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Curve Finance
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Curve Finance launches 'Savings crvUSD' yield-bearing stablecoin https://cointelegraph.com/news/curve-finance-launches-savings-crv-usd-yield-bearing-stablecoin via @cointelegraph
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Curve Finance
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Ethereum gas finally started calming down, so depositing to Savings costs around $10 in gas right now
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Good organic yields?
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The era of scaling crvUSD is here! Savings crvUSD (scrvUSD) - Curves’s yield-bearing stablecoin - is officially launched! It is the safest yield you can get with crvUSD. Depositors get a share of fees earned by the crvUSD system with 0 lockups. Use it here: https://t.co/qi1QWngjp8 Detailed announcement:
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Friday, the final day of @devcon, @CurveFinance co-host an evening event with @protocol_fx and @0xinfini. It's the launch party for savings crvUSD (scrvUSD) http://crvusd.curve.fi Drinks and stablecoin yields are on us! https://lu.ma/stablefarmers
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With 2M crvUSD inside Savings, this new part of the system is already sustainable (savings rate (17.5%)< borrow rate (24%+)). And that is even before the official UI is up!
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