$CRV is the Lynchpin of the DeFi ecosystem. As we went from 🐂 to🐻 the #CurveWars never stopped. A /268 🧵to go into the curve wars entirely is beyond my ability. I will only focus on one part of the many available strategies: Collateralizing your $CRV Lets dive in 1/11
2/11 Collateralizing your assets can be RISKY ☠️. If the asset goes ⬇️ instead of ⬆️ you can be LIQUIDATED and Loose your 💸. Please be careful and do not consider this Financial Advice.
3/11 Collateralization is borrowing against an asset. In a 🐻 market, when maybe the bottom is in, people will borrow $Stables against assets to buy more of the asset that they hope will 🚀🚀. Deposit 1K $CRV, Borrow $500 $USDC Buy more $CRV. $CRV ⬆️, Payoff loan, Profit (NFA)
4/11 The dApps that allow you to do this in crypto are called Money Markets. In this 🧵 we will look at @AaveAave @fraxfinance (FraxLend) @MIM_Spell @0xC_Lever and @CurveFinance if you know of any other ones worth mentioning, please comment below.
5/11 @AaveAave is tried and true. for $CRV they allow a 52% LTV (Loan to Value) One thing I like about $Aave is that their vaults are not isolated. This means that at anytime you can swap your collateral $CRV to another asset without repaying your loan. 
6/11 @fraxfinance Many say that $Frax is 🥇 in the #CurveWars. They own a ton of $CVX. They use it & @Votium bribes to increase the yield of their pools (10% $frxETH yield So 🔥 right now) they also have FraxLend which lets you borrow $Frax against $CRV (& $CVX) at 75% LTV
7/11 @MIM_Spell allows 75% LTV. With a unique 1-click 4x leverage (Deposit, Borrow ,Deposit, Borrow...Etc) $MIM gets FUD in regards to their $1 Peg, However when a slight depeg has happened, Borrowers take advantage, buy discount $MIM to payoff their loans thus restoring the peg.
8/11 @0xC_Lever is being listed for a future product $Clevcrv ($ClevCVX is already live) $ClevCRV will make your asset interest-bearing and allow you to borrow 50% LTV in a NON-LIQUIDATABLE loan that is SELF REPAYING! True DeFi Magic!
9/11 @CurveFinance future $crvUSD Stablecoin will allow dynamic loans against many collateral types with Fees being distributed to Locked $veCrv holders. Read more about this by following the $CRV Chad @CurveCap #Curvewars Frontline Reporter tinyurl.com/55rawbsc
10/11 Honorable mention goes to @AlchemixFi and @scupytrooples. $ALCX pioneered Non-Liquidatable Self Repaying Loans. Rumors say that they are working on Programable Vaults that let you choose your Repayment Strategy possibly including $CRV & $CVX Pools
11/11 Thank you for reading this far! Please like & Retweet the first Tweet. Also, please note that I have had and may have positions in any of these protocols at any given time. I am also a $CLEV Booster. For Educational purposes only.
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