Reddit Posts
Looking for a DAO maker tool that allows users to create ETF style funds
Exploring SpoolFi v2: Evolving LSDFi in the DeFi Space
Thrilling update for all! The eagerly-awaited Convex token distribution has officially kicked off. Check your qualification and collect your free CRV tokens via their primary site. I've secured 900 CRV worth $462, but your bonus might differ based on your blockchain activity.
Thrilling update for all! The eagerly-awaited Convex token distribution has officially kicked off. Check your qualification and collect your free CRV tokens via their primary site. I've secured 900 CRV worth $462, but your bonus might differ based on your blockchain activity.
Thrilling update for all! The eagerly-awaited Curve token distribution has officially kicked off. Check your qualification and collect your free CRV tokens via their primary site. I've secured 900 CRV worth $462, but your bonus might differ based on your blockchain activity.
Helping the above average John guy understand the Defi space : AMMs differences, risks and notable mentions(PancakeSwap and 0x Protocol)
Helping the above average John guy understand the Defi space : Uniswap, SushiSwap, Balancer, Curve Finance and Bancor. Also a recap on DEXs and AMMs.
Thrilling update for all! The eagerly-awaited Curve token distribution has officially kicked off. Check your qualification and collect your free CRV tokens via their primary site. I've secured 900 CRV worth $462, but your bonus might differ based on your blockchain activity.
Thrilling update for all! The eagerly-awaited Curve token distribution has officially kicked off. Check your qualification and collect your free CRV tokens via their primary site. I've secured 900 CRV worth $462, but your bonus might differ based on your blockchain activity.
CRV Spikes 22% In 2 Weeks As Whale Withdraws From Binance
The Top 10 DefI Cryptocurrencies to Watch in 2023 before the Bull Run
So Shiba Inu silently confirmed a new token during their keynote on ETH Toronto last month, here's how it all unfolded
Harness your assets with LEVERFI platform
Why makes LeverFi unique?
Curve Finance Resurgence: 70% Of Stolen Funds Recovered
Will Curve DAO (CRV) Recover? Here's What On-Chain Data Says
Top Crypto Exchange Binance Sinks $5,000,000 Into Curve (CRV) Following Massive Hack on the DeFi Platform - The Daily Hodl
Binance Labs Invests $5M in Curve DAO Token (CRV) After Exploit, Curve Could Expand to BNB Chain
Aave DAO opens voting on proposals to reduce CRV exposure
Aave DAO opens voting on proposals to reduce CRV exposure
Binance Labs Invests $5M in Curve DAO Token (CRV) and Supports Curve Deployment to BNB Chain
Recap of the shocking Curve Finance exploiter
Curve Hacker Returns Some Funds After $61M Exploit on CRV Pools | CoinMarketCap
Justin Sun is up 50%+ after buying CRV at a discount
CRV Price Soars as Hacker Returns Funds
Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment
Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment
Curve Finance is offering a $1.8 million bounty to ANYONE who can identify the exploiter of its pool.
Curve founder dumps $19 million in CRV to repay debts; What's next? | Finbold
Get out of (CRV) before itβs too late they will be liquidated soon people donβt understand that the big wheels can do the same that heβs done taking switch out coins to his coins and then taken short him and sell the coins it will make (CRV Collapse) https://youtu.be/0rznxt9SCCs
Curve founder dumps $19 million in CRV to repay debts
Michael Egorov has sold a total of 106 million CRV for $42 million
Aave founder proposes buying $2M in CRV from Curve founder, to Avoid Liquidation
What's happening on chain after the Curve exploit
Can someone update me on the whole Curve ($CRV) finance liquidation fiasco that is currently going on?
SEC fraud lawsuit against HEX's Richard Heart; is it time to embrace crypto regulations?
Curve Finance's founder sold $CRV after the hack
Tron Founder Justin Sun Buys 5 Million CRV In OTC Deal
Justin Sun buys $2.9 million of CRV from Michael Egorov and partners with Curve
Open interest in CRV-linked futures skyrockets as Curve token reels from recent attack
Once again it looks like the overleveraged have come back to haunt us
Potential Black Swan event pending regarding CRV and Aave
*Tin foil hat time* Gov assault on defi is here!
Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit
CRV Down 12.6% After $70M Curve Finance Exploit - Tokenist
Hot Announcement for Curve Finance's CRV: Deposit and Withdrawal Operations Suspended! - COINTURK NEWS
Curve Finance Hacker Returns $5.4 Million, But CRV Dumps 15%
Hacker who attacked the CRV/ETH pool has stolen 7 million CRVs and 14 million dollars of WETH. CRV token price plummets
Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
JUST IN: Major Hack Incident in DeFi World! CRV Price Temporarily Drops to $0.1!
Launching stablecoins within lending protocols has become a popular trend
Ethereum-Based Decentralized Finance Protocol Loses $3,260,000 in ETH to Hackers
SpoolFi V2: The new face of institutional-grade Defi
Dont fall for the βcommunityβ line. Be cautious about becoming exit liquidity, crypto is more PvP than you think
Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO
Gauntlet Flags Risk Posed By $176M CRV Position On Aave
[SERIOUS] Curve DAO (CRV) Price Forecast using AI
CRV and Curve DAO: A Moonshot Worth Considering
Examining the Current Volatility of Curve DAO (CRV) and Market Trends
Curve DAO (CRV) Shakes Up DeFi with New Algorithmic Stablecoin, crvUSD
Curve DAO (CRV): A Stable Player Eyeing the Moon?
Curve DAO (CRV): A Quick Look at Recent Market Performance and Potential
How does Curve's economic model sustain itself despite such low trading fees?
How does Curve's economic model sustain itself despite such low trading fees?
Analyzing the Potential Moonshot of Curve DAO (CRV)
The Rollercoaster Ride of Curve DAO (CRV): A Tale of Innovation, Challenges, and Market Sentiments
A Quick Dive into Recent Curve DAO (CRV) Developments and its Potential Moonshot Future
Stability on the Horizon: Curve DAO (CRV) Embraces Stablecoin Focus and Rolls Out Gauge Votes
Curve DAO (CRV): A Week of Noteworthy Performance, Upcoming Upgrades, and Whale Activity
Curve DAO's CRV Token Sees Impressive Growth, Unveils Major Upgrades, and Sparks Whale Interest
The Curve DAO (CRV) Moon Shot: Reasons to Be Optimistic
Understanding Recent Curve DAO (CRV) Movements: Price Drops, Derivative Unwinding, and crvUSD Launch
Top DeFi projects by social activity (Curve Dao CRV, UNI, RARE, CULT)
Curve DAO has rolled out a Tri Crypto token pool, hosting Ethereum, WBTC and USDT with DeFiβs deepest liquidity thats why its price surge last week
The PEPE Craze and Gas Fee Impact
The Curve DAO Token (CRV) has been gaining value recently It is up 4.75% against the US Dollar today. The CRV price is expected to rise by 10.24% in the next five days, reaching a price of $1.05 by May 9. crvUSD Stablecoin Arrives on Ethereum Mainnet: A New Contender in the Stablecoin Arena
Curve DAO Token technical analysis for today
[serious] Does anyone know what's going on with Curve yields/rewards for stable coins on Avalanche
USDC Investor Learns Costly Lesson in Crypto Market Crash
During the usdc crisis, some poor dude swapped $2.03m usdc for 0.5 usdt
During the usdc crisis, some poor dude swapped $2.03m usdc for 0.5 usdt
One turned $2.03 million into $0.05 and the other one turned $1.5 into $2.03 million
With insolvency fears rampant. Here's how one unlucky user paid $2,080,468.85 to receive $0.05 of USDT.
Did you know that when transferring on Ethereum, it costs ~40% more gas to send tokens to a zero-balance account, and also 10% less gas to empty out an existing account's balance.
What the Hell is happening with rETH on AAVE right now?
[SERIOUS] Non-custodial staking on Ethereum
Who are the most hated scammers ever in the cryptocurrency industry?
What is going on with Curve DAO?
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 Curveβs 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
Mentions
CRV and Convex and HBARβ¦.after btc of course. Those will make you a lot of money. Easy 10x on the alts listed. Just my opinion. Most will disagree
Hey dude, if youβre looking for the safest surest crypto investment it has to be Bitcoin. Weβve just had a historically 100% accurate bottom signal flash around 6 weeks ago, and weβve just put a higher low in on the chart. This is a great price to buy in at. If you wanna get some smaller bags with more potential, I would recommend investing in CRV or CVX. DYOR, but they are some solid picks for the next 12 months imo.
sounds like it's more than just "...an extreme concern around sustainability for the ecosystem and growth initiatives overall," seriously, sounds shady as he11 - like the long game was being played from the start. either that or at some later unplanned time greed took over. either way, it's a HUGE conflict of interest. and if there's nothing untoward happening why not place the funds with a neutral organization/party rather than with Egorov's own Swiss Stake AG because really? who thought no one would notice how untoward the proposal appears to be? esp. considering how astute so many people - who are far more expert than I am in that kind of niche within the crypto space - how so many people within it, including but not limited to those who have. *voting powers,* would understand the details and know exactly how to go over every detail with a 'fine tooth comb.' and though I can't yet make sense out of breaking down the current worth of the $6.9 million dollars into the salary numbers for Curve employees [because seems like the funds would not be in their hands at all?], just the fact - if true - that the "roadmap" for the use of funds is too "vague," is enough to raise suspicions. because that Curve doesn't have "other substantial revenue sources of its own to fall back on", is not enough of a reason to expect those with a financial interest in Curve to accept such an odd "cultural shift," that's ridiculous. and *of course,* "assurances were also made, with the proposal stressing that Swiss Stake AG would only use the funding for specific purposes within the project description."π no, not good enough and every bit of that money must be accounted for AHEAD of time. no playing footsies with where the funds went after the fact. because of how opaque it all is everyone who has the power to do so should absolutely vote, *NO.* I mean, who among them would give some random person or group of people their own funds to go shopping with while saying, "and oh, don't worry about getting me to sign off on what *specifically* is ok to spend my money on - and also don't be concerned about bringing me any proof in the form of receipts on what you DID spend the money on, *no, WAY!* honestly, who still wonders why trust in the cryptoverse is an ongoing issue when things like this still happen? and that it's community funds means the standard for how said funds are used should be set *very* high! and unless I woefully misunderstand what's possibly going on, if by some weird turn of events this proposal passes? I'd then expect the value of the tokens to plummet even further than it already has..whether because of previous unfortunate events or some kind of rug pull happening in the mix. and/or at the very least a sell off, out of fear, by those currently holding. which seems quite plausible considering the CRV token, as mention the article, has been trading at "all-time lows" in recent months + following a $70 million dollar exploit [even if the hacker returned some of it] + also the multi-million dollar loans Ergerov took out..using CRV as collateral..yeah.π and of course, there's almost always a chance an honest coin or token project can always make a comeback [I'd like to think so, anyway] and I know a 24 hour time frame shouldn't be the measure of the value of a token... but over the past day or so [since the referenced article was published] the snapshot isn't looking so good and considering all known factors included in the article I can see how fear on all sides of the equation is being fostered and how Michael Ergerov might be desperate to save the CRV project overall. and his seeming desire for there to be so much opaqueness regarding *exactly*. how the funds would be used smacks of his desire to not be tracked while he tries to fix the problem(s)..and even IF he believes he, himself, is well meaning that's not a good thing - because desperate men too often do desperate and too often and eventually, dangerous things. so, yes, just smh & wow, pass the popcorn because: what in the name of the gods is next in cryptocurrency news?π«π₯€πΏποΈ
The proposal seeks 21 million CRV tokens, valued around $6.3 million at current market rates, to cover operational costs over a one-year period. The primary focus of the funding is to scale Curveβs stablecoin, crvUSD, enhance foreign exchange markets, and develop leverage products based on crvUSD.
tldr; Curve DAO is under scrutiny for a funding proposal to award 21 million CRV ($6.9 million) to Swiss Stake AG, owned by Curve's founder, Michael Egorov. This request represents about 50% of the DAO's community fund, raising concerns about sustainability and the vague use of funds. Critics argue the proposal is disappointing and lacks transparency, with calls for a detailed breakdown of spending and clear performance metrics. Curve defends the proposal as crucial for growth, focusing on audits, security research, and educational resources. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
CRV looks pretty good. It still hasnβt ripped yet and so much is locked for four years and it is deflationary. Easy money this run
Both of those charts are hideous. If you held CRV for the last year, you'd be sitting on a near 50% loss. If you held CVX for the last year, you'd be sitting on a 15% loss. If you bought either in the last year after looking at the ATH chart, you were never gonna make it anyway,.
CVX and CRV. Been saying it for a while
CRV sitting in the basement but itβs up 6% holding so well Iβm not down 45% no sireee
CVX with a nice move this morning. May not be done yet. CRV will likely move soon enough as well
My CRV still works too. Curve and crvUSD...the future of finance.
GMX, UNI, CRV... Totally undervalued
Let them buy dog coin or LUNA or CRV βsand in boxβ π¦ and try and say itβs no different from even letβs say Chainlink. They all same right? I donβt think I understand the original post I guess. So the original post implies that BTC and IOTA are more or less the same sand in a box π¦? And why should BTC be priced differently from IOTA sand particles in box π¦? I think I missed something here. Maybe IOTA sand is worth more than BTC sand is what the person posting is implying? That is how it came off. What if IOTA sand is just the same as BTC sand? He has a point! Or does he? π why dude trying to overthink everything and just not post this question of itβs all same sand. Itβs not the same sand so why pose dumb questions like this Sandman?
Bought some WIF, RNDR, CRV and AVAX
Yeah not to mention these are almost shit tier coins as well with high inflation and or VC selling pressure. Like with CRV the CEO literally borrowed like 20% of the coins supply on a lending market and got liquidated leading to extreme selling pressure.
Eh, the "low cap altcoins" they chose for the "expert picks" are the 7 projects as follows: API3 DYDX RAD CELR BAT CRV AR It's such a narrow sampling of only a very few specific projects. You could just cherry pick 7 other "low cap alts" that have performed like crazy to show a completely different result.
You almost get it. AAVE, CRV and CVX are all cheap relative TVL. Thatβs the point. Buy cheap things. Sell them expensive later. But if you prefer to buy high, sell low, thatβs up to youx
Not your keys, not your coins. CRV's founder suffered massive liquidations last week (more than 100 Mm maybe?). For me, CRV or any DAO is a major risk for assets...
yeah CRV tanking & plummeting
The real benefit of staking CRV is that it boosts your rewards on liquidity pools. You can get crazy rates just supplying stablecoins. If you're thinking about doing that, it's a good play.
CRV hasnβt stopped tanking. Youβre likely to be down of your long term investment, even with the promised high APY
When staking Curve (CRV), you can currently earn around 51.09% annually if you hold the asset for 365 days. Remember to research and assess risks before staking.
Marketcap to TVL you say.... Have a look at CRV and CVX π These three examples should be enough to convince you that marketcap/TVL isn't a good indicator of the value of a token. You can utilize an ecosystem without owning the token. Look at ATOM as well.
Reversal should continue to CRV now that the whole liquidity crisis is resolved. Thinking it heads back to the 40βs soon.
lolβ¦ βliquidatedβ. What actually happened was that he got to dump $140m of CRV on the market.
Time to buy into CRV again
tldr; Curve Finance founder Michael Egorov was liquidated for $140 million of Curveβs native token CRV after borrowing nearly $96 million in stablecoins against his CRV collateral. The liquidation occurred as the price of CRV fell by 24% between June 12th and 13th, triggering the liquidation across five different protocols. Egorov managed to cover over $1 million in bad debt to Llamalend by selling 30 million CRV tokens. Previously, in August 2023, Egorov sold 72 million CRV tokens to repay debts after a hack threatened his positions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
literally no one on this sub talking about the CRV founder getting liquidated for 90 million looks like a good capitulation to me
What happened to curve financial? It seems CRV is crashing hard and I heard that their creator's security is being liquidated
Curve has performed horribly against both BTC and ETH ratios. Look at the chart. Aave hasnβt performed much better. CRV is just a reward token for a glorified ponzi system, which means it always gets dumped. Aave is a βgovernanceβ coin. I think the market has decided on governance tokens given the terrible performance- they arenβt worth as much as their bag holders claim, at all. You are better off going with something new in this current cycle.
Curve ecosystem, CRV, CVX, FXS, PRISMA, FXN First three have been out for a few years now and teams continue to build new products (good products that are recognized by other parts of defi). AAVE recently acknowledged Curve's lending platform as being superior to AAVE's previous models, and is planning to adopt it in their next version. Frax recently launched their L2 chain. Prisma was exploited in March and they are discussing repayment plans preparing for a vote on that. Token price is in the gutter in the meantime. Really, token price of all of these projects is in the gutter right now, except maybe FXN. They might collapse into obscurity, but from watching these projects the past couple of years I think they will continue to surprise people.
Why is this A.I nonsense allowed here? Also, this is FUDβ¦ Curve founder wasnβt even close to liquidation, his liquidation range is bellow 0.18$/CRV.
I keep my LUNC (Terra Luna Classic) in my portfolio to remind me to be careful. It makes up just 0.5% of my portfolio. But if not counting LUNC, it'll be CRV (Curve). I bought it during the bear market, but unlike other cryptos that had risen high and gone back into the green, CRV stays deeply in the red. I'm starting to think that that's where it'll stay for the rest of its life. It's only a matter of selling it at the least amount of loss...
What do you guys think about CRV, SNX, SUSHI, COMP, WAVES, NEAR, KP3R? Itβs what my (modest) portfolio consists of.
The graph (GRT) and Fantom (FTM), plus an ETH liquidity pool for each. They are coming back now. Also holding CRV but itβs still fucked.
ATH, no. But it's still a $558B market cap with the Model Y being the #5 best-selling car in the country (with Model 3 at #12). They sell more than the Toyota Corolla, Honda Civic, and Ford Explorer. The Model Y sells more than the CRV and Camry. I think that's fair to say "doing well." But to further my original example, the whole Solar City (Solar Roof) play was a complete disaster. Source: https://www.caranddriver.com/news/g43553191/bestselling-cars-2023/
Seriously, people just keep repeating the same garbage over and over as if they know whatβs going on. Yea itβs your coworker that took out his $24000 profit to buy 50% cash on a Honda CRV
Just FOMO in some SOL, CRV, ZEN, STX, LINK and KAVA. To the moon
CRV is the 10th coin in TVL and one of the most used Defi protocol out there.
I did that once upon a time but now itβs BTC onlyβ¦AXS, CRV, SAND, MANA, OMG, DOT, ETH, RPLβ¦I think itβs too many project to keep track of and all have much higher risk, imo.
The exchange is not doing anything other than facilitating the trading of assets. People with a lot of money for sure will used their money to move the markets and create favorable conditions for their derivatives positions. Like how CRV was very heavily shorted in money markets like AAVE while DYDX perp contracts were also massively biased short. People will open short positions and then use their on chain funds to drop the price of those assets to make their shorts print. Then close the short for profit and buy back the assets they dumped on chain to bring the price back up.
lmao just buy alts instead. Why would you go through the trouble of living on the streets just to buy some bitcoin when you could make far more profit with less than $1000 of alts? Just accept the fact you have missed your train on bitcoin. Itβs not gonna give you any ridiculous returns like 50x or 100x anymore. That age is over. Just buy some alts like SUSHI, CAKE, 1INCH, CRV, SOL, DOGE, etc. At least that way you stand a chance to gain at least 10x-20x and even 50-100x if you bought the very bottom. I literally only have bought $200 of alts each like $20-30 in value simply because I live in a country where I could barely make $4k a year and all I have is $200 to invest. I stand more chance to gain with alts than bitcoin. Donβt be an NPC and follow your friends lol
BTRFLY. When DeFI whales turns their attention back to CRV I think BTRFLY will go parabolic... looking for 20-30x to a MC of around 250M.
BTC, ETH I believe in them as coins and project. LINK, UNI, CRV I believe in them as projects (needed ecosystems) but coin value not as much. Will get downvoted but ADA is awful from a blockchain engineer standpoint, very hard to scale and their "we're doing things good and slow" has been a fat lie since the start. My wildcard is AR (Arweave), because good tech team, smart founder, useful implementation (storage costs more than cloud but permanency) but they need to polish numbers to have a market, could crash and burn if they don't.
The above poster said it increase CRV emissions, that is brrr.
this is grossly misrepresenting the situation. You leave out the part where this increases CRV emissions by a ton to help payback the rest. Many holders may not want their holdings diluted for a mistake of the team. These proposals are also triggered by anyone which means that people can just throw up another proposal that says refund the recovered amount which will pass 100%.
Making the best educated guess, would be BTC and ETH. Specifically, Ethereum seems to be the biggest winner. Ethereum represents a consensus layer that will host ecosystems that will continue to explode in applications and increase demand. Most of the obvious ecosystems are financial systems, such as liquidity pools and leverage trading that are already pillars of the technology. We are also seeing the evolution of L2s that will utilize a primary chain to inherent the security consensus and improve transaction verification speed and cheaper transaction cost. Soon we will see an "internet of blockchains" that are all bridging to one another. L1s will become the place of whales and large blockchain swaps, where most people will interact directly on L2s. Altcoins that might be interesting in the future are governance tokens for the pillars of the financial ecosystem that have a usecase that brings in value. Stablecoin swaps are the foundation, and the cheapest and most efficient large volume stablecoin swaps are through Curve.fi. CRV, and by extension CVX may be good long term holds. Not likely to become each super valuable, but can be locked to earn residual income. If I had to pick just one, ETH all day, everyday and it's not close. And to BTC maxis, welcome to blockchain technology. Bitcoin will make you money, but there's so much more potential to the technology than just a money coin. Smart Contracts are a game changer.
The V2 supports all ERC-20 tokens; however, I tried creating a CRV vault but I could see only ETH has been added to stables. I guess other volatile assets will be added shortly.
Itβs being swapped for USDC thatβs already in circulation in Curveβs 3CRV pool. When thereβs less USDT than USDC in the pool slippage is positive and offsets the trading fees.
Tether mints a bunch of USDTβ¦ when a whale wants to cash out instead redeeming their USDT theyβll wait until Curve 3CRV (USDT/USDC/DAI) is low on USDT and then swap their USDT for USDC with positive slippage that offsets the trading fees. Iβm not saying itβs some kind of conspiracyβ¦ itβs just that this mechanic creates an environment where USDC is being burned but USDT isnβt. Basically the 0.1% redemption fee on USDT incentives users to burn USDC instead.
I have BTC, SOL, and picked up a bit of ETH a few days ago. Good to see a bit of a bounce on ETH. I also have KAS for the last couple of weeks which has ripped as well. Plus I bought some VRA and CRV so I have KAS, VRA, CRV as my riskier holds.
DOGE will have its day. Litecoin is a fantastic coin to use, but it will never be a good investment. XLM will reach $1 this bull run. ATOM, AVAX, LINK, DOT, and CRV are all dying. They won't return. Kaspa has peaked. SOL is going to have a really good time when the bull comes.
Yeah, tried shorting CRV with x50, but was too late as always..
Is UNI worthwhile to invest in? I sold all my positions in DOT, ATOM, CRV and YFI in order to focus on BTC and ETH. But still, I'd like to have *something* in DeFi as well. UNI would be a rather safe one, right? Could it still do a 10x next bull run?
Nah I'm a part owner with 1 CRV
Alright edited it. I'm a part owner as I own CRV. And as it's supposedly decentralised anyone can run a social media page. Just like anyone can run a frontend
My CRV bag feels heavier by the week.
Curve's CRV token allocation is completely irrelevant to the Curve protocol. The Curve protocol is immutable. You were talking about VC funded DeFi apps, and explaining how they could not possibly be non-upgradeable due to being VC-funded. I was proving that notion wrong. As for the L2s, I've already explained why they're upgradeable and what their plan is with respect to that. And no, they can't just claim they will be decentralized without it imposing a huge obligation on them. If they fail to launch decentralized as promise, they will see a huge hit to their credibility/reputation, so they have something at stake in whether they make that claim.
tldr; Curve founder Michael Egorov has settled his debt position on the decentralized lending platform Aave. He deposited 68 million CRV ($35.3 million) to Silo and borrowed 10.8 million crvUSD. He then swapped crvUSD for USDT and repaid his entire debt position on Aave. Egorov still has $42.7 million in debt across four other DeFi platforms. He has been working to repay his debt by selling CRV tokens for stablecoins. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; The founder of decentralized finance (DeFi) protocol Curve, Michael Egorov, has settled his loans on the lending platform Aave, reducing his debt to $42.7 million across other DeFi protocols. Egorov deposited 68 million CRV tokens to lending protocol Silo and borrowed 10.77 million in crvUSD stablecoin, which he then swapped for Tether (USDT) to pay off his debt on Aave. He currently has 253.67 million CRV tokens in collateral and $42.7 million in debt across four platforms. This move comes after Egorov made headlines for his $100 million DeFi debt, which posed risks to the market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
CRV, bought a decent amount in 3 buys from Sept 7th-20th, and it's up almost 20% from those levels, so I'm pretty happy with the purchases
tldr; CRV, the native currency of Curve Finance, has seen a 22% spike in the past two weeks. This increase in price coincides with a whale withdrawing 1.542 million CRV from Binance and adding liquidity to Curve Finance. The withdrawal of coins from Binance to a non-custodial wallet is a positive sign for CRV. The token has been experiencing a decline in Q3 2023, partly due to an exploit of multiple Curve Finance liquidity pools in late July. Despite the recent pump, CRV prices are yet to fully recover. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
that Justin Sun is such an exemplary example of a gentleman to come in on his white horse and save CRV for us all. ...... /S
tldr; The decentralized finance (DeFi) ecosystem experienced a decline in economic activity in August, with exchange volume dropping by 15.5% compared to July. The DeFi Index underperformed Bitcoin and Ether, falling 21% in the month. However, positive developments were seen, including the dismissal of a class action lawsuit against Uniswap Labs and the stablecoin growth of Maker and Curve. The total value locked (TVL) also declined by 8% in August. The growth of Curve Finance's stablecoin crvUSD contributed significantly to the platform's revenue. However, the governance token CRV did not show signs of recovery. The global interest rates, particularly in the United States, continue to put pressure on stablecoins, leading to a 2% decrease in their market capitalization in August. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
What's your next few favorite coins outside of BTC and ETH? Mine are moons, DOT, and CRV (I know, I know lol)
tldr; The article discusses the stability of the crypto market ahead of the release of U.S. CPI data. Despite predictions of a small increase in CPI growth, digital assets have remained fairly stable. Bitcoin is trading at $25,933, up 0.66% in the last 24 hours. The CoinDesk Currency Select Index has also seen a modest rise of 1%. However, the price of Curve's CRV token is falling due to negative events in the protocol. The article also mentions that the number of S&P 500 companies mentioning "inflation" during their Q2 earnings calls has declined. The founder of BitMEX believes that the relationship between CPI, inflation, and crypto prices is changing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Probably not. I locked my CRV in 2020 shortly after veCRV became available... They unlock in 2024. This was way before Convex or any other liquid ve options. They've earned a lot of tripool though so π€·ββοΈ But with the bears and bulls in crypto, it probably isn't
If itβs of interest that would mean a market cap of ~$373.5mil, ranking MOONS 82nd by cap! Beating out COMP, CRV and CAKE as a few examples. As an aside, itβd also beat LUNC which is *somehow* 87th by cap despite having a price of 0.00006β¦ π the market is not logical
Might not be popular but I'm the same. Reminds me of CRV last bull run. Everyone said it was a coin to earn, not buy. They were definitely right
It seems like CRV has been dealt a mortal blow, and it's just going to slowly bleed out on the ground.
Missed taking profits at the ATH of CRV by setting a slightly higher sell order and going to bed...oh and Celsius, that wasn't great either.
tldr; Wintermute Trading, a major market maker in the crypto industry, is seeking a 12-month loan of YFI tokens from Yearn Finance to increase its yield. However, Yearn voters are rejecting the proposal, deeming it unfair. Wintermute is attempting to leverage its own CRV tokens to secure YFI tokens, but Yearn supporters argue that the deal goes against the decentralized ethos of Yearn. Wintermute has offered to post CRV tokens as collateral, but voters remain skeptical of trusting "reputable" companies. The vote is currently leaning towards failure, with 94% of votes against the proposal. Another market maker, DWF Labs, has also pitched more favorable terms to Yearn. Both sides are considering the optics of the situation, with Wintermute seeking to gauge how it is perceived. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
CRV pretty good as well π
Mildly annoyed about CRV picking up again, as I sold everything I had in the CRV vault on Yearn Finance, but oh well, at least I slept like a baby these past few days. π€·
Had crypto at Celsius and Hodlnaut but only managed to yank out all my coins from the latter before they both collapsed. Also missed my sell order of CRV in late 2021 (around 5.25 USD) and stubbornly held the bag for too long.
My top options in the DeFi industry are CRV, COMP, and Maker. I'm also interested in AI-related tokens. Fetch AI, AGIX, and Fluid AI (smart order routing, AI-driven liquidity aggregations, and prediction model) are on my watchlist. From the RWA industry, Centrifuge is on my watchlist. It's a DeFi platform that uses RWAs to collateralize loans. This allows borrowers to access liquidity without having to sell their assets, and it can also help to reduce the risk of default.
Probably one major upcoming one is Prisma Finance, but idk how to get them. Previously you can get them by voting with locked CRV (veCRV) but I skipped it due to CRV risk. Now I just boosted the discord lol hoping for a whitelist