Thread by @crypto_gav

Time to smash out a ELI5 on how to use @CurveFinance as I’ve had a few people ask me.

Personally I find the whole thing confusing but I’ve figured it out without involving any dead hard sums, just some banging on a keyboard until I get the desire result >Lots of yummy $CRV
👇

Curve.fi obvs to get started. Curve home is access to the DeX. Here you’ll also see your weekly claim to $veCRV fees - Vote Locked $CRV. Will get into that later.

Keep scrolling anon

Down the page you can see all the pools & 24hr vols.

Here you view the apy’s available. Going to be focusing on $USDN pool for this example. The 2.24% is trading fees & the 54-136% is what’s available in $CRV depending on your boost from vote locking $CRV upto 2.5x

Back up the page & let’s head for the DAO. Here you have a new a bunch of options. Think of Curve home & DAO as 2 separate pages & headers.

We’re going to focus on >
🚀Gauge Weight Vote
🚀Calc
🚀Locker

Let’s head for🚀Calc

You can lock your $CRV for upto 4 years. The longer you lock the more voting power you have & also more boost.

10k $CRV locked for 4 years = 10k $veCRV
10k $CRV locker for 2 years = 5k $veCRV & so on you do the math.

Play around with the Calc to see 👇

You need to decide whether to lock or not. I bought $CRV when it was tanking last Sept $1.40 & down to $0.40 & kept locking it up for 4 years. You also get trading fees ontop of this currently 7% apy but ranges & I’ve seen it as high as 30%

You can still farm without locking!

Alright back up & let’s figure out what sort of boost + deposit will get us MAX $CRV 🚀

Play around here. Input amount & $CRV locked > how long > then you’ll see the boost.

As per example > $20k Deposit + 10k $CRV locked 2 years = 1.92x

$20k + 10k + 4y = 2.5x MAX BOOST🚀

Actually you can use upto $23k with above example & still hit 2.5x #SENDIT

Play around with said amount locked in all the different pools & write that shit down. As you will benefit from boosts across multiple pools instead of targeting 1.

Some are easier to boost that others

Ok back up to top of page & let’s go to locker. Here is simply where you lock for desired amount of time as per your decision.

My next harvest in about a month I plan to lock & compound more. Curve emissions halve this August so I want to farm it hard over next 6 months

Gauge Weight Vote is where you can do a weekly vote with your locked $CRV >> $veCRV

Here you can see the next weeks apy’s. I leave this to the whales to duke out. I’m just here to piggy back those juicy apy’s. Unless there is big vote wars they will stay pretty stable.

Clicking on any of the listed tokens on Gauge Weight Vote will take you to the DeX. Here is the direct swap pool. But go to deposit. You can enter the pool here with 1 or multiple tokens.

Enter amount & ‘Deposit & Stake in Gauge’ > This will be do a series of tx’s

After haemorrhaging $$ on gas you can now head back to DAO & scroll down to see your ‘gauges’

Here you can see your deposit & boost. Also you can claim here or do a claim all at top of page.

Any Q’s hit me up 🤙🍤👩‍🌾