TVL: $632,724,261 (+5.1%)
PRICE: $25,901.46 (+9.5%)
Product:
veCRV Rewards Simulator
Simulate how much rewards you get from your veCRV.
— banteg (@bantg) November 29, 2020
For example, yveCRV vault is to get $86,713 so far.https://t.co/bkGx8c8rWE pic.twitter.com/UFuVwalf94
yVaults Explained
Presenting @iearnfinance yVaults <> @CurveFinance <> @1inchExchange
— vasa (@vasa_develop) November 29, 2020
(Yearn Vaults v2 diagrams coming soon)
How do Yearn yVaults work?
Thread 🧵👇 pic.twitter.com/NeavyDIJ19
Governance:
General Chat: yveCRV liquidity - time for CREAM synergy
@cryptoyieldinfo posted the more yveCRV the better for the YFI ecosystem through boosting all Curve vaults.
We need to incentivise CRV/yveCRV pool liquidity to encourage more CRV conversion to yveCRV. If people can see a route back out of yveCRV they will be more likely to enter yveCRV vault.
A mechanism could be taking advantage of the integration with $CREAM.
Yearn & Cover Collaboration
@andrecronje posted that Yearn and Cover Protocol join forces. Providing cover has been a key initiative at Yearn since working with Nexus Mutual to launch yInsure. Yearn developers have been working with Cover Protocol devs since inception, so this coalition comes natural for both. The two teams working together as one will help optimize, enhance, and amplify the work that is already underway. Yearn can focus on its best-in-class vaults, while Cover becomes the backstop coverage provider for the Yearn product suite, as well as for DeFi as a whole.
Community:
Yearn + Sushi
Yearn community member @andy8052 was able to help our friends at SushiSwap when they needed help patching up an exploit that was found in one of their smart contracts
Happy to have been able to help with this https://t.co/VWdMlL51nl
— andy (@andy8052) November 29, 2020
M&A
Medium
$CORN
$CORN tokens claimable now! https://t.co/O1JvgHBlaG
— Pickle Finance 🥒 (@picklefinance) November 29, 2020
Thanks @bantg and @iearnfinance for your help on this.
yyveCRV Metavault
big hurdle for @iearnfinance is maintaining high returns for depositors
— monetsupply.eth (@MonetSupply) November 30, 2020
the yveCRV vault helps with this by boosting LP earnings, but participation is limited due to lack of exit liquidity
I think a yyveCRV metavault could solve this
1/🧵
Media:
Read: Yearn Finance continues acquisition spree with Cover
https://cointelegraph.com/news/yearn-finance-continues-acquisition-spree-with-cover
Random:
SushiSwap Saved - 0xMaki Speaks Out@0xMaki took on @SushiSwap after founder @NomiChef let greed get the better of him.
— rekt (@RektHQ) November 29, 2020
Late last night, someone found a hole in the Sushi smart contracts and stole $15k before the Sushi Chefs chased them out the kitchen.https://t.co/BcioHrD2n3