Ahead of the Curve#005
In governance...
Since our last newsletter, the stETH pool has been added to the protocol. This pool will be incentivised by CRV from Thursday and will also receive LDO, the governance token for Lido which will also distribute Ethereum2.0 staking rewards to the pool.
The team is currently working on finalising cross-asset swaps, a new type of swap using Curve and Synthetix as a bridge. Those swaps will let traders trade between different Curve assets as long as they share a pool with a Synth (like sUSD, sEUR, sBTC and sETH). It will open routes that are currently difficult to trade like Euro trades for example. It is currently under audit.
It's fully built and sitting in dev deployment env. As soon as we pull the trigger it's game over. 🔥
— Julien Bouteloup (@bneiluj) January 9, 2021
More TVL, More Volumes, More fees for CRV stackers. pic.twitter.com/QUvjMUCMEe
And finally, Curve is celebrating its first birthday today as we're closing in $2b in TVL.
Curve is one year old today and it looks like we'll have a few things to celebrate pic.twitter.com/MkCb0rTr59
— Charlie - Curve.fi (@charlie_eth) January 10, 2021
In the ecosystem
Alpha Finance announced a new partnership with Curve and others aiming at developing new leveraged strategies
#Alpha is starting a new year with #AlphaHomoraV2 that'll be launched this month in January! 🔥@CreamdotFinance, @SushiSwap, @CurveFinance, and @BalancerLabs officially join #AlphaHomoraV2 as partners to bring growth the whole #DeFi.
— Alpha Finance Lab (@AlphaFinanceLab) January 7, 2021
Thread 👇🔥https://t.co/Bmsy2JV117
You can read more about Alpha v2 below:
Tascha Punyaneramitdee
In the news
Decrypt discusses the implications of the new stETH pool.
Alexander Behrens
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