Discover and read the best of Twitter Threads about #vecrv

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A thread about bestLSD

bestLSD is a unique liquid staking protocol that utilizes both real-yield assets and high-yield staking assets to build a growth flywheel, to bring the best yield and liquidity for stakers. πŸ‘‡ /1
#GLP #veCRV #gDAI #veVELO #veLIT Image
A. Why build this protocol?

We believe that there's a chance for using growth hacking strategies to become a major player in liquid staking. And build an ecology that benefits Ethereum eco, stakers, as well as token holders.

Growth! Go big or go home. /2
B. How to go big?
Maximize staking yield & liquidity for stakers /3
Read 15 tweets
yEarn just released a #veCRV vault that completely changes the game for the #Curvefinance ecosystem.

πŸ‘‡In a big ol' tweet thread, here's what I know so far πŸ‘‡

If you don't know the #CRV mechanics, the tldr is $CRV can be time locked to get $veCRV. This entitles the holder to a cut of fees on the platform. It decays over time and you cannot retrieve your $CRV until the lock expires. This also gives the holder voting rights
The other function of veCRV is that when you supply liquidity to Curve, there is a base payment made to you in CRV token. When you have veCRV, you can boost the amount of CRV you earn as an LP.
Read 15 tweets

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