# What'up on Curve ? #185

By [Cryptouf](https://paragraph.com/@cryptouf) · 2024-06-19

---

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Sad story
---------

When I was not here, a very sad event happened. Unfortunately I was not able to cover it in this newsletter. But you can have a very nice summary with this thread

[![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/1801252748454920525)

June 13, 2024 Death Spiral ![☠️](https://abs-0.twimg.com/emoji/v2/72x72/2620.png)![🌀](https://abs-0.twimg.com/emoji/v2/72x72/1f300.png)  
Did the dreaded $CRV liquidation event live up to the hype?  
  
![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)1/

![](https://storage.googleapis.com/papyrus_images/0b72f447b1d125737a7286eaa21ef997b5158d5de23b365d4fc8fd46baaa0d16.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 345](https://twitter.com/CurveCap/status/1801252748454920525)[

8:58 AM • Jun 13, 2024

](https://twitter.com/CurveCap/status/1801252748454920525)

**Vote**
--------

crvUSD Soon !

**Pools**
---------

New pool

**Curve and $CRV elsewhere**
----------------------------

Thank you

[![User Avatar](https://storage.googleapis.com/papyrus_images/5e2c216649a143637e1a5639bcbc36a86fdbff49d418d5b0a0ca6c222eb513ea.jpg)](https://twitter.com/newmichwill)

[Michael Egorov](https://twitter.com/newmichwill)

[@newmichwill](https://twitter.com/newmichwill)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/newmichwill/status/1801415898277822900)

In case anyone is wondering, I am committed to building Curve more than ever, thanks to game-theoretical implications of veTokenomics (mostly have veCRV now). Following are the focuses:  
  
\- Apply observations to make sure that lending/borrowing products are the safest in industry

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 604](https://twitter.com/newmichwill/status/1801415898277822900)[

7:46 PM • Jun 13, 2024

](https://twitter.com/newmichwill/status/1801415898277822900)

All builders should be like this guy

[![User Avatar](https://storage.googleapis.com/papyrus_images/b1cdf411d338c55e7001b644a9cd85ef9943b027fc2168d89dc752d914ea9c38.jpg)](https://twitter.com/0xcrv_hub)

[CRVHub](https://twitter.com/0xcrv_hub)

[@0xcrv\_hub](https://twitter.com/0xcrv_hub)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xcrv_hub/status/1801608016447394087)

Thanks [@newmichwill](https://twitter.com/newmichwill) ![🔥](https://abs-0.twimg.com/emoji/v2/72x72/1f525.png)  
  
$CRV

![](https://storage.googleapis.com/papyrus_images/f8c822beb8f09bf1eb2f833f69b36f5ec9a4b8edb032644e6b32f4310dc4eabc.png)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 106](https://twitter.com/0xcrv_hub/status/1801608016447394087)[

8:29 AM • Jun 14, 2024

](https://twitter.com/0xcrv_hub/status/1801608016447394087)

Cool

[![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/1801994102000832912)

Hearing that [@zksync](https://twitter.com/zksync) support is around the corner, subject to [@etherscan](https://twitter.com/etherscan) and [@vyperlang](https://twitter.com/vyperlang) finishing few preparations.  
  
P.S. That does not imply an endorsement of any tokens  
\---  
end of message

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 289](https://twitter.com/CurveFinance/status/1801994102000832912)[

10:04 AM • Jun 15, 2024

](https://twitter.com/CurveFinance/status/1801994102000832912)

Solid

[![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/1803443909424550169)

Solid fees this week

![](https://storage.googleapis.com/papyrus_images/dbbbe3aee43be0f1446b24d71552464e98d040c54fc352dd148a7e7e79d50183.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 137](https://twitter.com/CurveFinance/status/1803443909424550169)[

10:05 AM • Jun 19, 2024

](https://twitter.com/CurveFinance/status/1803443909424550169)

To know more about yCRV by Yearn

[![User Avatar](https://storage.googleapis.com/papyrus_images/bc6684a59aabe93db86201dc925dc9fa14af0e3254df9b6eadb4bb45b66106dc.jpg)](https://twitter.com/MarcoWorms)

[Worms](https://twitter.com/MarcoWorms)

[@MarcoWorms](https://twitter.com/MarcoWorms)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MarcoWorms/status/1802409829157183529)

new yCRV and Yearn Boosted Staker docs are live!  
  
![🔋](https://abs-0.twimg.com/emoji/v2/72x72/1f50b.png) YBS Overview:  
[docs.yearn.fi/getting-starte…](https://t.co/XVIpiS1fl2)  
  
![🌎](https://abs-0.twimg.com/emoji/v2/72x72/1f30e.png) yCRV Overview:  
[docs.yearn.fi/getting-starte…](https://t.co/QmzL0QhwnE)  
  
![🗺️](https://abs-0.twimg.com/emoji/v2/72x72/1f5fa.png) yCRV UI Guide:  
[docs.yearn.fi/getting-starte…](https://t.co/X4gKEkCcfT)  
  
![🗣️](https://abs-0.twimg.com/emoji/v2/72x72/1f5e3.png) yCRV FAQ:  
[docs.yearn.fi/getting-starte…](https://t.co/dBfMgWtcCn)  
  
great work by [@galloway\_the](https://twitter.com/galloway_the) shipping these pages!!

[![User Avatar](https://storage.googleapis.com/papyrus_images/bc6684a59aabe93db86201dc925dc9fa14af0e3254df9b6eadb4bb45b66106dc.jpg)](https://twitter.com/MarcoWorms)

[Worms](https://twitter.com/MarcoWorms)

[@MarcoWorms](https://twitter.com/MarcoWorms)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MarcoWorms/status/1800013852366504061)

new yCRV and yPRISMA use a new contract called "yearn boosted staker", it's an interesting concept any project can reuse: it incentivizes staking for the "long term"  
  
your deposit starts earning yield after 1 week and it takes a month to max boost  
  
code: [github.com/yearn/yearn-bo…](https://t.co/Sd82gL4xHe)

![](https://storage.googleapis.com/papyrus_images/da1f4035c62676b107c8d3a4235464468f915a79a567f1e32e10f63d06b2bad8.png)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 10](https://twitter.com/MarcoWorms/status/1802409829157183529)[

1:36 PM • Jun 16, 2024

](https://twitter.com/MarcoWorms/status/1802409829157183529)

And some history

[![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/1802491395774816700)

History of $CRV wrappers, Part 1  
by [@dudesahn](https://twitter.com/dudesahn)

![](https://storage.googleapis.com/papyrus_images/876320525ef4fcf53a0169e2543107bc89e41f26617467b27add0783fabcc8aa.png)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 70](https://twitter.com/CurveCap/status/1802491395774816700)[

7:00 PM • Jun 16, 2024

](https://twitter.com/CurveCap/status/1802491395774816700)

Silo Finance stayed strong

[![User Avatar](https://storage.googleapis.com/papyrus_images/77afc422bba8cae97fcf961262102f93b2fb071e2abfcfbf874aee9e83814150.jpg)](https://twitter.com/phtevenstrong)

[Stephen | DeFi Dojo](https://twitter.com/phtevenstrong)

[@phtevenstrong](https://twitter.com/phtevenstrong)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/phtevenstrong/status/1801696495751533028)

Despite [@SiloFinance](https://twitter.com/SiloFinance) being directly in the line of fire by Mich's liquidations, it performed perfectly.  
  
Not only did Silo have "siloed" risk (meaning only the specific asset pool could ever be affected by potential bad debt), BUT ALSO it didn't incur a single dollar of bad debt.

![](https://storage.googleapis.com/papyrus_images/75af2df01fc374d7c47423ecbd780769ba3cc876f056355f9fdac5a5ce33e614.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 140](https://twitter.com/phtevenstrong/status/1801696495751533028)[

2:21 PM • Jun 14, 2024

](https://twitter.com/phtevenstrong/status/1801696495751533028)

Dump but more CRV locked

[![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/1802533905804693725)

Inflows into veCRV are already 6x the inflation of this week. These include direct locks, as well as locks via [@ConvexFinance](https://twitter.com/ConvexFinance), [@StakeDAOHQ](https://twitter.com/StakeDAOHQ) and [@yearnfi](https://twitter.com/yearnfi).  
  
This is the highest weekly inflow into CRV locking in years!

![](https://storage.googleapis.com/papyrus_images/450e62e6f7d9b2de46970b562e96160da1bc0a2147142bdb7b5acbf837ec0fc4.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 234](https://twitter.com/CurveFinance/status/1802533905804693725)[

9:49 PM • Jun 16, 2024

](https://twitter.com/CurveFinance/status/1802533905804693725)

Did you remember ?

[![User Avatar](https://storage.googleapis.com/papyrus_images/da40b2eb5ee606c6bf75ee9b600e3f1271b3ff89b31e305693fc0c0880324b15.jpg)](https://twitter.com/Danoncrypto)

[Dan🦙💨](https://twitter.com/Danoncrypto)

[@Danoncrypto](https://twitter.com/Danoncrypto)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Danoncrypto/status/1802028528244068757)

After Aug of 2024, the inflation rate of $CRV will fall dramatically from 20.37% to 6.34%.  
  
\- No more loans & bad debt [@newmichwill](https://twitter.com/newmichwill)  
\- Generates real revenue for holders  
\- Largest forex market in the foreseeable future  
  
![👀](https://abs-0.twimg.com/emoji/v2/72x72/1f440.png) $2 $CRV = no-brainer investment  
Bottom is over, UP only.

![](https://storage.googleapis.com/papyrus_images/cb39ba8c1ba3922eb3111e273f213369f668736a73b55552249c662849a17e1d.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 156](https://twitter.com/Danoncrypto/status/1802028528244068757)[

12:20 PM • Jun 15, 2024

](https://twitter.com/Danoncrypto/status/1802028528244068757)

**From the community**
----------------------

Ready to long CRV ?

[![User Avatar](https://storage.googleapis.com/papyrus_images/de39a06c6563a017bac07d119dfb5789d4e6e40ed91c5655b96d693b75f01020.png)](https://twitter.com/llamalend)

[Curve Llama Lend](https://twitter.com/llamalend)

[@llamalend](https://twitter.com/llamalend)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/llamalend/status/1803183054481137960)

1) What?  
  
$CRV x6

![](https://storage.googleapis.com/papyrus_images/4ee96ee72655a8402f6facb7e6b4cb767a8135f0d17b8aca7bffc2f71ef0e340.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 47](https://twitter.com/llamalend/status/1803183054481137960)[

4:48 PM • Jun 18, 2024

](https://twitter.com/llamalend/status/1803183054481137960)

Be careful and check this

[![User Avatar](https://storage.googleapis.com/papyrus_images/5e2c216649a143637e1a5639bcbc36a86fdbff49d418d5b0a0ca6c222eb513ea.jpg)](https://twitter.com/newmichwill)

[Michael Egorov](https://twitter.com/newmichwill)

[@newmichwill](https://twitter.com/newmichwill)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/newmichwill/status/1802714258217500977)

Please check this [@DefiLlama](https://twitter.com/DefiLlama) extension to block fake michwills (and not only)

[![User Avatar](https://storage.googleapis.com/papyrus_images/19351b28f40fccac35d2b2d2301f563592bcd215c72cad97bdf5485d76612c63.jpg)](https://twitter.com/0xngmi)

[0xngmi is hiring](https://twitter.com/0xngmi)

[@0xngmi](https://twitter.com/0xngmi)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xngmi/status/1802693445628092914)

built an extension just to handle that

![](https://storage.googleapis.com/papyrus_images/924b5f043bcb0177af8d39756bbfd29adb12ca63dc6ccb10ecf17ddd27a96335.png)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 90](https://twitter.com/newmichwill/status/1802714258217500977)[

9:45 AM • Jun 17, 2024

](https://twitter.com/newmichwill/status/1802714258217500977)

You can also subscribe to this Newsletter for true infos !

[![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/1802525077831025020)

Remember when looking for DeFi info to only follow sources like [@leviathan\_news](https://twitter.com/leviathan_news) that are very far down the crypto rabbit hole

[![User Avatar](https://storage.googleapis.com/papyrus_images/ce92bb04d98b269ab9b9893091801488ced9845e524222b7972200bf4a510c47.jpg)](https://twitter.com/saint_rat)

[Saint Rat](https://twitter.com/saint_rat)

[@saint\_rat](https://twitter.com/saint_rat)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/saint_rat/status/1802523439984758811)

It seems crypto "journalists" can't even spot scam links/impersonator accounts on X  
  
The following tweet got at least 4 crypto news sites to post stories about the 10% CRV token burn (linked below)  
  
Mich reached out to [@Cointelegraph](https://twitter.com/Cointelegraph) to clarify and they called him the "Curve CEO"

![](https://storage.googleapis.com/papyrus_images/ba82bf331ddfb1fcb49dc7913b6c0f5a2e5c66e30ff9bafa2bb02bdaf82a3cbf.png)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 54](https://twitter.com/CurveCap/status/1802525077831025020)[

9:14 PM • Jun 16, 2024

](https://twitter.com/CurveCap/status/1802525077831025020)

Interesting thread

[![User Avatar](https://storage.googleapis.com/papyrus_images/7aa8310b45137ae33cbb55e34137b6b5455b24a999e6e08cf153a36d11d3c5a4.jpg)](https://twitter.com/0xRetardio)

[Retarded Trader 📈📊](https://twitter.com/0xRetardio)

[@0xRetardio](https://twitter.com/0xRetardio)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xRetardio/status/1801623256408981630)

Curve founder, Michael Egorov was liquidated for $140 Million in $CRV  
  
Rumours say he indirectly dumped his bag by taking a massive loan position and never paid back while profiting $100M.  
  
Let's discuss the Liquidation Event and impact on Curve. ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)![⏬](https://abs-0.twimg.com/emoji/v2/72x72/23ec.png)

![](https://storage.googleapis.com/papyrus_images/675ce775866143ea8f749688cc4bfcc8052332c174c9701871bf91eaa8654ff4.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 360](https://twitter.com/0xRetardio/status/1801623256408981630)[

9:30 AM • Jun 14, 2024

](https://twitter.com/0xRetardio/status/1801623256408981630)

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*Originally published on [Cryptouf](https://paragraph.com/@cryptouf/what-up-on-curve-185-2)*