Join us this evening for a live Llama Party, featuring the inestimable Scꙮꙮpy Trooples of Alchemix and eGirl Capital! Starting in Discord at 4:00 PM PT, our first ever evening party (to accommodate time zone differences).
The last two days have been blessedly free of too much “news” from DC — given the news lately has been a nonstop full-frontal assault. Sadly, this torrential downpour of regulatory overreach overshadowed so many great updates from the broader flywheel.
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Here’s a few of the notable developments, (please drop anything we missed in the comments!)
All $CRV eventually finds its way into being locked, though the trend has been going in the wrong direction for some time. Bear market effect, or permanent death spiral?
Convex
Convex launched Arbitrum with impeccable timing. Contrary to fears that Arbitrum airdrop users would farm and flee, the chain has continued surging.
There are only three Curve pools on Arbitrum currently earning rewards, but potentially the most interesting one is the newish FraxBP earning 25% boosted rewards. This boost can be more easily realized thanks to the launch of Convex, so we imagine these rewards will come down rather quickly.
Meanwhile, Convex will collect a juicy 901K $ARB for their efforts. Not too shabby…
If you want to gamble based on geopolitical trends, you could do far worse than sniffing around the Reserve ecosystem. Cryptocurrency adoption in Latin America is meaningful, and Reserve’s platform has been focused on building for the region.
Reserve is a protocol allowing anybody to build their own circular economies. One stablecoin, $eUSD, recently launched on their platform to a strong start. Their pool has recently yield an unbelievable 53% boosted tAPR at the moment.
Impossible? Don’t forget here that Reserve has been heavily accumulating cheap $CVX to prepare for exactly this scenario. What you’re seeing is a project playing the game to perfection.
Conic Finance’s smooth launch continues, as they continue voting the future of the protocol. Worth highlighting, 1 $vlCNC is controlling almost $80 worth of liquidity!
As the top tier of stablecoins face cruel and unusual backlash, a whole new generation of stablecoins is rising from the ground up. In the midst of these launches, here are some details forget about $DINERO from Redacted Cartel…
Silo Finance started with just a handful of risk-siloed protocols, and is continuing to grow their offering. Recently they launched $ARB and $PREMIA silos.
We’ve yet to review Zunami Protocol in full, but the pool’s stellar launch is definitely on our radar. Their gauge vote was recently passed by the DAO:
