Curve Finance (@curve) • Hey
Creating deep on-chain liquidity using advanced bonding curves since 2020
https://t.me/curvefi
Publications
- Borrow rates for crvUSD decrease as demand for farming starts growing fast. It could be that farmers figured out that crvUSD is actually very stable. Stability matters!
Reduced borrow rate, in turn, heats up the demand for borrowing
- Some pictures
- Not much but honest work
- Tried to draw a comparison between crvUSD, USDC and USDT prices. Pretty tricky when there is no "USD" on-chain, but here's what it shows
- Does stability improve as crvUSD supply increases?
- Couch time! When MIM switched from AnySwap to LayerZero, https://etherscan.io/address/ecb.curve.eth got some fees anyMIM. They need to be properly converted, hence the vote
https://dao.curve.fi/vote/ownership/371
- What happens when crypto goes down? That's right, crvUSD borrow rates decrease
- Looks stable?
- Meanwhile on Twitter
- Someone deposits +20M liquidity into tricryptoUSDT (new optimized) pool, increasing its liquidity by 50% right away.
You can see this and other cool stuff at https://t.me/curve_monitor_backup
- Is Lens good for posting alpha?
- Simple but beautiful dashboard. Has a Chad mode, too!
https://curvemonitor.com/#/platform/crvusd
- Graph of borrow rate for wstETH market. Looks not obvious at all, but helps to keep crvUSD on peg apparently
- crvUSD price and supply over time
- Gm