TVL is a double-edged sword that displays a community's clout but works against LPs wanting to earn a high APR.
Each million of TVL requires another $100k annual LP shared earnings to deliver enough return to mitigate platform risk.
@ru_defi There's a lot of communities focused on CRV staking. I like the collective thrust aimed towards seeing Curve continue to be a top tier DeFi protocol.
Nurturing the @CurveFinance community by accelerating the number of CRV staked for the full 4-years for full power veCRV.
Our DAO seeks to build a community a la @ConvexFinance to continue to limit the supply and increase the demand for CRV.
Join us.
https://t.co/fmj7CBTo37