December 8, 2023: Payday 💰🍾
Curve and Prisma celebrate revenues hitting a local maximum
TGIF, and flywheelers just got PAID
PAYDAY
It’s not likely to last, something will inevitably give way. After months of HODL-ing through the pain, we are sure you deserve a bountiful harvest driven by the $crvUSD standoff.
Since not everybody gets exposure to veCRV from direct staking, this is starting to flow through $CRV wrappers as well:
How to play these trends? Follow the money… always keep an eye on the most popular hubs for $crvUSD.
The next narrative to keep an eye out for is the spillover effects on borrow markets.
PRISMA
It’s not just Curve enjoying fruitful yields.
A possible deal for the ~50% of our audience who identify as whales…
But… why onchain would a high net worth individual care about a token ranked outside the top 1000 on Coingecko?
And why would top tier protocols be making the same move?
Quite a mystery, indeed.
It’s the Freakin’ Weekend
What to do this weekend? For the readers…
And for the watchers, the Vyper vids are [mostly] ready.
