# What'up on Curve ? #146 By [Cryptouf](https://paragraph.com/@cryptouf) · 2023-08-22 --- 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) * * * Votes ----- F(x) Protocol is looking for some support to add it pools to the gauge controller [![User Avatar](https://storage.googleapis.com/papyrus_images/70e2117c34a490389a5f1a17585dcaa017c37627331c5c9edd2cfa2be9ca3d17.png)](https://twitter.com/protocol_fx) [f(x) Protocol](https://twitter.com/protocol_fx) [@protocol\_fx](https://twitter.com/protocol_fx) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/protocol_fx/status/1694003223412240555) The next step for $fETH and $xETH is on-chain DEX liquidity. Where? Where else??! [@CurveFinance](https://twitter.com/CurveFinance) And you know what that means. Yield farming coming soon! But first we need a gauge. Please support our proposal:[ ![](https://storage.googleapis.com/papyrus_images/86a8e74622c754ffbfac1e0ac81ba4f8284b8d6ca7362bfea7d0ffe28228c018.png) gov.curve.finance Add fETH/crvUSD and xETH/ETH pools to the Gauge Controller ---------------------------------------------------------- Summary: Proposal to add fETH/crvUSD and xETH/ETH factory pool to the Gauge Controller to enable users to assign gauge weight and mint CRV. f(x) Protocol is a DeFi solution that addresses the need... ](https://t.co/OEBl9fyUFc) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 35](https://twitter.com/protocol_fx/status/1694003223412240555)[ 10:06 AM • Aug 22, 2023 ](https://twitter.com/protocol_fx/status/1694003223412240555) Disable Chainlink limits in crvUSD markets ? Quick explanation by the team: « Just to avoid any speculations: nothing wrong with Chainlink. It shows aggregate of all markets for spot prices correctly. But for the algorithm we created, it's better to NOT use spot prices. And we don't, but "safety limits" are taken from chainlink oracle which reports spot » [![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/1692932410814435818) A vote to disable Chainlink limits in crvUSD markets [dao.curve.fi/vote/ownership…](https://t.co/Ec6YPrbCGs). Rationale is explained in the proposal:[ ![](https://storage.googleapis.com/papyrus_images/671edebbec75fe37f1ac4e7f3c5aec1b468551164f45bc5057b56667d4b3f9de.png) gov.curve.finance Disable Chainlink limits for price oracles in crvUSD ---------------------------------------------------- Currently, all price oracles in crvUSD are having +/- 1.5% “safety limits” from Chainlink. It means, if Chainlink price deviates from internal oracle prices (EMA) too much (by 1.5%), it will use the... ](https://t.co/wXO08G32Js) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 122](https://twitter.com/CurveFinance/status/1692932410814435818)[ 11:11 AM • Aug 19, 2023 ](https://twitter.com/CurveFinance/status/1692932410814435818) **Prisma is joining the war** ----------------------------- Prima would like to be whitelisted [![User Avatar](https://storage.googleapis.com/papyrus_images/bce919b48909a060d459e473a6037a7bd84771f566f70dd3402b9985530a5e0d.jpg)](https://twitter.com/PrismaFi) [Prisma Finance](https://twitter.com/PrismaFi) [@PrismaFi](https://twitter.com/PrismaFi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/PrismaFi/status/1691410140082130944) Ahead of our launch, we have completed our audits and have submitted a vote to whitelist Prisma to permanently lock CRV on Curve DAO. veCRV voters (as well as their liquid equivalent) will be rewarded with locked $PRISMA. [gov.curve.fi/t/whitelist-th…](https://t.co/0fecsJlWvY) ![](https://storage.googleapis.com/papyrus_images/e5b600a1bdc4c365a30f2a22e021bfa467007f049fd71be4e7b23fb0e8ccd308.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 221](https://twitter.com/PrismaFi/status/1691410140082130944)[ 6:22 AM • Aug 15, 2023 ](https://twitter.com/PrismaFi/status/1691410140082130944) And it’s done ! If you voted « yes » you should receive a small gift soon [![User Avatar](https://storage.googleapis.com/papyrus_images/bce919b48909a060d459e473a6037a7bd84771f566f70dd3402b9985530a5e0d.jpg)](https://twitter.com/PrismaFi) [Prisma Finance](https://twitter.com/PrismaFi) [@PrismaFi](https://twitter.com/PrismaFi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/PrismaFi/status/1693986740816797862) Thanks to the [@CurveFinance](https://twitter.com/CurveFinance) voters, Prisma has been whitelisted to permanently lock $CRV. Details about the airdrop for voters will be communicated in coming weeks![🌈](https://abs-0.twimg.com/emoji/v2/72x72/1f308.png) ![](https://storage.googleapis.com/papyrus_images/a44fca2ce085ceae1d2ccc8f611f064c4c8a00124b7d4600b79ef054816c8fba.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 93](https://twitter.com/PrismaFi/status/1693986740816797862)[ 9:01 AM • Aug 22, 2023 ](https://twitter.com/PrismaFi/status/1693986740816797862) crvUSD ------ Silo launched Silo Llama, giving [$crvUSD](https://twitter.com/search?q=%24crvUSD&src=cashtag_click) its isolated credit markets. [![User Avatar](https://storage.googleapis.com/papyrus_images/dd6efd47f727f7bd9043ebb07013e10f7c5d31866170a54d4dc2d3c4f74d723d.png)](https://twitter.com/SiloFinance) [Silo Labs](https://twitter.com/SiloFinance) [@SiloFinance](https://twitter.com/SiloFinance) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/SiloFinance/status/1692507199074144371) ![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png) We are excited to launch Silo Llama on Ethereum ![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png) Silo Llama is a fork of our existing protocol where $crvUSD is the universally-accepted collateral across all isolated markets (i.e. the bridge asset.) [app.silo.finance/llama-edition](https://t.co/v54PrRZEYx) Not sure what this means for you? ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) ![](https://storage.googleapis.com/papyrus_images/eb0a2d3cf19daf8482ecdea8378db4a9bd546492c61f01f01482c4e65ef8edbe.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 190](https://twitter.com/SiloFinance/status/1692507199074144371)[ 7:02 AM • Aug 18, 2023 ](https://twitter.com/SiloFinance/status/1692507199074144371) You can learn more here [![User Avatar](https://storage.googleapis.com/papyrus_images/995546348c27ad886a51a3b4b8eb44728d50066ae3da902d31dd4a0ea7734998.jpg)](https://twitter.com/ayham_eth) [Ayham (AJ)](https://twitter.com/ayham_eth) [@ayham\_eth](https://twitter.com/ayham_eth) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/ayham_eth/status/1692811022116032883) We launched Silo Llama yesterday, giving $crvUSD its isolated credit markets. Over $3M TVL in less than 24H. $crvUSD depositors are earning > 135% APR in $CRV isolated market - rewards paid in $CRV. You can borrow up to $400K in $CRV. Why $crvUSD needs money markets ? ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) ![](https://storage.googleapis.com/papyrus_images/b931f181ded7a9657963284f48f1ff291ed9d24908423b0698d13f89b561f15f.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 72](https://twitter.com/ayham_eth/status/1692811022116032883)[ 3:09 AM • Aug 19, 2023 ](https://twitter.com/ayham_eth/status/1692811022116032883) and [![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/1693667518085509435) August 21, 2023: Silo Llama ![🧑‍🌾](https://abs-0.twimg.com/emoji/v2/72x72/1f9d1-200d-1f33e.png)![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png) Silo Labs launches fork with $crvUSD as bridge asset supporting multiple tokens Why we believe this move is particularly brilliant ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)1/9![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) ![](https://storage.googleapis.com/papyrus_images/a70df9768d064ed268614a87af7ddea231f748d8f575880598d1fdb5be72bf68.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 43](https://twitter.com/CurveCap/status/1693667518085509435)[ 11:52 AM • Aug 21, 2023 ](https://twitter.com/CurveCap/status/1693667518085509435) New market soon ? [![User Avatar](https://storage.googleapis.com/papyrus_images/21554748cd7b2afb3f60ab348598044268da3566ecbf40f5a86c54b90aaae78b.jpg)](https://twitter.com/TheTNetwork) [Threshold Network ✜](https://twitter.com/TheTNetwork) [@TheTNetwork](https://twitter.com/TheTNetwork) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/TheTNetwork/status/1692996810032222436) Y’all better start minting tBTC to fill that 50M crvUSD cap ![👀](https://abs-0.twimg.com/emoji/v2/72x72/1f440.png) [dao.curve.fi/vote/ownership…](https://t.co/7laPKOHJZQ) ![](https://storage.googleapis.com/papyrus_images/5502a7c8efa2b186f45d71df54ef1455cd17c61851c7301a2c7f46e6dd474336.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 60](https://twitter.com/TheTNetwork/status/1692996810032222436)[ 3:27 PM • Aug 19, 2023 ](https://twitter.com/TheTNetwork/status/1692996810032222436) sfrxETH could also arrive soon. Vote [here](https://dao.curve.fi/vote/ownership/403) ![](https://storage.googleapis.com/papyrus_images/62855592f779462698f285cc96106e7ed71860a6a057917ddd10c90efea8521c.png) Are we waiting for a bull market ? [![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/1692455060309995524) Unlike brrr-based economies, debt-based economies seem to do everything upside down. When there is an "economic downturn" or market crash - borrow rates go really low. Anyone into borrowing around 0%? ![](https://storage.googleapis.com/papyrus_images/d03211c0a3c827b4457237d1a3661126e410ccd7740adcddd90a54c6e51e8198.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 149](https://twitter.com/CurveFinance/status/1692455060309995524)[ 3:35 AM • Aug 18, 2023 ](https://twitter.com/CurveFinance/status/1692455060309995524) Exactly what we are looking for [![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/1692806383031185859) Meanwhile crvusd is growing pretty well while being stable ![](https://storage.googleapis.com/papyrus_images/584ce78c16d6d3c52f9911775e79a932d9cc058e8f17a273ba0b2aad1d63390b.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 137](https://twitter.com/CurveFinance/status/1692806383031185859)[ 2:51 AM • Aug 19, 2023 ](https://twitter.com/CurveFinance/status/1692806383031185859) Flippening soon [![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/1693584673056923696) Will we see the $crvUSD : $UST flippening on DefiLlama this week? ![](https://storage.googleapis.com/papyrus_images/9b4764dc18d4a7ba088e8cb7c8102f0338cc8418afe89d2306c5ea5aba537256.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 21](https://twitter.com/CurveCap/status/1693584673056923696)[ 6:23 AM • Aug 21, 2023 ](https://twitter.com/CurveCap/status/1693584673056923696) Improving almost every week [![User Avatar](https://storage.googleapis.com/papyrus_images/e55a88f0422443374757f5951a522eeba5d6a89659a96fc254406e88a99ad782.jpg)](https://twitter.com/0xAlunara) [Alunara](https://twitter.com/0xAlunara) [@0xAlunara](https://twitter.com/0xAlunara) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xAlunara/status/1693678762657776094) Added input for plotting the average interest rate of crvUSD markets. As you can see, avg wsteth interest rate hovers around 5%, which at 4% staking APR means people effectively pay 1% to borrow wstETH with soft liq. [curvemonitor.com/#/platform/crv…](https://t.co/yoohpPfUBW) ![](https://storage.googleapis.com/papyrus_images/6afbf4bef973d9d064ab6445b6c6b02ec5c9a1871e2c4567a2adf3cea50da3aa.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 41](https://twitter.com/0xAlunara/status/1693678762657776094)[ 12:37 PM • Aug 21, 2023 ](https://twitter.com/0xAlunara/status/1693678762657776094) 💪🏻 [![User Avatar](https://storage.googleapis.com/papyrus_images/bcd0bd4790140acb36331499d68b02a4441ca80c43dcc799d8f9bcfdfd4a1420.png)](https://twitter.com/DefiMoon) [DefiMoon 🦇🔊](https://twitter.com/DefiMoon) [@DefiMoon](https://twitter.com/DefiMoon) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/DefiMoon/status/1693774990418542660) $crvUSD +12.16%+36.58%+15.48% Everything else is either flat or in decline If crvUSD can pull off growth like that in bear market, what will the % look like in a bull market? ![😯](https://abs-0.twimg.com/emoji/v2/72x72/1f62f.png) Gᵐ ![](https://storage.googleapis.com/papyrus_images/50226b9fc0d5d0f75e1cb407655f0674c921bef3c07cbf95af14abca02e6e53d.jpg) [![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/1693589258823434668) Gᵐ ![](https://storage.googleapis.com/papyrus_images/42f19f1a85e084113ed566667e3e6eb4fd664352f2da97a519a04a1b72f5d35a.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 47](https://twitter.com/DefiMoon/status/1693774990418542660)[ 7:00 PM • Aug 21, 2023 ](https://twitter.com/DefiMoon/status/1693774990418542660) CRV and Curve elsewhere ----------------------- Threshold network is still buying OTC [![User Avatar](https://storage.googleapis.com/papyrus_images/e48eccd666c1e2f5139bdc60e1a54484fb859e7414795857910bd20ba762afae.jpg)](https://twitter.com/etheraltog) [alto](https://twitter.com/etheraltog) [@etheraltog](https://twitter.com/etheraltog) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/etheraltog/status/1693961900713824425) looks like 1.25m crv was just otc'd for $500k worth of tbtc, the price is still 40c?? ![](https://storage.googleapis.com/papyrus_images/65cf56afbe66d477a3f13b6c06e89fa751e95ba2a5e3040fffa1829b22b29692.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 19](https://twitter.com/etheraltog/status/1693961900713824425)[ 7:22 AM • Aug 22, 2023 ](https://twitter.com/etheraltog/status/1693961900713824425) FYI [![User Avatar](https://storage.googleapis.com/papyrus_images/e48eccd666c1e2f5139bdc60e1a54484fb859e7414795857910bd20ba762afae.jpg)](https://twitter.com/etheraltog) [alto](https://twitter.com/etheraltog) [@etheraltog](https://twitter.com/etheraltog) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/etheraltog/status/1693961900713824425) looks like 1.25m crv was just otc'd for $500k worth of tbtc, the price is still 40c?? ![](https://storage.googleapis.com/papyrus_images/65cf56afbe66d477a3f13b6c06e89fa751e95ba2a5e3040fffa1829b22b29692.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 19](https://twitter.com/etheraltog/status/1693961900713824425)[ 7:22 AM • Aug 22, 2023 ](https://twitter.com/etheraltog/status/1693961900713824425) Soon [![User Avatar](https://storage.googleapis.com/papyrus_images/50589741d7b095b644411ef4b566db603c8e84133b84321f9047b135ac788576.jpg)](https://twitter.com/GearboxProtocol) [Gearbox ⚙️🧰 Protocol](https://twitter.com/GearboxProtocol) [@GearboxProtocol](https://twitter.com/GearboxProtocol) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/GearboxProtocol/status/1693991258245697848) With the risk params updated, up next we’ll have the deployment of leveraged [@CurveFinance](https://twitter.com/CurveFinance) V2 pools, audited by [@chain\_security](https://twitter.com/chain_security). But how can you confirm if it’s the audited code being deployed? GRF brings the “Verify, don’t trust” in 3 simple steps ![🫡](https://abs-0.twimg.com/emoji/v2/72x72/1fae1.png)![🛡️](https://abs-0.twimg.com/emoji/v2/72x72/1f6e1.png) ![](https://storage.googleapis.com/papyrus_images/8815e2593f6ba09e17fd99105997202984b3a30d4b9ebf804247fd7fdded0890.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 28](https://twitter.com/GearboxProtocol/status/1693991258245697848)[ 9:19 AM • Aug 22, 2023 ](https://twitter.com/GearboxProtocol/status/1693991258245697848) From the community ------------------ Security first [![User Avatar](https://storage.googleapis.com/papyrus_images/13fc2a9d8ebb2da27e722f004d93b0435a8315761aa49d0302eace755cd6892c.jpg)](https://twitter.com/LlamaRisk) [LlamaRisk](https://twitter.com/LlamaRisk) [@LlamaRisk](https://twitter.com/LlamaRisk) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/LlamaRisk/status/1693058687118750031) This week we looked into custodial stablecoin $TUSD from [@tusdio](https://twitter.com/tusdio), with a particular focus on its role as a $crvUSD Pegkeeper asset. Read the full report here and highlights below ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) [cryptorisks.substack.com/p/asset-risk-a…](https://t.co/NMKOyfBKvc) 1/8 ![](https://storage.googleapis.com/papyrus_images/c45a101013a833aef0976da79fe67edce470ae328d309ba8b8c0e1d7739af1f3.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 22](https://twitter.com/LlamaRisk/status/1693058687118750031)[ 7:33 PM • Aug 19, 2023 ](https://twitter.com/LlamaRisk/status/1693058687118750031) Did you buy anon ? [![User Avatar](https://storage.googleapis.com/papyrus_images/e55a88f0422443374757f5951a522eeba5d6a89659a96fc254406e88a99ad782.jpg)](https://twitter.com/0xAlunara) [Alunara](https://twitter.com/0xAlunara) [@0xAlunara](https://twitter.com/0xAlunara) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xAlunara/status/1693957602806313400) People finally able to buy near OTC price but without lockup and they still not happy, what gives? [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 19](https://twitter.com/0xAlunara/status/1693957602806313400)[ 7:05 AM • Aug 22, 2023 ](https://twitter.com/0xAlunara/status/1693957602806313400) Long time since the last TA --- *Originally published on [Cryptouf](https://paragraph.com/@cryptouf/what-up-on-curve-146)*