January 1, 2021: $HBTC mines gold ⛏️🥇 + $AAVE liquidity
Here are today’s trends to watch from Curve Market Cap.
Huobi rang in the New Year with their “Gold Mining” campaign via Curve yesterday. The terms simply ask users to lock HBTC through their interface to be deposited on Curve. The effect was to increase the HBTC pool volume on Curve 5x, up to $8MM volume and fifth highest on the day
$AAVE pool users beware, because the pool is facing a USDT imbalance, you may need to use 3pool if transactions are unable to go through due to high borrow demand. The pool has been solid since launch, currently returning 8.85% APY in trading fees.
Because $USDT is fully lent out on @AaveAave, you may experience difficulties swapping to USDT in Y and BUSD pools.
If you need to swap TUSD or BUSD to USDT right now, better to swap them to USDC, and USDC to USDT in 3pool
