Reddit Posts
Bitcoin Price Update | Solana, Ethereum, FTX Token, CRV, MATIC
Understanding Curve's new stablecoin, LLAMMA
A detailed explanation of what happened with CRV and AAVE.
CryptoNews on Binance Feed: Decentralized exchange Curve’s CRV falls as its supply moves to centralized exchanges
Curve's CRV Token Under Short Selling Attack, Volatility Surges
A different way to stake CRV without locking it for 4 years + get a crap ton of goodies passively
How to make money on Curve DeFi voting and staking
Where Do DeFi Yields Actually Come From? Here is a Guide on How to Evaluate Whether They Are Sustainable and How to Filter Out Tokens with Ponzinomics
One year ago, I gave my kids $100 each and asked them to pick three cryptos in a 40:30:30 ratio to track. I will give them all the profits their investment has earned when they turn 18. This is what they chose (and how its going).
Curve Coin Price Prediction: CRV Aims For A 57% Increase!
New margin pairs for AXS, CRV, GRT and NANO accessible now
MIM (aka Magic Internet Money) is the latest stablecoin to blow up. Peg has dropped to as low as 92c and treasury is insolvent. It has a mcap of $220M. The team are buying CRV - a volatile ponzi play. Daniele Sesta says its FUD, while other dev Tetranode has posted a goodbye...
What is a CRV, How it works & How to exchange CRV?
Cashed Out My First Big Bag!!! Thank you reddit for all the information, here is my little experience advice after a few years in the crypto market.
Everyone Here is Seriously Missing Out on The Wonderful World of DeFi and Web3
The Curve Wars are over. What happens now?
Battle between decentralised stablecoins just got real! Earlier, Founder of DAI called UST (Terra) a 'solid ponzi". In return, UST has come up with a plan to crush DAI and has teamed up with Frax
Anyone have a 3CRV DeFi for Dummies guide?
APE graph is going to look a lot like ICP did after it’s launch in the coming weeks
Bull-run, crab market, bear market, call it whatever you want, DCA and HODLing are still the most efficient methods any cryptocurrency ‘investor’ can be using, especiallt if investing in DeFi tokens.
We might be at the beginning of a bullrun. Y’all already loaded up the bags or not yet?
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
The times when investors are panic selling is the time you should be learning different ways to adapt in a volatile market.
People who know how to control their fomo and panic emotions are the best of all investors.
A brief overview of Arbitrum, a Layer 2 scaling solution built on Ethereum
Curve DAO Token (CRV) Bounces at Crucial Horizontal Level – Biggest Weekly Gainers
Monetary value is important but being part of the future has more layers to it, and governance is a vital one
The bear market is the ripest market for the picking
TOP DeFi ALTCOINS - Curve DAO Token CRV - BUY BEFOR IT'S TOO LATE - Curve News & Price Prediction
A couple years ago we used to see 100x pumps every week. Now we freak out when we see a coin do a 20% pump
You all are still sleeping on BIFI
No amount of profit is worth a goodnight deep sleep.
Best low-risk strategies to earn a yield using each major Defi network: Benefits and Downsides
Top 5 Up n Coming/Hibernating Cryptocurrency Challenge?
Kim Kardashian and Floyd Mayweather being sued for crypto pump and dump scam is another reason we need to hinder big names from taking over the platform.
Steady consistent profits will always taste better than non secure ones
When it comes to yield farming, which ecosystem is currently the best? Or ones that have potential?
I cannot imagine the sheer panic if BTC dips below 2019 levels…
HODL and DCA has been the most tired and tested way to make profits in this market
Following Smart Money with Crypto Whale Wallets
Any promising new coins out there?
I’m greedy when the rest are fearful.
Polygon (MATIC), Curve (CRV) and Two Additional Altcoins Primed for 10X Gains This Year, According to Analyst Jason Pizzino
CRV Extends Rally as ‘Curve Wars’ Intensify
Six months ago, I gave my kids $100 each and asked them to pick three cryptos in a 40:30:30 ratio to track. I will give them all the profits their investment has earned when they turn 18. This is what they chose (and how its going).
Just cause a coin pumped hard doesnt mean it will keep pumping.
Understanding Stablecoins Farming and Vote Bribing
How Yield Farming on Curve Finance Is Quietly Conquering DeFi
Noob questions: How does it work with wallets in DeFi?
Curve Convex Wars 2022: Convex Finance (CVX), Curve DAO Token (CRV)
Anyone can make profits when the market is bullish. But maintaining these profits in a bear market is what sets traders apart
Humans by nature resist change. Don’t expect people to leave banks and start using DeFi overnight.
Humans by nature resist change. Don’t expect people to leave banks and start using DeFi overnight.
Humans by nature resist change. Don’t expect people to leave banks and start using DeFi overnight.
TopShelf Finance - Mint Fully Decentralized Assets on Avalanche🔺, BSC🔶, and Fantom🟦. Interest Free Leveraged Positions up to 100x and Innovative Yield Farms, don’t miss out on TopShelf Finance - Decentralized Borrowing Protocol.
Abracadabra Money (Spell) Fork from the creators of Geist
Can anyone explain the constant weird buy and sell walls on CRV?
Celsius may have lost 900 BTC ($50 million) to the Badger DAO hack
Curving Upwards? Why is CRV outperforming other DeFi tokens?
Curve DAO Token (CRV) being sold to buy Convex Finance (CVX)?
Mentions
tldr; decentralized lending protocol AAVE has temporarily disabled its lending markets for several Ethereum-based tokens facing excess volatility and low liquidity. Aave passed a near-unanimous governance vote to disable the markets, with only two votes against, and over 500,000 in favor. Earlier this month, Aave faced a $60 million short attack on its CRV pool using USDC as collateral. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
This all stems from a particular whale attempting to crack Aave's code by setting a multi-millionaire sum up to short CRV, which is a highly illiquid token since most of the supply is staked on Curve in a vote escrowed version for governance rights. After the fact, the position got liquidated seamlessly and left the Aave protocol with bad debt (Uncollateralized debt) amounting to $1.4 million, a tiny sum it can cover up with just around 5 days of accrued interest, ultimately proving Aave's code is top notch and able to handle extreme liquidations.
tldr; Decentralized liquidity protocol Aave has temporarily suspended lending markets for 17 tokens to fend off volatility risks that could lead to further attempts at market manipulation. The assets included in the list are Yearn Finance (YFI), Curve Finance (CRV), 0x (ZRX), Decentraland (MANA), 1inch (1INCH), Enjin (ENJ), Ampleforth (AMPL), REN *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
> Stake your stETH/LDO on 1inch and earn 21.1% in APY + trading fees. Deposit your stETH/LDO pool tokens to earn an extra 164% in APY from farming + 68.98% in LDO, while still earning your stETH staking reward > > > >The st. Ether-ETH pool developed by arbingsam lets you earn the 2.52% stETH Curve staking reward, 33.45% LDO yield + ≈2.78% CRV yield, auto-selling your LDO and CRV rewards for ETH & stETH and restaking these > >Using SushiSwap Onsen, you can earn an annual 21.65% yield in SUSHI through staking LDO in the LDO/ETH pool.
You are a curious mind, aren't you? >Stake your stETH/LDO on 1inch and earn 21.1% in APY + trading fees. Deposit your stETH/LDO pool tokens to earn an extra 164% in APY from farming + 68.98% in LDO, while still earning your stETH staking reward ​ >The st. Ether-ETH pool developed by arbingsam lets you earn the 2.52% stETH Curve staking reward, 33.45% LDO yield + ≈2.78% CRV yield, auto-selling your LDO and CRV rewards for ETH & stETH and restaking these Using u/SushiSwap Onsen, you can earn an annual 21.65% yield in SUSHI through staking LDO in the LDO/ETH pool.
tldr; Crypto whales are abruptly moving hundreds of millions of dollars worth of XRP, Binance Coin (BNB), Polygon (MATIC), and Curve (CRV) from unknown crypto wallets and crypto exchange platforms. XRP is changing hands for $0.40 at time of writing, a 2.3% increase on the day. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Thanks for being curious! Other info: Eisenberg borrowed a ton of CRV and sold it for USDC in the hopes to buy CRV back for cheap (which is what short-selling is). But it backfired, as CRV rallied right after and forced his collateral to be liquidated.
tldr; CRV has experienced a 75% swing after self-described “applied game theorist” Avraham Eisenberg launched a plan to short the token that appears to have backfired. Eisenberg borrowed 88 million CRV tokens from lending protocol Aave and sold them onto the market early over the past week. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The strategy was never possible. I wrote a post about it in detail. No way he would have liquidate Mitch. The only thing that could have gone in his favour would be time, as most of CRV was illiquid in Binance, and it would take some time to make it liquid. I don't know what he was betting on.
>He ended up with $63M USDC lost and received 92m CRV tokens, worth $57M at today's price. So net losses were in the area of $6M only or am I missing something?
OH so that's why I made $10K in a day on CRV lmao
The ability to liquidate was impaired by the majority of CRV trading happening on Binance, and the delay in moving CRV from Binance to AAVE. If the majority of liquidity was on chain, AAVE may have handled it better. An improvement needs to be made to take on chain liquidity into account to limit outsized loans, although this is difficult.
i understood that something happened with CRV and AAVE but i didn't get the rest bru
Always thought CRV was cool specifically cause I really just like the logo lol
CRV was absolutely popping off yesterday.
tldr; A notorious market manipulator, responsible for last month’s attack on Mango Markets, attempted to crash the price of DeFi exchange Curve's CRV token. The strategy involved building up a hefty short position on Aave, borrowing 92 million CRV against 57 million USDC collateral over the last few days. However, CRV's main use is to be locked in exchange for governance rights on Curve. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
>The strategy involved building up a hefty short position on Aave, borrowing a total of 92 million CRV against 57 million USDC collateral over the last few days. Then 20 million CRV was transferred to OKEx exchange and it was presumably dumped — shortly after, the price began a rapid descent. Get rekt, scum
It was one of my 1st ever picks when I got into crypto 2020. Great use case, and very much a shovel. Curve CRV was a pair to that pick (I like grouping competitors together). I think DEX related stuff will be prime this next cycle.
There’s a lot of manipulation going on right now because liquidity is at a super low. CHZ, CRV, SNM, LTC, NANO …
Eisenberg, the trader behind October’s Mango Market hack, recently borrowed 40 million curve (CRV) tokens from decentralized lending platform Aave. The drastic move is part of an apparent scheme to sell off the tokens, plummet CRV’s value as a result, and make away with millions in short positions on the token—leaving Aave saddled with a massive quantity of bad debt.
tldr; Avraham Eisenberg, the trader behind October’s Mango Market hack, appears to have lost millions on a similar exploit attempt that backfired early Tuesday. Eisenberg borrowed 40 million CRV tokens from decentralized lending platform Aave. Aave emerged from the incident relatively unscathed. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
> Essentially, what OP has figured out is how to use aave to short ETH…which is kind of funny At first I thought I was missing something. But this is indeed funny. I do know there’s some things going on with CRV but again, OPs defenses are borderline comedy like you said so I feel much better that my research didn’t do my wrong 😂
Yes, full traceability on the blockchain and decentralised meaning this is nothing to do with ftx centralised dogshit contagion. CRV bouncing back. Up 29% on the day already
brb going 100x leverage long on CRV
[Debunking the AAVE fud](https://twitter.com/the3d_/status/1595122276055539718?s=46&t=l4-CsyK2dpYHoVzPhjMYXw) I saw a few twitter posts being shared earlier fudding AAVE and predicting huge bad debt from CRV (@napgener specifically), they’d failed to account for dynamic orders so in the end the total bad debt was only $1.3m (fish money) and the protocol will be strengthened
It wasnt really a malicious short attack. The guy who did it borrowed CRV against USDC knowing that insiders had their liq price around 0.3, knew they would defend that price like crazy so dumped hard to get it close enough to cause a panic and then went long to cover. Really a smart move for some quick $
tldr; Crypto exchange Curve Finance (CRV) appears to have suffered a major short-seller attack. An address associated with Mango Markets exploiter Avraham Eisenberg borrowed $14.85 million in CRV through two transactions and transferred them to OKEx for selling. However, the trades "may simply be bait," with Aave being the primary target instead. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
>It appears that shorting of CRV tokens was a distraction shot to exploit a sophisticated loophole on DeFi platform Aave. > >As described by analysts at Lookonchain on Nov. 22, tokens of decentralized exchange Curve Finance (CRV) appear to have suffered a major short-seller attack. According to Lookonchain, ponzishorter.eth, an address associated with Mango Markets exploiter Avraham Eisenberg, first swapped 40 million USD Coin (USDC) on Nov. 13 into decentralized finance protocol Aave to borrow CRV for selling. > >The act allegedly sent the price of CRV falling from $0.625 to $0.464 during the week. Fast forward to today, blockchain data shows that ponzishorter.eth borrowed a further 30 million CRV ($14.85 million) through two transactions and transferred them to OKEx for selling. The team at Lookonchain hypothesized that the trade was conducted to drive down the token price "so many people who used CRV as collateral will face liquidation."
Twitter, but AAVE is fine. Just a few people on Twitter trying to manipulate a squeeze for their longs based on on chain CRV activity. Bad debt wouldn’t be anywhere near enough to take AAVE down- CRV pump seems to be losing steam already
If you have money on AAVE, withdraw it ASAP!!!! Bankrun soon coming in AAVE, its debt is at 50million$+ right now and still increasing because of CRV pump!!!
Some major liquidation hunting of CRV on AAVE is going down right now
CRV vs AAVE happening right now. People pumping CRV to liquidate 200million usd worth of AAVE. Insane!!!!
The rumor is that the attacker is gonna pump CRV to smash AAVE
Few hours ago: CRV is being destroyed. Run away from AAVE! * CRV doing a +40% in 2 hours * never change sub, never change
Lol CRV is fcking dead and they keep beating him
Man the CRV dump is brutal. 280 million mcap for one of the best defi instruments out there. Never thought we'd revisit the all time lows
Cryptocurrencies setting new bear market lows today include DOT, VET, NEAR, MANA, CRV, SAND, XRD
Cryptocurrencies hitting new bear market lows today include XRD, NEAR, MANA, CRV. Also GBTC
1 BTC = 1 BTC - Let´s not forget how they again and again called BTC out https://www.youtube.com/watch?v=3T1t8827VpQ Nut where are they putting their money, with a saying like this? CRV for stablecoins? Uni as dex etc?
1. $UNI @Uniswap 2. $QUICK @QuickswapDEX 3. $MATIC @0xPolygon 4. $AAVE @AaveAave 5. $DODO @BreederDodo 6. $MVX @MetavaultTRADE 7. $SUSHI @SushiSwap 8. $CRV @CurveFinance 9. $WOO @WOOnetwork 10. $FSX @fraxfinance
Meanwhile CRV holders enjoying a nice big chunk in fees, paid in stables no less, because of all this drama. Own a piece of the rails and enjoy.
decentralized trading based coins like CRV, UNI, AAVE, MKR, and LDO
tldr; Crypto analyst and trader Smart Contracter is expressing bullish sentiment on Shiba Inu (SHIB) and Curve DAO (CRV) as the digital asset markets begin to flash signs of bullishness. SHIB is trading at $0.0000125 at time of writing, up over 16% over the past seven days. CRV is up 10.50% in the past 24 hours. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I make a good passive income from locking rewards personally you just have to look into various projects and see what their road map is and if there is any opportunity for staking and locking to get rewards. Examples: FXS, CRV, IQ, Matic, Algorand, and Cosmos Atom. Just to name a few, there is always an opportunity to make more crypto instead of just HODLing. Just stay away from new Crypto that says their APR is guaranteed no matter how many people stake or lock up their Crypto.
You’re not having a shill party without me are you? I forgot to bring popcorn but here goes: SHIB Moon Lto ALGO Dot GET protocol Ckb Rose CRV Matic
I see the circulating supply is 16% which i assume is due to the nature of coin lock ups. But do you ever worry about a supply dump? I'm genuinely looking at CRV as an investment, a supply like that usually makes me run.
Just bought more DOT, ATOM & CRV.
BTC, ETH & US30, DXY. I am long on BTC since 17,800ish and have a stop loss at around 16,700. ETH I am long at 900 ish & stop loss at 750. I currently HODL DOT, ATOM, MATIC, CRV & LRC.
Which crypto has the best logo, in your opinion? For me it’s CRV for the rainbowish cone or Ceek, idk wtf the project is but the logos is like this pink and blue background of what looks like a concert and that’s just neat
My ATH was 79k invested 100k total 32k currently Positions: BTC, ETH, ATOM, DOT, MATIC, LRC & some CRV
Worth noting the horse story is likely a mix of viral marketing or a coverup. If a dex wanted to get attention for a new CEO this is a weirdly viable way and can loosely be connected to a new rumored "stable" pool/coin feature ala CRV. Jared Grey is also just a guy with a pretty weird history that wouldn't inspire confidence in me.
Best: Kinda embarrassing but probably HEZ. I didn't RTFM and thought Polygon-Hermez was gonna use it instead of MATIC token. Somehow still made a profit when I sold it. Also kinda feel bad for selling it, oh well. Worst: idk, maybe ICX. Or maybe when I opened a ETH-CRV uniswap LP and lost ETH when the ratio didn't move in my favour.
What is causing this ALGO pump? 4.21% What is causing this XRP pump? 4.12% What is causing this RSR(WTF is that) pump? 4% What is causing this CRV pump? 3.46% What is causing this LEP pump? 3.47% What is causing this HNT pump? 2.9% What is causing this LINK pump? 2.44% What is causing this SOL pump? 2.29% Kind of getting tired of seeing the SOL fanfare over 3% up.
These reasons highlights why I am deeply rooted in stables for now, their is so much uncertainty around the market for me to attempt catching the bottom so I would rather just sit deep in stablecoins while opting to stake them on CRV or Aave of betterstill make use of SpoolFi strategies.
CRV and ATOM. I think I'm dying on my staked TRX and MATIC.
AAVE and CRV are huge for defi and bound to be profitable again when the circumstances change for the better. They had some nice gains when the market bounced a few weeks ago
BlockFi gives 10% APY on BUSD, while OUSD receives 5% APY on Curve with the native token, CRV, as the perks.
tldr; Poof Payments, a payments company backed by CRV, recently announced a collaboration with the Moonbeam Foundation. Poof will become the first payment processor for GLMR, supporting money movement applications for Moonbeam and its entire ecosystem of digital assets. Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
ETH, CRV, AMP, LTC, AXS, BAL, REN, BNT - at a glance all of them are up over 3%.
It's all about if you believe in the future of crypto as a technology and your time frame. I believe in crypto and my time frame is the very long term, so the best time to buy crypto was at it's bottom, the second best time is now! I'd suggest a diversified aproach with a bias towards large caps, namely BTC and ETH! Don't forget some defi exposure with UNI or CRV, some oracle exposure with LINK or DIA, some NFT exposure, which might be fine with SOL (even I'm not a big fan of SOL as I used to be). I'd leave gaming on hold because it's more risky
I can still count very much on my favorites stablecoins in this space, BUSD and OUSD. Staking my BUSD on binance and also providing liquidity for OUSD on Curve platforms, which gives CRV token as reward and a very significant APY.
You're getting rekt because you are investing in these strange fringes and doing little research. The whole issue with Fantom, Solidly, all that is the reliance on a single man for it all to work. Andre Cronje was literally doing all the work, there were a few people working on it too but they were all at the direction of Andre. If you're investing in a project where it's success is hinged on a single person then you probably don't realize the risk you're taking on, it can't be measured how risky it is investing in something like that. Cosmos hasn't found any product-market-fit yet on its own, let alone any of the projects native to Cosmos. I mean LUNA speaks for itself. Anyone who did objective research on it could see that the economics didn't make sense for LUNA or UST whatsoever. It mechanically relied on more users continuing to enter in larger amounts forever (which is literally impossible) and for the price of Bitcoin to continue going up (nothing goes up forever). So I don't say this to be rude, but you either didn't do any research, or you did very poor minimal research, or you did your best researching but were/are terribly uninformed when it comes to finance/economics/business and flat out didn't understand the mechanics of it. So regardless of what it was, you invested in something you didn't understand - don't feel bad though because a lot of smart successful people did the same thing and weren't smart enough to get out before the music stopped. I mean Acala... that's on the same level as JUNO. Stop investing in the fringes. Invest in what's proven and has found product market fit. Stay within the Ethereum ecosystem if you're looking to \*INVEST\*, if you want to make quick gains and flips go wherever but realize the risk is exponentially higher than investing in proven products. Plenty of proven products with real cash flows in the Ethereum ecosystem. You have CVX and CRV on Ethereum main net. You have GMX and GLP on Arbitrum. There's four tokens with product market fit and real cashflows. I'm not going to go to deep but there's so many real tokens with real products providing users with real yields that are sustainable. Oh yeah... and you could simply just buy ETH if you're looking to invest. Seems you were investing in coins you should have been trading in and out of.
All these people in this thread outing themselves like this is embarrassing. No one should be sitting on the sidelines right now. Whether or not it may drop again due to some poor macro or world news is irrelevant. Presently we have been in a solid uptrend for a month. For me gains from CRV/AAVE have led the pack and ETH has done great too and it sounds like a lot of you are missing out. Pay attention to the market and your portfolio. Keep your stop losses at reasonable levels and take what you can now, then repeat later *if* we see another major correction.
That was literally my reaction. I thought like "yeah it's CRV a top 100 crypto so 500k is like nothing, that's a success" Crazy times indeed.
Wait wait what? I have CRV On Coinbase it’s been so good to me… nooooo 😖 Do you have a link? Edit: I found it. https://mobile.twitter.com/CurveFinance/status/1557104676830601216?cxt=HHwWgICzyYSd-ZsrAAAA
Wait wait what? I have CRV On Coinbase it’s been so good to me… nooooo 😖
CRV does this, assuming you're locking it as veCRV, cvxCRV, or similar products.
You can invest into protocols that have a useful product and who’s tokens value is sustained by the success of that product. CRV tokens for example are the governance and reward distribution asset for curve protocol. Their owners may vested escrow stake those tokens to get access to their voting rights and their cut of performance fees from the product. The product itself for Curve is an exchange that allows for high volume swaps between similar assets despite limited liquidity. You can use the curve protocol to move between USDC, USDT, DAI, FRAX, UST, and may other stable coins with very low price impact. (The price per trade is not limited to the 2 asset price curve that is standard for a 2 asset v2 style liquidity pool, hence the name curve) The token distinction of new CRV assets goes to the liquidity providers who supply to the pools that are incentivized to revive CRV rewards. Those incentives are voted on by the vested escrowed stakers. For other tokens out there, having the ability to deepen available liquidity by offering incentives not in your own native token but in CRV through and incentivized gauge while exposing your asset to the deep liquidity of curve is valuable so the CRV token voting rights are worth paying for. On top of all that, all the trading activities on curve generate an income from fees. That income is turned into 3CRV (USDT, USDC, and DAI in a pool) and those 3CRV are then payed to the vested escrowed stakers proportional to their share of the total stake. Like dividends in a share of stock. Not only do tokens have their own products, those products produce revenue and that revenue can be shared with token holders to give the tokens a value beyond speculation on future price. There’s billions of usd worth of liquidity supplied to curve and hundreds of millions in volume generating income for the protocol token owners. CRV is just one example of many DeFi protocols that have tokenomics that capture value for their assets and make holding and participating in these protocols a lucrative proposition.
Do you think about a bag of staking? If yes, then take a look on CRV and DAFI. Aave v3 is also a very good option.
Lmfao I am down 18k on LRC. I just keep accumulating. ETH, MATIC, ATOM, DOT, CRV
Same! I closed the rest of my ETH short last night when we held at 1650. Fuck this week Short selling got wrecked a bit. I did hedge the short with a long on CRV so at least there’s that. I’m closing that now too We’ll have to see what Apple earnings are after market tomorrow though. They pushed back the earnings report to post FOMC
the biggest change for me has been to begin investing in utility tokens with clear use cases and utility (MANA, CRV, OBT, GRT, ENJ) instead of sinking money into speculative altcoins with no future past the inevitable dump. Also, I've started doing proper research before investing--if it looks sketchy, then it probably is
Thank you for sharing your view. No doubt, nothing seems to be guaranteed to me in this space in this bear market at the moment. However, I still keep few stables like BUSD and OUSD. While I stake my BUSD on Binance, I provide liquidity for OUSD on Curve, where I earn CRV in returns. Both platforms still give an encouraging APY for now.
I am considering few alts at the moment, aside from BTC and ETH. Some of these are, SOL. DOT , VET, CRV, OGN, CVP and ADA.
Curve's CRV token or Convex's CVX. They're the backbone for defi on Ethereum.
Why did I never ever buy CRV and bought everything else instead, despite always telling myself CRV would pump hard
It's possible. It's just not sustainable. A lot of defi platforms are able to do so, at least for the first few months, by paying Liquidity Providers with their token. Effectively, Shareholders (aka token holders) burn money to try and acquire market share, in the form of heavy dilution of their shareholdings (token holdings). Most fizzle out shortly after. The people who have been religiously selling the tokens they get for more stablecoins get rich. They move on to the next new project like locusts to repeat the process. The ones who don't, or have even been buying the tokens, are the reasons why the first group of people get rich. In very very rare cases (CRV), the farm token takes on a life of it's own, and actually explodes in value, and sustains the value for years. Time will tell if it will be sustainable for decades.
🚀 Biggest Winners Today: $FIRO (+188%), $UNI (+22%), $MATIC (+21%), $AAVE (+19%), $AR (+16%), $ATOM (+14%), $CRV (+14%)
My experience has been different. That said, I avoid bridges, and only LP on secure L2s on Ethereum, with solid pairs such as BTC/ETH, ETH/CRV, etc. Don't chase obscene yields on centralized chains, and don't use risky bridges. Stick to decentralized exchanges such as Uniswap, Curve, and Sushiswap. Do this, and you'll be fine. By I also respect the DCA/hodl approach as well, and that is probably more appropriate for most people.
One good thing about ETH price tanking is that I get to reach my minipool goal and have more dry powder stacked to deploy than I planned. I've been thinking about slowly accumulating few projects for the next 1-2 years, replacing my Stables with ETH rewards once withdrawals unlocked and taking profits as they come. Here are my picks: * RPL (Reach 150% collateral) * CRV * COMP * MATIC * SNX * LOOKS or X2Y2 I'll keep my eyes on GMX, CAP, P2E and P2M projects in the meantime. what do you think of this plan?
It's been a few months since we only speak occasionally and even less so about crypto now but I'll share the mainstream coins. I'll respect the privacy of his current low cap gems because I don't think he'd want me to divulge that information but here's some of his portfolio. AR APi3 QNT XDC XRP and he is staking CRV for a loooooong time... a fact I totally forgot about. I'll probably look to add that to my own portfolio now lol.
The bear market has always come with an to garner more coins in the bag, and this has always been my top priority. I am actually into BTC, ETH and few alts like ORE, SAND, OGN, ORN, CRV and CAKE.
CRV is down alot, but you get great APR on it right?
Tbh the only thing really has been CRV besides ETH and BTC
I've asked myself is 15%\~ APY (for example the MIM/3CRV pool on Convex has this right now) for a staking stablecoins in this current market climate reasonable and if so how? I've concluded that when it comes to staking with stablecoins the actual APY / ROI from things like the underlying lending and exchange fees you collect are very small compared to the fee that comes from selling the cryptocurrency the project gives you as a bonus. DAOs like [Curve.fi](https://Curve.fi) and similar have done something really cleaver where you can lock the CRV token as veCRV to get up to 150% bonus emissions of CRV. This creates a sort of positive feedback loop that creates a self-fulfilling prophecy driving the CRV price up. Then you add a layer on top of that with [Convexfinance.com](https://Convexfinance.com) which also extracts more value from the voting power the locked CRV would give you. Since everyone is sharing their bonuses on Convex pools that are not utilized can be by people who are more knowledgeable about a certain pool can use up that pools bonus where a single entity could not feasibly keep up with all the different options and their risks. Projects also bid on this to give their pools more weight (i.e. more CRV emissions) which draws more liquidity. [Stakedao.org](https://Stakedao.org) tries to do more stuff with this to extract even more value from this strategy. Most of the APY / ROI is from the projects own tokens (in these cases CRV, CVX and SDT). So the question is what gives these tokens value as compared to a Ponzi? I think it is the network effect and the fact that if people invest in the tokens they kind of commit to staking stablecoins. When enough people do this it draws attention from projects seeking liquidity since they can buy votes with the tokens (at least with CRV and CVX) and use it to gain more liquidity which in turn creates even more demand for the token. Also these different tokens are like layers on top of each other that try to extract even more value than the last layer. And since you get voting rights it's a bit similar to investing in a company since the value it creates for projects actually gives the shares a value.
Each of these coins is similar in mcap - which do you choose from each: QNT vs FTM MATIC vs AVAX KDA vs ONE CRV vs LRC
All things considered, your daughter has done quite well. If she started staking ETH now or had her CRV in a gauge, she’d do quite well IMO.
The fact I have about $2k in CRV at 6.5 is making me reconsider life.
>M** (9yrs old, boy): ETH, THETA, ADA. He really loved the black diamond and thought the other two had nice aesthetic designs. >A** (7 yrs old, girl): ETH, AAVE, CRV. She also loved the black diamond, the AAVE has her favourite colour and starts with the same letter as her first name, CRV has a pretty rainbow. >E** (4 yrs old, girl): UNI, ENJ, CAKE. She loves unicorns and therefore, loves UNI. The ENJ logo has a very pretty E for her name. CAKE because she loves pancakes. Better technical analysys than whatever **I** can come up with.
Bottom we might already have reached! I don't think it will go much down from where we are... if it's going to go down at all is a good question! Either way I'm already buying some solid DeFi coins such as AAVE, DAFI, URUS and CRV!
Go ahead mate, and tell us the results as well, not gonna trust CRV again
Shorting CRV on this 20% pump wish me luck
What the fuck, CRV just shot up 20% in the past hour, a ton of volume on the liquidity pools.
If I wanted to sleep at night then the easy choice is ATOM and AVAX. If I wanted to sleep partially at night then I'd go with MATIC and ATOM/AVAX. If I wanted potential face melting gains I'd go MATIC and FTM. If I am a degen gambler I go ONE even tho that doesn't even seem like much of a gamle right now since the price wasn't very effected by the exploit...for now. CRV is not mooning any time soon. The market for what it does is flooded and the only thing CRV does better than the others is be reliable but people don't care about reliability as much as they care about % returns...often to their detriment. I don't know enough about KDA to have an opinion.