Home > Quick > Body

Curve Finance uses crvUSD for fee allocation

clock
2024-06-28 13:30:27
Curve Finance has changed its fee allocation mechanism, transitioning from 3crv tokens to its native stablecoin, crvUSD. The move is designed to increase the usefulness of crvUSD, integrating stablecoins into the Curve Finance ecosystem to incentivize users. The transition to crvUSD means that users will now receive fees for their dollar-denominated stablecoins.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.

7x24 Newsflash

03:18 2025-04-07
A whale deposited 14,014 ETH to Binance 5 hours ago and withdrew 15.50 million USD
According to The Data Nerd, 5 hours ago, Whale 0xF07 deposited 14,014 ETH (~ $22.14 million) to Binance and withdrew 15.50 million stablecoins. Just now, his portfolio was 100% stablecoins.
03:15 2025-04-07
Billionaire Bill Ackman: US Treasury Secretary's indifference to stock market and economic collapse is due to his long bond position
Bill Ackman, the billionaire founder and chief executive of Pershing Square Capital Management, wrote on the X platform: "I just figured out why U.S. Treasury Secretary Howard Lutnick is indifferent to the stock market and economic collapse. He and Cantor are long bonds. When our economy collapses, he can profit. It's a bad idea to choose someone whose company holds a lot of fixed income bonds as secretary of commerce. There is an irreconcilable conflict of interest."
03:15 2025-04-07
Goldman Sachs: If the economy does fall into recession, the Federal Reserve may cut interest rates by 200 BP next year.
Goldman Sachs has adjusted its expectations for the Federal Reserve to cut interest rates, arguing that the risk of further easing by the Federal Reserve is higher if a recession hits. Goldman now expects the Federal Reserve to begin a series of rate cuts in June - earlier than previously forecast for July - as part of a preventive easing cycle. Under the assumption that the US avoids recession, the Fed will cut interest rates three times in a row by 25 basis points, bringing the federal funds r...
03:00 2025-04-07
OpenAI tests adding watermarking capabilities to ChatGPT-4o image models
On April 7th, according to BleepingComputer, OpenAI is testing the ability to add watermarks to the ChatGPT-4o image generation model (ImageGen), or add logos for free user-generated images. The model is currently open to all users and supports high-quality image generation, including Ghibli-like works. The news says that ChatGPT Plus subscribers will generate images without watermarks. In addition, OpenAI is developing the ImageGen API, which will be open to developers in the future.
03:00 2025-04-07
The value of bitcoin fell by 12% in the first quarter of 2025, marking the worst Q1 performance in the past seven years
Quarter 1 of 2025 was Bitcoin's worst quarter in seven years, with the market value shrinking by at least 12 per cent between January and March, despite massive overweight by corporate entities such as Strategy, Tether and Metaplanet. CryptoQuant analysis believes that the market is lower or related to long-term holder selling activities and ETF capital outflows, long-term holders of BTC holdings decreased by about 178,000 BTC in the first quarter, offsetting the bullish momentum brought by the ...
02:54 2025-04-07
The giant whale that offered 56,995 WETH to borrow DAI on Maker is on the verge of liquidation
According to Spot On Chain, a whale offered 56,995 WETH (worth about $90.80 million) on Maker to borrow DAI, which is currently close to being liquidated at a clearing price of $1,564.58. Earlier today, due to the price plunge, another giant whale has cleared 67,569 ETH ($106 million) at $1,650 to repay a $74.49 million loan, and in the last 24 hours, the cryptocurrency market has cleared a total of $898 million, mostly from long positions.
02:51 2025-04-07
4E: "Black Monday" hits, global risk assets plunge
On April 7th, according to 4E monitoring, the tariff storm swept the world, the market panic was pervasive, and the wave of risk asset selling intensified. After falling nearly 10% last week, US stock futures opened sharply on Monday, with S & P 500 and Nasdaq futures falling more than 5%. As of press time, the decline narrowed, falling 2.39% and 3.17% respectively, and Dow futures fell 2.42%. Asia-Pacific stock markets also opened sharply, with the Nikkei index plunging 8.1%, South Korea's KOSP...
02:45 2025-04-07
The current mainstream CEX and DEX funding rates have intensified the market bearish trend
On April 7th, according to Coinglass data, the current mainstream CEX and DEX funding rates have exacerbated the market bearish trend. The specific mainstream currency funding rates are shown in the accompanying drawings. When the funding rate is 0.01%, it means the benchmark rate. When the funding rate is greater than 0.01%, it means that the market is generally bullish. When the funding rate is less than 0.005%, it means that the market is generally bearish.
02:24 2025-04-07
Goldman Sachs cuts U.S. growth forecast, raises recession forecast
Goldman Sachs: Downgraded the US GDP growth forecast for the fourth quarter of 2025 to 0.5% and raised the probability of a 12-month recession from 35% to 45%, due to sharply tightening financial conditions, foreign consumer boycotts, and continued spikes in policy uncertainty, which may restrain capital spending by more than we previously assumed. (Jin Ten)
02:20 2025-04-07
A giant whale pledges 71,318 SOL, worth about $7.63 million
According to Onchain Lens, a whale has pledged 71,318 SOL ($7.63 million) and currently holds 90,271 SOL ($9.64 million).
02:17 2025-04-07
Twitter co-creator Jack Dorsey: If Bitcoin were just a store of value, it would fail
Speaking on the "Presidio Bitcoin" podcast, Jack Dorsey, co-founder of Twitter and now CEO of Block, said bitcoin would fail if it became just a store of value, because its success comes from payments. However, due to limited supply, bitcoin has the potential to become a store of value on par with gold, a view that has led many people to be reluctant to spend their bitcoins because they want the value of the asset to continue to grow, but Jack Dorsey pointed out that if bitcoin...
02:05 2025-04-07
Agency: Asian stock markets plunge, markets are eager for a quick U.S. interest rate cut
Major Asian stock indexes tumbled on Monday as White House officials showed no sign of abandoning their sweeping tariff plans and investors bet on rising U.S. recession risks that interest rates could be cut as early as May, with futures markets quickly reflecting expectations for nearly five U.S. rate cuts of 25 basis points this year. Sean Callow, senior FX analyst at ITC Markets in Sydney, said: "The only real circuit breaker is President Trump's rhetoric, and there is little sign that the ma...