March 23, 2021: I Earn, You Earn... 🆙🆙🆙
We All Earn With #Yearn
Here are today’s trends to watch from Curve Market Cap
Feeling a yearning for some earning? Anybody sitting in the Y pool on Curve saw 30% APY plus rewards last night. Wew!
What’s happening? With so much incredible progress our of Yearn lately it’s tough to guess at just one cause. Here’s a quick rundown of some of the coolest developments across the rapidly expanding Yearn empire.
All Time Highs
Many degens are rediscovering Yearn this year and impressed by what they see in the new paradigm. Since the start of the year both volume and yields have been climbing rapidly.
Since last fall’s dropoff, TVL has smashed past the all time highs, peaking above $1.4B. Particularly good news is that so much of this is coming through Yearn’s v2, with over half a million of what they call “dollaridoos”… (a bit of an odd name… we’d have called them chazzwazzers)
The move to v2 was particularly crucial for security, given a rash of DeFi hacks directly targeting Yearn. While this may have taken some wind out of their sales, hopefully it’s ancient history and weekends will be freed back up.
Zapper
Yearn already made yield farming easy, but their integration with Zapper makes it even easier.
The celebrity couple name they’re settling on looks to be “Yapper”… which is a bit of an odd name, we’d have called it Zearn.
For more background check out the recent interview with Zapper founder @cryptonomik
Curve Integration
What’s better than Curve? Maximum Curve!
Yearn makes is particularly easy to max out rewards on Curve, and the tight integration has been great for both ecosystems.
Deepening the symbiosis, Andre Cronje deployed https://crv.to/, a great new site that not only provides great integration with many of the Curve Factory farms, it also features a beautiful glowing orb logo you can stare at all day while waiting for your yields to manifest.
At this rate are we trending to infinity? Or maybe we’re already there?
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 Curve maximalist.