Frens, I want to share with you our recent paper: tldr: We proved, from first principles, that LvR is actually not hurting LPs. Also, we have a SDE which gives us the amount of arb activity from the volatility of the asset and AMM fee.

How often does a stable/stable pair print 6% base APY? fxUSD/USDC Curve pool: 300% utilization, $23m daily volume on $7.7m of liquidity, 99% staked. Yield isn't subsidized when the pool is this used.

Tangent’s public Pre-Deposit campaign: Monday, May 18th. Provide liquidity with $USDC or ethereum:0xcacd6fd266af91b8aed52accc382b4e165586e29, hold your position, earn yield, and secure your share of $TAN tokens. Details below 👇

CONVEX TURNS 5 THIS WEEK! Convex Finance turns 5 years old on May 17th! 🎂 Every day this week we're celebrating the partners that made it all happen — starting with @CurveFinance, the protocol Convex was built on and the engine behind everything we do. But 5 years means nothing without the community that's been here since day one. To celebrate, a special channel "anniversary-club" just dropped in our Discord! This is for existing members only. If you joined Discord after the dates mentioned below, you do not qualify. Join dates are checked automatically against your Discord profile. If you've been here a while, react in the new channel to get verified for one of these 2 new roles: 🥇 Convex OG — Joined on or before Dec 31, 2021 🥈 Convex Veteran — Joined Jan 1, 2022 through May 17, 2024 Don’t forget to claim your OG or Veteran role if you qualify. Our bot will collect wallet addresses for future rewards. 👀

I propose a method to clean up underbacked (after 10/10 market crash) loans at @CurveFinance CRV LlamaLend market, permissionlessly. * Curve DAO invited to vote for pool; * Market participants to study the opportunity; * Arb traders to make bots.