Voyaging across the open seas between blockchains and trading the global emporiums of DeFi | š¦š | š« | $GMX referral code: https://t.co/ySO5FdBeA8
Oct 25, 2021 ā¢ 21 tweets ā¢ 12 min read
With the run up in $CVX and now $CRV, I'm seeing a lot more comments on CT from folks trying to wrap their head around the Curve>Convex>Votium flywheel.
Thought I'd put together a š§µ with resources I used to help myself get "up the curve" on this and invest with conviction /1
First off, let's start with the basics - Curve is the leading AMM/DEX by TVL according to @DefiLlama, across 7 different chains.
You'd need to add the combined TVL of the next 4 DEXs to get over Curve's $18bn. This is one of the bluest of blue chip DeFi protocols /2
Sep 25, 2021 ā¢ 15 tweets ā¢ 8 min read
I'm late to the party with #OHM and @OlympusDAO (although I know, we're all early and WAGMI), so I was trying to explain it to a TradFi friend last night.
Here's where I've gotten so far - my first attempt at a CT š§µ /1
Let's start with what @OlympusDAO is trying to solve for - a truly decentralized stablecoin that ISN'T pegged to the USD, but that IS backed by other crypto assets when issued.
With the looming crackdown in the US on stablecoins, this is more relevant than ever /2
