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Dec 29, 2022 β€’ 12 tweets β€’ 8 min read β€’ Read on X
Dec. 29: 2022 Year in Review πŸ”πŸ”Ÿ
Top Ten Best Events in Crypto this Year

open.substack.com/pub/curve/p/de…

Our least popular opinion: 2022 was a great year for #cryptocurrency

Here's why, in a convenient Buzzfeed style listicle.

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πŸ”Ÿ@ChickenBonds

The bear market and liquidity outflows forced builders to up their game. @LiquityProtocol's Chicken Bonds executed this perfectly.

An inspired concept. Just the right amount of artistic flair. Fun to watch. Perfection!

curve.substack.com/p/oct-27-2022-… Image
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9️⃣ Don’t Step on Snek

Python #web3 tooling took exciting steps forward this year.

* Hot @vyperlang Summer
* Rise of @ApeFramework
* Launch of Titanoboa

Check the recent @PyChainConf for hours of videos covering all the development:
youtube.com/playlist?list=…
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8️⃣ @TornadoCash PushbackπŸŒͺ

You may not see the silver lining in blatantly unconstitutional sanctions and the odious arrest of an open-source dev.

Yet we're encouraged by how the community rallied.

We didn't forget.

We forced changes.

Keep the pressure up!

#FreeAlex
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7️⃣ Big @VitalikButerin Energy

A good general knows how to rally their troops.

This photo brought joy to a dispirited community, dominating the timeline for days.

Nonstop belly laughs. Lost frens returning from McJobs to join the fun. It never got old.

A+ Leadership! Image
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6️⃣ Do Over

Try to imagine the world where @terra_money survived. The toxic influence of "safe" 20% yield. LUNAtic trash talking.

We recognize the pain it caused. Yet we still believe it's an unqualified good $LUNA collapsed, clearing the room for better projects. Image
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5️⃣ $crvUSD White Paper

The impending stablecoin loomed large over the year through periodic leaks.

The 0-to-1 concept even lived up to the hype.

What really sold it was the inspired showmanship of dropping it amidst the @avi_eisen / $AAVE event

curve.substack.com/p/november-22-… Image
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4️⃣ FraxBP

It's difficult to pick a single "best" event from the @fraxfinance activity... $frxETH, FraxLend, FPI...

Yet the success of FraxBP stands out in particular.

The base pair emerged from the 4pool fiasco to reshape @CurveFinance volume.

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3️⃣ @arbitrum Season

How amazing has the L2 performed this year? The $GMX token was nearly the only asset on planet earth to post a gain.

Not only has the stellar year cemented Arbitrum as the epicenter of innovation, it's also fueled the L2 scaling narrative. Bullish! Image
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2️⃣ @SBF_FTX Arrested

Worse than any price action this year was brainlet puff pieces penned about the fraudster after the FTX collapse.

It almost seemed the con artist would skate.

Fortunately, the arrest restored a sense of justice and sanity to the universe.
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1️⃣ The Merge

It would be difficult to overstate the enormity of the technical achievement, all of which was executed flawlessly.

The #Ethereum Merge was an historic event years in the making. If you stuck around this year, you got to be a part of it. Image
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We know highlighting triumphs of the year may be tonally out of step with the current mood.

Just think tho, if this much good happened in a bad year, what might 2023 have in store?

If you enjoyed the thread, take a second to share the first post, it helps a lot! Image

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More from @CurveCap

Sep 16
September 16, 2024: Grin and Bera It πŸ»πŸ˜€
Updates on @NapierFinance and @PrismaFi

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The past few years haven’t precisely been the best time to launch a crypto project.

We have the utmost respect for everybody who has the courage to launch and ship into the headwinds of a grueling bear market.



Some updates on Napier and Prisma
🧡3/11
A few hours ago, Napier officially paused the "Llama Race" points program and postponed their $NPR token generation event

In short, the team felt that technical hurdles pushed the implementation too far from the original vision.

Full details:
Read 11 tweets
Sep 4
Sept. 4, 2024: Make DeFi Great Again πŸ”΄πŸ‘
What's next after World Liberty Financial embraces @Aave?

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We'll confess, when we first heard about @worldlibertyfi, we were among the losers and haters who dismissed it as a joke.

A memecoin platform, or at best a real estate trading platform, we figured.

Then they fired the first shot that caused us to reconsider...
🧡3/8
Their first announcement:

If you’re unfamiliar, all you need to know is @CoreyCaplan3's IQ stands out as exceptional even in an industry already teeming with gigabrains. He plays with financial topics the way Mozart handles a piano.

Follow him!
Read 8 tweets
Aug 26
August 26, 2024: Incentive Season β˜ƒοΈπŸ’Έ
We were promised $CRV emission cuts, how did we get incentives paying 2:1?

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We're excited to announce Incentive Season has arrived!



It's the magical time of the cycle where vote market efficiency has peaked at nearly 2:1!

Is this a FREE MONEY HACK?!?!?
🧡3/10
At present, $1 in incentives buys a whopping $1.98 in emissions.

Explained in the tooltip on

Don't panic about use of the vernacular "bribers" -- it's an unbawdlerized term for "incentive providers" used when we don't think TradFi is watching...llama.airforcehttps://llama.airforce/incentives/overview/votium/cvx-crv
Read 9 tweets
Aug 14
🐍 Curve @LlamaLend Titanoboa Tutorial 🐍
Lesson 5: Soft Liquidation
This unit shows off how to perform soft liquidations by executing basic trades into and out of the AMM.

We also show off some basic Matplotlib plotting and boa's anchor command.

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Before tackling this lesson, recommended to review lessons 1-4!

The `` file squashes together of all the code from prior units, skipping everything from setting up boa to launching the necessary @llamalend infrastructure.

l4.py
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We cover many of the functions that put the "AMM" in "LLAMMA", so keep the companion repository at the ready as you go through this lesson:



Familiarity with the @llamalend UI can also be helpful in understanding collateral conversion charts! github.com/curvefi/boa-tu…
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Read 4 tweets
Jul 30
July 30, 2024: Dock or No? πŸš€πŸ€΅
Recapping the $clevCVX / $pxCVX debate

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It’s been so long since we saw a green candle…

Nobody knows what it means, but it’s provocative… it got the people going…

Blessed are those who could just enjoy the $CVX pump.

For the rest of us... a lengthy essay that sparked a firestorm:

Image
🧡3/17
Of course, @0xC_Lever fans rebutted with a must-read essay:



The conversation would continue in replies, adding nuance to how CLever works and some level of agreement on whether users can get "stuck"
Read 16 tweets
Jun 14
June 14, 2024: CURVE FEE SWITCH? 🌈✨
Amidst the noise, the four most important updates from the past day regarding Curve Finance

β€’ CURVE FEE SWITCH 2-3
β€’ BAD DEBT CLEARED 4-6
β€’ LLAMA LEND LEVERAGE 7-8
β€’ CURVE WARS 9-14

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CURVE FEE SWITCH
Quite literally, Curve may be switching fees from 3CRV to $crvUSD. The vote is live!



It's by no means a done deal, lots of people prefer using $CRV, $TriCRV LP tokens, et al...curvemonitor.com/#/dao/proposal…Image
🧡3/15
Even given the uncertain vote, the Curve "fee switch" is a lot more likely to materialize than other protocols' fee switch.

Much quicker too... this has been in discussion about 6 months, with a lot of legwork on the backend to make it a reality!

Read 14 tweets

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