If you are still confused after reading through the XB3 introduction as well as the token migration article, feel free to engage with us on one of our social channels!
We are super excited about the XB3 upgrades! 🍯🍯
3 is a magic number!
Important Notices:
- The snapshot is planned for the middle of this week.
- All liquidity providers will need to withdraw their assets prior to the migration taking place.
- All XBE in wallets, staked or unclaimed rewards will be minted directly to users’ wallets
Defi 1.0 - Legacy projects that incentivize liquidity via native emissions
DeFi 2.0 - Protocols attempt to solve the problem of sustainable liquidity using Protocol-Owned Liquidity
Defi 3.0 - Protocols that have low or N🚫 emissions w/revenue payment in non-native tokens 👀
Transcending Curve liquidity into a fungible, ERC20 compatible, yield bearing pool share token that earns by holding, can be fractionized, and can be sent 👀
We are yet to unlock the potential of gas and capital efficient Curve LP🐝
HIVE IS PHASE 1
Short thread about $CRV inflation
1/6
Many don't understand the emission schedule of @CurveFinance's token $CRV. (me included until 20mins ago)
Each year the inflation decreases by around 16% compared to the previous year. The exact formula for which I've attached as a photo.
This ecosystem is still in its infancy! 🐝
We are excited to bring TradFi into it while unlocking capital efficiency for Curve LP
A big congratulations to @ConvexFinance on their achievements over the last year.
Lets bring DeFi to everyone! 🍯