/IQAICOM) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/IQAICOM/status/1654372895492313090) $crvUSD ?? [IQ.wiki](https://t.co/ZO5en09d3g) read the whitepaper so you don’t have to ![🙂](https://abs-0.twimg.com/emoji/v2/72x72/1f642.png) the UI is out! ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)… ![](https://storage.googleapis.com/papyrus_images/ef07c02b7fb5de3f949c4c5bfef5f5e951c13acd4bb71924d8a2064766311349.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 27](https://twitter.com/IQAICOM/status/1654372895492313090)[ 1:30 AM • May 5, 2023 ](https://twitter.com/IQAICOM/status/1654372895492313090) Cool thread Another one [![User Avatar](https://storage.googleapis.com/papyrus_images/4fbfd21433ed38cb6f9201a5c1937982b3073a1a90d9cb7d94800d61fcd9ae3b.jpg)](https://twitter.com/0xPain__) [0xPain Ⓜ️Ⓜ️T /acc](https://twitter.com/0xPain__) [@0xPain\_\_](https://twitter.com/0xPain__) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xPain__/status/1654423692783529984) 1/ The game on [](https://twitter.com/CurveFinance)[@CurveFinance](https://twitter.com/CurveFinance) wars would change when the King begins to draw his sword. Let's find out about $crvUSD - a new stable @CurveFinance just deployed. A thread ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png) ![](https://storage.googleapis.com/papyrus_images/8ff59f0b31ff14b81b2bcc9d52ff6f216fe94f707a29ffd1609624c79ab2c59c.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 121](https://twitter.com/0xPain__/status/1654423692783529984)[ 4:52 AM • May 5, 2023 ](https://twitter.com/0xPain__/status/1654423692783529984) If you have some time [![User Avatar](https://storage.googleapis.com/papyrus_images/af40ee00f06e920c07b4d68181e32c162c46dfd2158419201c4dcaebf2c5fd16.jpg)](https://twitter.com/leviathan_news) [Leviathan News](https://twitter.com/leviathan_news) [@leviathan\_news](https://twitter.com/leviathan_news) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/leviathan_news/status/1654489560632422402) Leviathan Live! Featuring [@Macket7](https://twitter.com/Macket7) and [@TokenBrice](https://twitter.com/TokenBrice) [youtube.com/live/CVuRQLwqT…](https://t.co/KR4hMZUVqz) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 26](https://twitter.com/leviathan_news/status/1654489560632422402)[ 9:13 AM • May 5, 2023 ](https://twitter.com/leviathan_news/status/1654489560632422402) Let’s make CRV great again ! [![User Avatar](https://storage.googleapis.com/papyrus_images/1606aa349c2c6a63f4b16beb0140fff4a1a838a3ae1c4a49e5e7bd3eb69f1e5f.jpg)](https://twitter.com/DeFi_Made_Here) [DMH 🦇🔊🌊](https://twitter.com/DeFi_Made_Here) [@DeFi\_Made\_Here](https://twitter.com/DeFi_Made_Here) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/DeFi_Made_Here/status/1653902605410529280) Despite I criticized [@CurveFinance](https://twitter.com/CurveFinance) a lot before, I am so happy that $crvusd is finally being deployed now. It is a giant leap for DeFi space and hopefully, it will make $crv great again. ![](https://pbs.twimg.com/tweet_video_thumb/FvPXpSsWwAMUETy.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 136](https://twitter.com/DeFi_Made_Here/status/1653902605410529280)[ 6:21 PM • May 3, 2023 ](https://twitter.com/DeFi_Made_Here/status/1653902605410529280) Help this guy [![User Avatar](https://storage.googleapis.com/papyrus_images/bcad0894926cf62d8ccc8821386fe86f52608eb9d4d8c1f82cebdcdf367597af.jpg)](https://twitter.com/cryptofrog202) [Crypto Frog](https://twitter.com/cryptofrog202) [@cryptofrog202](https://twitter.com/cryptofrog202) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/cryptofrog202/status/1653801481684897793) What is the best $CRV strategy (long term passive income - max returns)? Just lock $CRV for 4 years in [@CurveFinance](https://twitter.com/CurveFinance)? Stake $CVXCRV on [@ConvexFinance](https://twitter.com/ConvexFinance)? Stake $yCRV in [@yearnfi](https://twitter.com/yearnfi)? Something else (only Curve, plz) My head hurts. Help. ![](https://pbs.twimg.com/tweet_video_thumb/FvN7rZmXsAgGJwT.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 16](https://twitter.com/cryptofrog202/status/1653801481684897793)[ 11:39 AM • May 3, 2023 ](https://twitter.com/cryptofrog202/status/1653801481684897793) About the V2 TriCrypto-Token Pool [![User Avatar](https://storage.googleapis.com/papyrus_images/ddcbc245ed0911ce1269bd03adab8bd38449735711c0c3f91b7852f944c082d4.jpg)](https://twitter.com/WinterSoldierxz) [Winter Soldier ❄️🙋🏻‍♂️](https://twitter.com/WinterSoldierxz) [@WinterSoldierxz](https://twitter.com/WinterSoldierxz) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/WinterSoldierxz/status/1653796619303919618) Much has been said about the 3X gas efficiency enhancement in [@CurveFinance](https://twitter.com/CurveFinance) V2 TriCrypto-Token Pool. Yet few looked into the specifics. I spent 10 hours disentangling the complexities of TriCrypto from both mathematical and technical perspectives for ELI5. A gigathread ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png) ![](https://storage.googleapis.com/papyrus_images/1224185ef1f51e972858eee1c87406a510eab608ae9fb6a842289be58f0c7a63.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 233](https://twitter.com/WinterSoldierxz/status/1653796619303919618)[ 11:20 AM • May 3, 2023 ](https://twitter.com/WinterSoldierxz/status/1653796619303919618) * * * [Subscribe](null) --- *Originally published on [Cryptouf](https://paragraph.com/@cryptouf/what-up-on-curve-131)*