Discover and read the best of Twitter Threads about #veCRV
Most recents (2)
A thread about bestLSD
bestLSD is a unique liquid staking protocol that utilizes both real-yield assets and high-yield staking assets to build a growth flywheel, to bring the best yield and liquidity for stakers. 👇 /1
#GLP #veCRV #gDAI #veVELO #veLIT
bestLSD is a unique liquid staking protocol that utilizes both real-yield assets and high-yield staking assets to build a growth flywheel, to bring the best yield and liquidity for stakers. 👇 /1
#GLP #veCRV #gDAI #veVELO #veLIT
A. Why build this protocol?
We believe that there's a chance for using growth hacking strategies to become a major player in liquid staking. And build an ecology that benefits Ethereum eco, stakers, as well as token holders.
Growth! Go big or go home. /2
We believe that there's a chance for using growth hacking strategies to become a major player in liquid staking. And build an ecology that benefits Ethereum eco, stakers, as well as token holders.
Growth! Go big or go home. /2
B. How to go big?
Maximize staking yield & liquidity for stakers /3
Maximize staking yield & liquidity for stakers /3
yEarn just released a #veCRV vault that completely changes the game for the #Curvefinance ecosystem.
👇In a big ol' tweet thread, here's what I know so far 👇
👇In a big ol' tweet thread, here's what I know so far 👇
If you don't know the #CRV mechanics, the tldr is $CRV can be time locked to get $veCRV. This entitles the holder to a cut of fees on the platform. It decays over time and you cannot retrieve your $CRV until the lock expires. This also gives the holder voting rights
The other function of veCRV is that when you supply liquidity to Curve, there is a base payment made to you in CRV token. When you have veCRV, you can boost the amount of CRV you earn as an LP.
