12/23/21: Do You All Really Know? 🤔 💭

Just Pretend That You Do Like a Normal Person

crv.mktcap.eth

Dec 23, 2021

do you guys all really know wtf curve convex and all that other shit is or do you just pretend that you do like a normal person would

🙋 I for one just pretend to know. I may not be anything like a normal person, but it’s all too big brain for me to figure out.

Curve is a black hole for liquidity, but also a black hole for intellect. Once you start reading up on Curve, you end up passing an event horizon and your brain never returns.

So for my part I’ll just keep referring you to smarter people and we can all party together when we arrive at the singularity.

ツ @WrongNebula

🐸 Impermanent Profit 🐒 @Alexzo1000

@ManuRedPills Manque les pool CVXETH et CRVETH. De plus les $3CRV peuvent être déposés directement sur @ConvexFinance pour encore plus de #flywheel🤑

CryptoCondom @crypto_condom

Interested in understanding more about the Curve Wars or the Convex/Curve 🎡 flywheel? Great DeFi Video from @0xCha0s : youtube.com/watch?v=6uPqjw…

Literally Everything You Need to Know About Convex $CVXLink to presentation: https://docs.google.com/presentation/d/1qLikGTQsxKnbkcndz4F78jaT_iW1ycjLXG7rICUxuiQ/edit#slide=id.pCheck out my Private Discord where I...youtube.com

One thing even my smol brain can comprehend is that $CVX is exceedingly rare. Not every American can own 1 $CVX. Even somebody wanted to own one whole $CVX, where would they go to buy it? Before today, it was scarcely even listed.

YettyWapp Capital 🦇🔊 @YettyWapp

There are only about ~3,345,678 $CVX tokens available on exchanges right now. Now, think about how much demand there is and will be from every protocol. Supply crunch incoominggggg. $CVX $CRV

0xChaos (🌖,🧙‍♂️) @0xCha0s

$CVX max supply is 100m - over 80m minted - tapering emissions = harder to farm - 70% locked, soon 90% - only 3.3m available on exchanges - “backed” by 10+ $CRV in future, and now $FXS Paper hands will sell to 💎 hand DAOs & investors. And we will gladly slurp https://t.co/Gy5Ho7SG6J

YettyWapp Capital 🦇🔊 @YettyWapp

There are only about ~3,345,678 $CVX tokens available on exchanges right now. Now, think about how much demand there is and will be from every protocol. Supply crunch incoominggggg. $CVX $CRV https://t.co/IqXLbHQtcf

Binance listed the token this morning, but had to delay the listing allegedly due to lack of liquidity.

Convex Finance @ConvexFinance

👀 CVX now on Binance!

Binance @binance

#Binance will list @convexfinance $CVX @constitutiondao $PEOPLE in the Innovation Zone https://t.co/z6egpW6bFd

CryptoCondom @crypto_condom

Want proof of that @ConvexFinance supply crunch, anon? @binance was supposed to launch $cvx at 0600 UST on 12/23 but it has been delayed at least 8hr now due to lack of liquidity from insufficient deposits. 👀 https://t.co/UqBIkRo08W

YettyWapp Capital 🦇🔊 @YettyWapp

Captain Rational 🧙🏽‍♂️(🐸,🐸) @noahseidman

Circulating supply disruption, demand grossly exceeding supply.

CryptoCondom @crypto_condom

@ConvexFinance locked 726.3% of all daily $CRV emissions as $cvxCRV in the last 24hr. 👀🤯 https://t.co/sLy2SN8dYk

Will the Curve CVXETH pool, with only 220K CVX, become the best place to purchase CVX? 55% boosted rewards too… 😙

Maybe you missed Bitcoin under a dollar or the ETH pre-sale, but at least if you’re reading this you’re actively witnessing the similar dynamics of $CVX sorting itself out in the early stages.

One year ago, $CVX didn’t even exist.

Wadé² @wadepros

DeFi had $18b TVL one year ago Today, the top 3 protocols have: 1. @CurveFinance (CRV) - $22.27b 2. @MakerDAO (MKR) - $18.72b 3. @ConvexFinance (CVX) - $17.52b 🤯📈

By building only on the back of Curve’s tokenomics, Convex quickly reached escape velocity. With yesterday’s announcement, they’ve added a second flywheel, meaning Convex will decouple from Curve.

CryptoCondom @crypto_condom

Now that @ConvexFinance has created a 2nd flywheel with @fraxfinance, the value proposition of $CVX is no longer dependent on a ratio of $CRV. Because of this, it is reasonable to assume a $CRV ↔️ $CVX Market Cap (MC) flippening will occur in the near term. 👀