the defi goat

What is the Kingmaker Ratio⁉️ A metric that calculates whether acquiring $veCRV or $vlCVX is the more efficient strategy to direct emissions toward Curve pools. Right now? vlCVX wins. That's why RAAC has accumulated $CVX and controls ~4% of Curve's voting power. Read more👇

Hey, probably nothing right?

cvx looking interesting here. $41m whale inflow on mar 5, $685m tvl, still controls 52% of curve governance. 48% of supply locked long term. price up 15% over 7d from $1.90 to $2.02. down 96% from ath but the fundamentals haven't disappeared. pmUSD pools offering 18% apy, continuous reward distribution to holders, metagovernance position intact. competition in yield aggregation is real but convex's veCRV dominance keeps it relevant. that whale flow is the signal.

The nerve

Why is crypto valuation important?⚖️ It gauges potential growth📈 and undervaluation💎 using revenue High potential tokens: 🥇@ConvexFinance $CVX Yield farming 🥈@CurveFinance $CRV DEX 🥉@origin_trail $TRAC Verifiable AI others: $SYRUP $FLUID $PENDLE $COMP $AKT

are you seeing what i am seeing? PENGU is waking up and with this, all altcoins should rise this is your altcoin indicator for 2025 ~ don't fade the penguins 🐧

$CVX = Good Tech

PENGU what a beauty of a trade, probably the best price action of all the coins in the past 3 - 4 months study how when fundamentals meet technicals and this is the result ~ 10x from the bottom and 4x from our buys with so much happening around @pudgypenguins, i think this keeps on making new highs with some consolidation here n there but overall, im confident the trend is up maybe the streets are right and PENGU is indeed the new DOGE

Jump Crypto saw a $28.2M increase in wallet value last week. They increased their holdings of $USDC and $USDT significantly. They also increased their holdings of $CVX. On the other hand, their holdings of $ETH, $BTC, $RAY, and $LDO decreased.

Remember Remember the 5th of November $CVX x.com/Regrets10x/sta…

$CRCL - $26B+ $CRV - $1.6B In my opinion, @CurveFinance is massively mispriced at these levels.

The @ConvexFinance Treasury earned $78,000 reUSD over the past three weeks from its staked $RSUP position. $100,000+ earned during Resupply's first month, and it's all paid out in stablecoins. It's a new massive revenue stream. What happens when they add a few more SubDAOs?

RLUSD pool from @Ripple is second by volume today, also distributing healthy incentives

if you think the Curve chart looks good, how do you feel about Convex trading at a 67% discount to its fair value. every $cvx controls over $6 in locked $vecrv. That doesnt even include the $fxs $fxn and $rsup. Im not selling any of my $crv but recently started stacking some $cvx with LP/Voting rewards. might look for a low leverage long this week if we get a pullback towards $1.8

The Resupply effect It's interesting how @CurveFinance is one of the only protocols who built an ecosystem enabling other protocols in such a symbiotic fashion. Disclosure: I hold a lot of $CVX and I strongly believe the Convex team is one of the most capable in the ecosystem

Curve 有机会成为全球最大外汇市场。

Let's look at the @ConvexFinance Balance Sheet. 418M $CRV ($.60) - $250.8M 7.45M $FXS ($2.25) - $16.76M 101,692 $FXN ($34.26) - $3.48M (We didn't include $PRISMA as those tokens will be migrated to Resupply.) Total Assets - $271M How does that compare to the Convex Valuation? Convex MC - $206M Convex FDV -$251M The Convex $CRV position is the same size as the entire $CVX FDV. If you look at their circulating market cap they are trading at a 24% discount to their current balance sheet. They are also the largest owners of $RSUP from Resupply. Over five years, 20% of the total $RSUP supply will go to Convex vesting. $RSUP is currently $2.10 per token, which would value the Convex position at $62M. Convex was significantly undervalued before @ResupplyFi went live. Adding Resupply to their arsenal of assets makes $CVX look like an absolute steal. In addition to getting 20% of the $RSUP supply to the Convex Treasury, 50% of the resupply emissions will go directly to bribes. At current prices, the year one $RSUP emissions alone will produce $12.6M in bribe income for $vlCVX. If you want to bet on Stablecoin growth, @ConvexFinance gives you exposure to Frax, Curve, and Resupply. It is hard to beat value like this in an exploding sector. GL!

$well is literally $coin very own on-chain bank you won’t see it now but a decent repricing will get it some attention

Resupply is officially Live!

"- Convex made over $18M in fees last year and $7.5M in revenue. We could expect these numbers to grow by at least 2x in 2025." Definitely agree with @hmalviya9 under similar circumstances... However, he has have not factored in @ResupplyFi, its positioning, fee generation, and revenue to $CVX ~Minimum of 2x is without Resupply Finance ~📈-at-a-minimum with Resupply Finance If your interest is cash flowing and sustainable protocols, learn more about it, and you'll see the impact of @ConvexFinance first SubDao launch...very soon docs.resupply.fi/resupply-proto… Summarized: @aishattyl/Hk94NaQHke" target="_blank" rel="nofollow noopener">hackmd.io/@aishattyl/Hk9… by CVX5's @_aishabb For more context to who it impacts the ecosystem as a whole, we know as @CurveFinance $crvusd supply increases, it brings borrow rates down As you mint crvUSD (to deposit & loop on @ResupplyFi), the demand for $crv increases given the increased fee generation This causes a chain reaction It motivates users to stake $crv on top of @ConvexFinance to earn those fees This means more $crv goes into $cvx, which brings up the value of $crv locks into the ecosystem CRV's value increasing --> positively impacting voting markets --> which further incentivizes protocols to pursue revenue drivers (ie, incentivizing their pools via voting markets) These revenue drivers are from the parallel complimentary efforts from all the activity of minting $crvUSD which will also be ultra-competitive in LlamaLends lending market So now imagine the lowest lending decentralized stablecoin in the market given explosion of new supply minted that is deposited in an infinite lendling loop Fees will begin rising up on their way to compete with Aave, which further continues to lower the rates of rates Resupply unlocks looping for $crvUSD to accelerate supply leading to a demand boom How it impacts $CVX and its value: - increases demand given value accretion from $crv and its fees - increases another revenue driver/fees from @ResupplyFi stablecoin looping activity - given low supply of cvx, market dynamics forces cvx up given demand 📈📈📈 - feedback of looping continues, further driving cvx up to stake & lock to earn fees/voting markets respectively Ultimately: 1) $cvx value increases 2) incentives on voting market up 3) resupply tokens to incentive the pools Whatever the multiple is, it's not 2x. How much higher at a minimum? Much more than 2x. What will it be? Launch is very soon