November 7, 2023: Venus de Crypto🗿🏛️
Mich proposes a partnership between Curve and BSC's Venus Protocol
$crvUSD Up-date
It doesn’t take a mathematician of Mich’s caliber to guess what comes next in this sequence…
Who is going to take out lucky loan number 1000?
Unfortunately, with rates going up, it may be some time before somebody bites.
Our guess would be it’s a BTC loan, since these are still profitable rates for BTC, and we consider $crvUSD to be the “killer use case” for orange coin.
Fortunately, it’s not just borrow rates that are up only around $crvUSD. Everything else about $crvUSD is on the up and up.
Venus de Crypto
Now this is getting interesting…
So what is Venus, and why is it getting such direct attention??