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Curve
Curve Finance, a decentralized exchange, will distribute nearly $3 million in accrued fees to the platform’s governance token holders, following a community vote. On Friday, a week-long voting period seeking to determine how “admin fees” were to be allocated closed in favor of token holders. Now, in three days, some $2,631,601.92 worth of fees –...
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Curve, the robot decentralized exchange for stablecoins, is kicking off a new dividend program for holders of its governance token, CRV. “We’ll start moving towards a cashflow-based protocol because the numbers are too sweet to not do it,” Curve founder Michael Egorov told CoinDesk in an email. In order to participate in governance, users need...
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Decentralized finance (DeFi) looks set to gobble Ethereum. On the Bankless YouTube channel Tuesday, recently departed chief of oracles at MakerDAO, Mariano Conti, spoke about how excited he is to see Yearn.Finance create a vault for yield farming with ether (ETH), the native token of the Ethereum blockchain. “[Yearn.Finance] is probably the most interesting thing...
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When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily. On today’s edition of The Breakdown’s Long Reads Sunday, our selections have to do with one of the hottest topics in central banking: yield curve control.  “What Is Yield Curve Control?”The first piece is from the St. Louis...
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Price Point Bitcoin was mostly subdued over the weekend, staying in its recent range between $11,000 and $12,000. Ether, trading around $430, is looking to extend a run of four straight weeks of gains during which prices have nearly doubled.  In traditional markets, U.S. equity futures and European stocks advanced after China’s central bank pumped about $100...
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