DeFi: The Curve Wars

Written by kadeemclarke | Published 2021/12/16
Tech Story Tags: defi | decentralized-finance | blockchain | cryptocurrency | cryptocurrency-investment | investment | curve-finance-defi | curve-wars

TLDRThe Curve War is leading to increased buying pressure for $CRV, which has risen by 70% over the last month. Users who lock up Curve are getting huge farming incentives in the form of $CVX, $SUSHI, and $SDT. YearnFinance and Convex are the biggest competitors so far, but Yearn is not pure competitors. The war isn't ending anytime soon and it will get even more fierce if more competitors come into play and the protocols are forced to increase user incentives.via the TL;DR App

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Written by kadeemclarke | Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs
Published by HackerNoon on 2021/12/16