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Nuel
@Nuel_fxt
writing fx/Defi enthusiast technical analyst
参加 August 2022
307 フォロー中    203 ファン
I keep seeing people compare clevCVX to liquid wrappers like cvxCRV. I don't think that's the best comparison. clevCVX is closer to a zero-coupon bond than a wrapper. You borrow against your CVX, and instead of making periodic repayments, harvested bribes gradually reduce your debt until the Furnace clears your position. It's a simple way to unlock liquidity while keeping your long-term CVX exposure. TradFi has used zero-coupon bonds for decades. @0xC_Lever brought the concept onchain.
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