Curve

A new MIM/crvUSD pool has been added on the Arbitrum network, along with a voting option.

A proposal suggests gradually releasing 3.5M ARB tokens over a period of 2 months instead of all at once. This would amount to approximately $1M worth of incentives per month at current prices.

According to @DefiLlama, crvUSD, which was launched in May, generated $4M in fees over the course of 2023.

On January 3, 2024, the first Curve pool was deployed, marking its 4th anniversary.

During times of volatility, crvUSD soft liquidations can result in high losses and some users may even be hard-liquidated. However, despite this, there have been no instances of bad debt recorded on the dashboard so far.

The crvUSD pools on Arbitrum have been launched, and gauges are currently in the voting process.

A recent exploration has shown that using volatile pools for LSDs (low-slip decaying swaps) on Curve can result in 8.5 times higher liquidity utilization and higher natural APY compared to stableswap-based pools. Both types of pools can be created on Curve.

The crvUSD peg is reportedly performing well following recent adjustments to interest rates.

A potential issue in ETH fee conversion has been fixed, allowing for safe conversion again. The community can vote on this through the community-maintained DAO UI.

In response to user requests, we have implemented a new feature on the recovery claim page. Users can now see the yet-unvested amount on this page.