Trends in Voter Behaviour and Voting Power: A Comparative Study in Curve Finance and Polkadot
Blockchain technology has ushered in a new era of innovative governance mechanisms for decision-making. It shifts power from small, centralized groups to a broader community, democratizing and monetizing voting power. This transformation significantly boosts participation, enhances transparency, and secures the decision-making process within the community.
A Primer on Curve Lending
LLAMMA's Soft Liquidation Mechanism Reshaping DeFi Lending, Curve Lending is a decentralized, non-custodial lending and borrowing platform built on the Ethereum blockchain. It leverages the existing infrastructure and mechanisms of Curve Finance, particularly the crvUSD stablecoin system and the LLAMMA (Lending-Liquidating AMM) algorithm. The platform allows users to create permissionless lending pools for supported asset pairs, with crvUSD initially serving as the primary collateral or borrowed token. As of mid-March 2024, the platform soft-launched with support for CRV, WETH, tBTC, and wstETH as initial markets, and plans to expand to other assets. New markets may be added permissionlessly.
Curve: Curve Lend is back online, the team has fixed some issues and optimized the UI
Curve Finance announced on X platform that Curve Lend (formerly known as LlamaLend) has been relaunched. The team has fixed some issues and optimized the UI. It is reported that on this lending platform, users can list any assets on their own without permission, but the specific collateral ratio parameters and soft liquidation losses for each asset will vary based on an algorithm.
Curve founder’s associated address once again deposited 1.5 million CRV to Binance, worth US$1.1 million
According to on-chain analyst @ai_9684xtpaCurve's monitoring data, Michael Egorov, the founder of Curve, has once again deposited 1.5 million CRV coins worth $1.1 million into Binance. Between January 11, 2024, and March 4, 2024, this address has deposited a total of 12.5 million CRV coins to the exchange, with an average price of $0.609 per coin and a total value of $7.61 million. The address still holds 2.5 million CRV coins.
Curve: Llamalend expected to be released in the coming days
Curve Finance announced on social media that Llamalend is expected to be launched in the coming days. Previously, Curve had revealed that the one-way lending market based on crvUSD was ready and waiting for contract audits, while the two-way lending market (where collateral assets can be borrowed) was also largely ready, with contract writing work completed and testing underway.
Curve Finance will integrate ZetaChain to provide native BTC support for cross-chain exchanges and full-chain asset pools
ZetaChain, an EVM-compatible L1 project, announced on X platform that Curve Finance will integrate with ZetaChain to provide native BTC support for cross-chain exchanges and full-chain asset pools.
Curve Finance to pay more than $49 million to hacking victims
The Curve community has voted to compensate liquidity providers (LPs) affected by the $61 million hacker attack in July. 94% of token holders approved the issuance of tokens worth over $49.2 million to make up for losses in Curve (CRV), JPEG'd (JPEG), Alchemix (ALCX), and Metronome (MET) pools.The compensation includes: $7.2 million worth of ETH recovered by white hat hackers for the DAO; Curve DAO Tokens worth $42 million provided as compensation for unrecovered losses; and funds recovered by other white hat hackers prior to the vote.
Curve founder deposits 18.5 million CRV into Binance, worth approximately $11.4 million
According to Lookonchain monitoring, Curve founder Michael Egorov deposited 18.5 million CRV into Binance half an hour ago, worth approximately $11.4 million.
Curve Finance: Poll results for Vyper security incident fund recovery performed, covering all affected users
On December 22, Curve Finance announced that the voting results for the Vyper security incident fund recovery have been executed, covering all affected users. The specific compensation includes: distribution of the 7.2 million USD worth of ETH recovered by white hat hackers to the DAO; compensation of the unrecovered portion of the 42 million USD worth of CRV; and recovery of funds from other white hat hackers who received them prior to the vote.
Conic Finance plans to launch v2 version, and the governance token CNC rises by more than 40%
On December 13th, the Curve ecological liquidity platform, Conic Finance, announced its plan to deploy its upgraded version (v2) on Tuesday.
