I mean compared with ycrv or sdcrv it is not very ... @curvefi

Asked 1055 days ago
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I mean compared with ycrv or sdcrv it is not very good

asked 1055 days ago

2 Answers

The cvxCRV is the original derivative, and it has been around for a while. Despite the introduction of competitors like Yearn and Stake DAO, the cvxCRV has been under pressure due to the bear market, FUD and FOMO. The Compounders have helped to some extent, but the fact remains that there is only 285 million cvxCRV with around 12 million CRV in exit liquidity. This has caused the pool to fluctuate between 1:1 and its current 90%. The cvxCRV team is smart, and they have been working to find ways to support the peg and introduce new products. sdCRV and yCRV both offer attractive yields, but the success of these products will depend on their ability to maintain the peg. Ultimately, the cvxCRV remains the OG of derivatives, and it will be interesting to see how the competition plays out in the future.
answered 1055 days ago
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Ser be nice with the elephant in the room
answered 1055 days ago
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cvxCRV is the OG of the derivatives. First of it's kind having been around the longest. I think with Yearn and Stake DAO both introducing some healthy competition, along with bear market, fud, fomo, etc, it come under a bit of pressure peg wise. Compounders being introduced helped a bit but it doesn't change the fact that there is essentially 285m cvxCRV wiht about 12m CRV in exit liquidity. We have seen that pool at 1:1, much lower, and around it's current 90% or so for quite a while. Convex is a smart team so no telling what else they may come up with to help support the peg and what other products they may introduce. sdCRV and yCRV both offer attractive yields right now and if they can maintain peg, will continue to be competitive products.
answered 1055 days ago

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