Curve

According to the latest report, borrowing rates have reached unprecedented lows, marking a significant period of time since such rates have been observed.

As of January 21, 2024, the long-awaited ARB incentives have been introduced on the Arbitrum pools.

As of January 18, 2024, fees on the Curve platform have stabilized.

A proposal has been made to compensate the losses incurred by the @JPEGd_69 DAO in the July hack. The proposal suggests locking the compensation for having veCRV voting power. The funds from Curve Grants multisig will be used, and a DAO vote will be conducted on chain to release the funds.

An ARB streaming test, which involved streaming a small amount over a few minutes, was successful. The actual distribution of ARB to gauges is expected to occur in a week.

CrUSD generates fees by itself when it is borrowed in these pools.

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.