What'up on Curve ? #145

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Aave is going to acquire 5mm $CRV !!

Leviathan News

@leviathan_news

Aave DAO approves $2mm aUSDT purchase of 5mm $CRV leviathannews.xyz/redirect/2215

Curve and $CRV elsewhere

Happy birthday ! 🎉

Curve Finance

@CurveFinance

Curve DAO and CRV token were deployed 3 years ago

etherscan.io/tx/0x5dc4a688b…

Let’s celebrate this anniversary with a decrease of annual emission

Curve Finance

@CurveFinance

Annual CRV emissions reduced by 15.9% as pre-programmed!

Probably !!!

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https://x.com

FYI

LlamaRisk

@LlamaRisk

@ZunamiProtocol has experienced a price manipulation attack that affects Curve LPs in the zETH/frxETH, UZD/FraxBP, and UZD/crvUSD pools. A combined 1,180 WETH (~$2.1m) was stolen and sent to Tornado Cash

tx1: etherscan.io/tx/0x2aec4fdb2…
tx2: etherscan.io/tx/0x0788ba222…

Juicy APY

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https://x.com

More locks ! LLama always locks CRV

WenLLama

@WenLlama

Positive sum, grassroots defi is alive and well on @CurveFinance

We’re proud to announce that we have directly locked our otc $crv into two of the eco system leaders who embody these ethos, @ConvexFinance and @StakeDAOHQ

More projects acquired $CRV OTC.

Accumulated Finance

@AccumulatedFi

1/
We are pleased to announce Accumulated Finance V2 and our $CRV investment

medium.com

Accumulated Finance V2

Accumulated Finance was launched in March as a liquid staking platform for Accumulate Protocol. We have come a long way since then…

DYOR

Silo Labs

@SiloFinance

Get the most out of your Curve LP tokens with this

simple trick:

1. Deposit Curve LP tokens on Silo
2. Borrow $ETH or $XAI
3. ?
4. Claim your rewards directly from @ConvexFinance

Keep your boosted $CRV and $CVX rewards while borrowing!

app.silo.finance

#SiloTheRisk

crvUSD

Amazing new milestone !

Cryptovestor

@Cryptovestor77

Casually over 100m $crvusd

Leverage easily , but be careful !

Curve Finance

@CurveFinance

crvusd.curve.fi got a leverage button - can get up to 9x. Ape carefully

Deleverage is not yet there, but soon!

More infos

Curve Finance

@CurveFinance

You may ask - what is different when you choose a larger or lower N?
- N=4 gives you max leverage (almost 9x), but if you are below liquidation threshold - can get hardrekt in a couple of days;
- N=50 only gives leverage 3x, but losses below liq price are really low (<10%/year).

Curve Finance

@CurveFinance

crvusd.curve.fi got a leverage button - can get up to 9x. Ape carefully

Deleverage is not yet there, but soon!

Nice graph

Alunara

@0xAlunara

New graph that shows the breakdown of Curve fees since crvUSD launched. For the most part crvUSD has had a small total supply in the range of 50-80m, meaning it's plausible they could one day eclipse swap fees.

curvemonitor.com/#/platform/rev…

Up tto the moon ?

DefiMoon 🦇🔊

@DefiMoon

$crvUSD launched in May but picked up momentum in mid-June.

Since mid-June CurveDAO (veCRV) has earned $2.3m in fees, but ~24% of those fees came from crvUSD interest + pegkeeper profit ($550k)

I'm thinking that % will only go up from here as crvUSD mcap

$CRV #DeFi $CVX

From the community

Good news

Conic Finance

@ConicFinance

Conic v2 Update: All audits have been scheduled. The first one will be with @MixBytes. The second will be with @chain_security.

v2 features will be shared soon.

👀

DeFi Dynamite

@defi_orbit

Here's a list of factors which will drive up the demand & fees for $Crv & $Cvx in the near future:

-Frax V3
-Prisma
-Convergence
-Curvance
-Gearbox Curve V2 Leverage
-Curve's own Lending Market
-Curve deployment on BSC
-Conic Finance V2
-Torus
-Clever
-Archimedes V2

$eth $btc

The counter is now closed

Alunara

@0xAlunara