Tag: CRV
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Decentralized Finance Community Votes for Reimbursement of $61M Hack Victims
Reimbursement Approved for Hack Victims On-chain data confirms that the majority of Curve Finance’s community members have approved the disbursement of tokens worth more than $49.2 million to compensate for the losses incurred by liquidity providers in various pools, including Curve, JPEGd, Alchemix, and Metronome. This reimbursement considers the value of Ether (ETH) and CRV […]
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Curve Finance Repegs CryUSD to $1, Impacting Stablecoin Market and DeFi Ecosystem
The Repegging of CryUSD Explained The decision to repeg CryUSD to $1 goes beyond a technical adjustment. It holds significant implications for investors and the wider cryptocurrency market. Moreover, the move raises questions about the potential impact on the DeFi ecosystem, given Curve Finance’s prominent position in the space. Curve Finance’s Role in the Stablecoin […]
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Curve Finance Takes the DeFi World by Storm as Trading Volume Soars to New Heights
As the US announces plans to sell 26 million barrels of crude, oil futures fall. Following the announcement that the US government will move on with its plan to sell an additional 26 million barrels of crude oil from the Strategic Petroleum Reserve, oil futures prices fell on Tuesday. In order to honor its promise […]