Curve Finance: The $250M bribes talk you shouldn’t miss out on

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

CurveFinance: The $250M bribes talk you shouldn't miss out on

Bribes serve as an incentive for voting on gauge weights and can lead to the injection of more liquidity into pools as a secondary effect.or through Votium on the Convex, which is a layer above.

The individuals can earn bribes by holding onto the vlCVX token, which is an instrument of Convex Finance. Based on Dune Analytics’ data, it was observed that over the last few months, the APR provided by the vlCVX token fell from 30.72% to 23.17%.This decline in vlCVX’s APR and the subsequent fees paid out could signal the fact the Curve protocol may be struggling.Another indicator of the Curve protocol facing challenges would be the fall of its share in the DEX space. Since the beginning of the year, Curve Finance’s dominance in the DEX markets in terms of volume fell from 15.2% to 6.2%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Doug Ford’s campaign finance law struck down by courtThe Ontario Court of Appeal has struck down Premier Doug Ford’s controversial campaign finance law that limits spending by unions and other third parties. yet it did it's job, didn't it? our dear leader 'Don' mafia Ford himself and all his useless enablers are running Ontario like a script right out of The Sopranos! all hail the fat fuck himself and his mafia buddies as they care nothing about anyone and only seek personal wealth! Another loss for Doug and more wasted tax dollars. Oh no his developers won't be able to give him money
Source: TorontoStar - 🏆 60. / 55 Read more »