The Growth Protocol

Yea another rejection/fakeout of the highs but I don't necessarily think this is some big plunge to the lows either- just more chop- and it's doing a good job of trapping both bulls and bears. Sitting on hands for now.

Update on the Votemarket incident. On March 12, a vulnerability in a peripheral oracle contract was exploited, draining ~$176K in rewards across 54 campaigns on Arbitrum & Base. No core Votemarket contracts were affected. The attack vector has been identified and neutralized, a second attempt by the exploiter was already blocked. Only veCRV Round 234 claims were impacted. All previous rounds are unaffected, and Votemarket is fully operational again. An emergency governance proposal is now live to ensure the quick and full reimbursement of all affected users and protocols from the Stake DAO treasury. Details on distribution will follow once the vote passes. ↳ Incident report & proposal links:

"If $BTC rejects at it's own range highs, would expect CRV to continue to range as well and move back to it's range lows also." BTC did reject at it's range highs and so $CRV did as well (as expected). We have now taken much of the unswept liquidity that we left behind, and the CRV/BTC pairing is back at it's local lows. I really like the way this is shaping up on lower timeframes. Once again with the assumption that we are forming a deviation in HTF demand on the CRV/BTC pairing, this is where CRV/USD should once again begin outperforming against BTC on lower timeframes (sending CRV/BTC back up again for another attempt at re-entry into the larger local range). So, just like last time, would expect another move back up the range highs soon (not sure if we will take the last local low on our left first or not) and hopefully this time we will break out.