Hold up, theyβre cookinββ¦
We were recently tipped off about this doozy of a poolβ¦
In one of the more interesting applications weβve seen of Curve Lite lately, the EYWA team has deployed this doozy of a CrossCurve pool to Sonic. More on Curveβs deployment on Sonic here:
This new pool consists of the native $CRV token on Ethereum, Arbitrum, Base, Optimism, Polygon, Gnosis, Fraxtal, and Fantom.
The CrossCurve app has been steadily building out their solution to bridging for quite some time, powered by Curve underneath the hood.
As itβs been gradually coming online, initially to bridge stablecoins but now branching out to other tokens, the CrossCurve bridge has been winning plaudits (of course you should always click referral links!) for its speed and UX.
If you were around for DeFi Summer 1.0, you may remember Andre building and shipping interesting new DeFi apps onto Fantom, the prior incarnation of Sonic. The resurgence of this trend almost is giving DeFi Summer 2.0 vites.
At the moment liquidity is low on CrossCurve, meaning bridging is best performed with small amounts. However, rising TVLs would solve this problem, but the EYWA team seems to have more plans via their $EYWA token. More on $EYWA from our prior Llama Party:
The EYWA team has been ramping up incentivization of their various pools, especially in the wake of their token launch (notably using VoteMarket v2 to incentivize some pools even before the official token launch).