February 8, 2021: $4B Curve and $45K Bitcoin 🏎️🚀4️⃣

Keep Ahead of the Curve

Here are today’s trends to watch from Curve Market Cap

$4 billion looks good on you Curve!

mimaklas @cryptomits

4bln dollar club @CurveFinance 🚀🚀

Curve deposits have been increasing by about a billion on a roughly weekly basis:

• January 22: $2 billion

• January 29: $3 billion

• February 9: $4 billion

Of course, some part of this is attributable to the Tesla bump this morning.

Crypto₿ull @CryptoBull

elon candles

Lewis Freiberg @LewisFreiberg

Sadly, Tesla will never buy $ETH because it runs on gas.

The majority of Curve’s liquidity actually comes from Bitcoin, so the dollar value of Curve’s deposits are heavily impacted when Bitcoin’s on a heater.

JonGalt @JonGalt14

I've always thought of @CurveFinance primarily as a stablecoin exchange. But it turns out that about 60% of the liquidity is BTC.

REN, the largest BTC pool on Curve, has seen overall reserves tick up a bit the past week despite the fairly modest returns the pool provides.

It would be a mistake to attribute all of Curve’s recent success simply to Bitcoin exposure. Curve’s development team is FAST and always on top of things.

Just last night an exploit was discovered in the popular new yv2 pool. The two teams resolved the problem before any issues could develop. Otherwise this could have amounted to a nightmare week for Yearn.

yearn.finance @iearnfinance

Recent yv2 pool issue doesn’t affect any of yearn vaults. Funds are safe.

Curve Finance @CurveFinance

🚨🚨🚨 We have discovered an issue with the new yv2 (@iearnfinance) pool. The pool has been killed in order to protect LPs. All funds are safe. Deposits will be sent directly to liquidity providers' wallets, no further action is required to withdraw.

It all underscores the importance of robust unit testing!

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Curve Market Cap is playing with design… which do you like?

Curve Market Cap @CurveCap

Which color scheme you like? Classic Grey or Sex-Magic Purple?

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