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Savings crvUSD gives 16.4% rate currently
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What is the first observable effect of Savings crvUSD on the system? Everything starts from crvUSD peg being improved (while loans which mint crvUSD are still open). And indeed, that is what we see!
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A proposal to update Controller and AMM for crvUSD and LlamaLend just dropped. It affects only future markets (existing ones cannot be upgraded by design, even by the DAO). https://gov.curve.fi/t/new-amm-and-controller-implementations-for-crvusd-and-llamalend/10378 https://curvemonitor.com/dao/proposal/ownership/903
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Earn yield just by holding the $sCRVUSD stablecoin in your wallet. This yield is generated from the borrowing activity within the Curve crvUSD platform. Simply acquire $sCRVUSD through the Curve website or use aggregators like @1inch, @odosprotocol or @CoWSwap to get started
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Most interesting yields this week on Curve with boosts available directly or from @ConvexFinance and @StakeDAOHQ - LlamaThena: $sUSDe / $sCRVUSD @ethena_labs - SaveDola: $sDOLA / $sCRVUSD @InverseFinance - $weETH / $WETH @ether_fi
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A couple of pools with scrvUSD seem to still offer some of the best yields
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