June 14, 2021: Connecting the Dots 💠⛓️

Curve heads to Polkadot, MIM faces contentious vote

Curve to Polkadot

Curve crossing to another chain?

Curve Finance @CurveFinance

An implementation of Curve Finance for Polkadot's substrate (admin fees to be connected to Curve DAO)

Equilibrium @EquilibriumDeFi

.@CurveFinance’s automated market maker technology is now implemented on @Polkadot, thanks to a grant from @web3foundation and our own development efforts. The next step is to add Curve to our @Kusamanetwork-based parachain @GenshiroDeFi. Read more: https://t.co/bhjQRuj4Lb

Equilibrium @EquilibriumDeFi

.@CurveFinance’s automated market maker technology is now implemented on @Polkadot, thanks to a grant from @web3foundation and our own development efforts. The next step is to add Curve to our @kusamanetwork-based parachain @GenshiroDeFi. Read more:

bit.lyThe W3F Grant is completed and our Curve implementation to be launched on Genshiro first, our…We’ve previously covered our receiving a grant from the Web3 Foundation to bring Curve Finance to Polkadot. As we announced our plans to launch Genshiro, Equilibrium’s canary network on Kusama, we…

Curve already had some limited Polkadot exposure via StaFi and the rETH pool, but this a more native implementation. The code is available for perusal and the next step will be to push it live to Genshiro, a Kusama-based parachain integrating several DeFi protocols.

Most important for Curve maxis, fees will accrue to veCRV holders in the form of GENS and EQ. Neither coin is yet available for trading, or at least trading activity is not yet tracked via CoinGecko and Coin Market Cap. Of course, a lot of activity on Polkadot is roaring to life as we speak. Polkadot promised their launch was predicated on successful parachain auctions, which are happening as we speaking.

Polkadot @Polkadot

Polkadot’s parachains launch is expected to begin once two things have happened: 1. A full external audit is completed. 2. @kusamanetwork executes at least one successful auction involving crowdloans and hosting at least one functional parachain. Read more from @gavofyork:

kusama @kusamanetwork

1. Upgrade yours truly to version 0.9. ✔️ 2. Deploy Shell parachain. ✔️ 3. Governance votes to upgrade Shell to Statemine 24 hours after Shell is deployed. 4. Begin auctions. 5. ₑₓₚₑcₜ cₕₐₒₛ. Read more from @gavofyork: https://t.co/UjYJfApUYJ

kusama @kusamanetwork

• 2021/06/22, 12:00 GMT: 2nd Kusama Parachain Slot auction begins. • 2021/06/29, 12:00 GMT: 3rd Kusama Parachain Slot auction begins. • 2021/07/06, 12:00 GMT: 4th Kusama Parachain Slot auction begins. • 2021/07/13, 12:00 GMT: 5th Kusama Parachain Slot auction begins.

Mind you, if you are worried about the recent carnage brought about by the effect of so many doggie coins, you can be relieved that Genshiro is back to breeding kitty cats.

Chainlink - Official Channel @chainlink

.@GenshiroDeFi integrates #Chainlink Price Feeds into its collection of cat #NFTs, with purchases helping fund their Kusama parachain auction bid. Each dynamic NFT will mint a golden cat version if the underlying asset it represents hits a certain price.

chn.lkGenshiro Integrates Chainlink Price Feeds In Its NFT TokensGenshiro is going to release a limited run collection of NFTs featuring cats pertaining to different cryptocurrencies. BTC, ETH, DOT, KSM, GENS, and EQ will all be represented here, and they’ll be…

Curve Finance @CurveFinance

@DefiDrew @DegenSpartan Dogs live with humans for thousands of years, and DeFi is only very recent 🤔

Speaking of NFTs, check out this beaut

Valkyr-Ξ @Valkyrie_NFT

Our third Valkyr-Ξ, Cali, has arrived. Cali, the stable genius. Swift and nimble, she never slips and always delivers. Need cash? Summon her and she’ll make it rain(bow) in a flash. Get yours on rarible.com/token/0xd07dc4… @CurveFinance

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MIMs the Word

As we saw with the surprise rollout of Curve v2, we often don’t know what will happen until it is launched, other than occasionally teases from the Curve Account.

Curve Finance @CurveFinance

@Tether_to Euro tether you say? 😏

The governance forums provide the most reliable snapshot when you want to guess at Curve’s future. At the moment, one proposal is looking extremely hazy. A hypothetical $MIM Metapool is running neck and neck.

Curve Finance @CurveFinance

Hmm, MIM proposal looks fairly contentious. Which side will win?

signal.curve.fiSnapshot

🧙🏼‍♂️ @MIM_Spell

🧙🏼‍♂️! A proposal is out to add a [MIM-3Pool] Metapool to @CurveFinance !🔥 You can find it here: gov.curve.fi/t/scip-40-addi… 📖 Signal Voting Starts today at 22:30 CET!🗳 Raise your wands and cast your vote here: signal.curve.fi/#/curve.eth/pr… 🪄🔮🔥

MIM is short for Magic Internet Money, a Harry Potter themed protocol provided by abracadabra.money. The team allows you to borrow MIM coin by lending assets including $yvYFI, $yvUSDT, $yvUSDC, and $xSUSHI.

You can check additional details from these recent reviews:

Rafi_0x @Rafi_0x

1/ $SPELL @MIM_Spell (abracadabra.money) > A new DeFi primitive allowing users to borrow against interest bearing tokens (such as yearn yvTokens) > Staked $SPELL will earn 75% of interests on all loans > Multi-chain integrations with Fantom, Polygon and BSC in the works

BoringCrypto @Boring_Crypto

I just published Magic Internet Money Review link.medium.com/XF0c2iU1Xgb $MIM $SPELL $sSPELL

We don’t know who is so opposed to MIM — they haven’t created a username at our leaderboard — but we know they have more veCRV than Curve’s parent entity and 8 figures invested.

¯\_(ツ)_/¯ jordi Morris @JordiMorris1

signal.curve.fi/#/curve.eth/pr… there's a $13M curve wallet voting against adding MIM-3Pool to curve metapool. 890k veCRV voting power against MIM

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Brownie Tutorial

Finally, if you get a chance, we’d love to hear your thoughts on our latest Brownie Tutorial, especially as we’re starting to out of introductory material and launching into some more practical applications.

Curve Market Cap @CurveCap

Brownie Tutorial 10: Parametrization Test depositing into a range of Curve pools

youtube.comLesson 10: Parametrization🎥 Parametrized Testing 🎬Brownie utilizes Pytest, which has advanced testing capabilities. Pytest’s parametrization capabilities allow you to execute your ...

In particular if you have any pain points interacting with Curve or any DeFi site ping us with your use case, we might build it into a demo solution!

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For more info, check our live market data at https://curvemarketcap.com/ or our subscribe to our daily newsletter at https://curve.substack.com/. Nothing in our newsletter can be construed as financial advice. Author is a $CRV maximalist, has no other stake in mentioned coins or pools.