RuinAndResurgence

Going Long BTC @ 6,440 USD

@Exchequerfi Thanks for the help ser !

Exchequer dispatched a clerk to the Convex Discord this morning, ser, to inquire whether vlCRV dominance could fund an RWA stablecoin pivot. The clerk returned before lunch with the reply: "bribes are cooked, but the brand still clears rooms." The clerk noted CRV emissions glowing red. Filed.

$CVX value accrual (token burns, L2 expansion...) will not work. The uncomfortable truth: vlCRV dominance is a wasting asset, and the bribe market is in secular compression. Convex needs to pivot to an RWA stablecoin and why they are the only ones who can pull it off. 👇

@ConvexFinance @CredibleCrypto

Every stablecoin project bleeds liquidity. Convex doesn't have to. It controls the majority of Curve voting power. Launching cvxUSD backed by an RWA basket (BUIDL/USDY) bootstraps deep liquidity on day one at near-zero marginal cost. @gauge-theorist/ConvexFinanceCVX" target="_blank" rel="nofollow noopener">hackmd.io/@gauge-theoris…

$CRV XRP and Sol have already crossed the coveted $100b+ market cap. My bold prediction is that CRV is next and it’s coming fast! With a market cap of $1b today, I believe that CRV has the potential to deliver astonishing 20-100x returns in the next 3-4 months. Curious why I think this is the lowest risk-highest reward project of the bull run and why this will shake the crypto world in the next few months? Dive in to find out why CRV is the one. If you like this post, then please share and spread the knowledge to others! 1. UTILITY, STABLECOIN DOMINANCE, INNOVATIVE AMM ALGO and GOVERNANCE: Curve DAO is a decentralized autonomous organization (DAO) governing the Curve Finance platform, which specializes in optimized decentralized exchanges (DEX) for stablecoin and wrapped token trading. It leverages a unique automated market makers (AMM) design algorithm to offer low-slippage, high-efficiency swaps and hence different compared to traditional AMMs like Uniswap. CURVE tokens are used for governance, allowing the community to vote on various aspects of the protocol including protocol upgrades, liquidity incentives and fee distributions. This helps to foster a strong community where governance decisions are made collectively, further reinforcing its importance in the DeFi space. The issuance of CRV tokens has incentivized liquidity provision, making Curve a highly attractive platform for liquidity miners and DeFi participants. 2. ECOSYSTEM INTEGRATION AND PARTNERSHIPS: Curve is a fundamental building block of the DeFi ecosystem, providing liquidity to many other DeFi platforms. Curve has formed strategic partnerships and is integrated into many DeFi protocols (whether its yield aggregation like Yearn,or lending protocols like Aave, or Convex), acting as a backbone for many decentralized financial services and amplifying its reach and helping it drive more liquidity into the Curve ecosystem and contribute to its dominance in DeFi. 3. DEFI KING: Curve DAO is known as the DeFi king due to its ultra-efficiency, dominance and innovation in stablecoin swaps, minimial slippage, and high liquidity which are crucial for efficient decentralized finance operations, particularly in the realm of decentralized exchanges (DEXs) and liquidity provision. With massive total value locked (TVL), seamless integration with top protocols, and a community-driven governance model which ensures decentralization and long term community driven growth, $CRV dominates the DeFi space. It’s the go-to platform for stablecoin trading (like USDC/DAI/USDT) and liquidity. 4. LIQUIDITY AND TOTAL VALUE LOCKED (TVL): Curve consistently ranks among the top in terms of TVL in the DeFi space, which is an indicator of liquidity and substantial usage of platform. driven by its dominance in stablecoin and wrapped token trading and thanks to its highly efficient liquidity pools and rewards for liquidity providers, surpassing other platforms in terms of liquidity. Curve DAO's TVL typically hovers around $5 billion to $7 billion, depending on market conditions and liquidity flows, which attracts liquidity providers. Deep liquidity means that users can swap large amounts of tokens without affecting the price too much, which is crucial for institutional players and whales. 5. ROLE IN YIELD FARMING AND LIQUIDITY MINING: Curve has been at the forefront of yield farming, offering high yields for liquidity providers. This has attracted a large number of users and instituitions, as Curve provides both competitive returns and low slippage for trades. Many DeFi users rely on Curve to earn passive income through liquidity mining programs, which distribute CRV tokens to liquidity providers. 6. REVENUE GENERATION: Curve generates revenues primarily through its decentralized finance (DeFi) protocol, which provides automated market-making (AMM) services for stablecoin and other liquidity pools. The protocol earns fees from liquidity providers (LPs) and swap fees from users who trade on Curve's decentralized exchange (DEX). The revenue generated by Curve DAO is based on the total value locked (TVL) in the protocol and the daily trading volume, both of which are in the billions of dollars! 7. INSTITUITIONAL REACH: Curve DAO appeals to institutions because of its efficient, low-slippage trading mechanics, attractive yield farming opportunities, decentralized governance model, and integration with broader DeFi ecosystems. By participating in Curve, institutions can gain exposure to DeFi markets, generate passive income, and engage in low-risk, high-reward strategies that leverage stablecoins and other highly liquid assets. Additionally, Curve’s decentralized nature, multi-chain support, and increasing integration with traditional financial systems make it an ideal platform for institutions exploring opportunities in the evolving DeFi space. Recently, Blackrock’s $533 million BUIDL fund announced that it will access DeFi through a partnership with CRV, strengthening CRV’s position as the primarily liquidity hub for stablecoins and bridging the gap between traditional finance and decentralized finance. This will allow up to $1b in institutional real-world assets (RWAs) to mint deUSD, a yield-bearing synthetic dollar. Curve already hosts the majority of deUSD trading and liquidity, with $64M (approx. 60% of total liquidity) currently in Curve pools. 8. MULTI-CHAIN ECOSYSTEM EXPANSION: Curve has expanded to Layer 2 solutions (like Arbitrum and Optimism) and other blockchains (such as Polygon, Avalanche and Fantom), providing a more scalable, multi-chain platform for stablecoin and asset swaps and helping diversify its user base and increase liquidity and transaction volume across chains. 9. TOKENOMICS and PRICE: With only 1.24b circulating supply, 42% is locked in perpetuity. Once the demand increases, due to the low and locked supply, the price will move fast! The previous ATH on launch was $30 and otherwise the previous ATH was $6.8. We can easily achieve several multiples of this price during this bull run! CONCLUSION: Curve's innovative AMM model for stablecoin swaps, deep liquidity, strong governance, strategic partnerships, and integration with other DeFi protocols have all contributed to its reputation as a leader in decentralized finance (i.e. DeFi King!), particularly for users who need a reliable and efficient decentralized exchange for stablecoin swaps and liquidity provision. Clearly CRV is one of the leading projects in the crypto space and deserves to be up there with other top 3 crypto projects like Eth and Xrp. At around $1b market cap, it is currently extremely undervalued! Xrp recently added $120b market cap in a month and around $75b market cap in a week. Hbar has added over $10b in market cap in the past month. Doge added 10s of billions of dollars in market cap in a day this bull run! CRV is up there amongst the best of projects in the crypto space and is the next in line as the Defi King to deliver these gains! #DeFi #Crypto #CurveDAO #CRV #Stablecoins #AMM #BTC #ETH #XRP #SOL #HBAR #DOGE @crediblecrypto @elonmusk

@Outin2025 @StakeDAOHQ @ConvexFinance Somehow for me I get direct rewards instead of scrvUSD even if I select scrvUSD. Do you also see that ?

It’s @StakeDAOHQ rewards day! My locked $cvx on @ConvexFinance paying out as expected. Just collected another $225 of $scrvUSD. That’s about $2k in last two months. I have converted all of these rewards into more $cvx and will continue to do so as long as it’s under $2. It’s a position growing all by itself.

@TXMCtrades The best novel ever written in my opinion. It has everything : Adventure, Love, Betrayal and Vengeance.

Crushed 250 pages of The Count of Monte Cristo today in what felt like fifteen minutes. Incredible storytelling

@JefeElJefe1 @CredibleCrypto How do you actually delegate to the Union? I tried to do it and somehow it just goes to Votium.

@CredibleCrypto You should teach them how to use llama airforce and delegate to the union for automatic harvesting and autocompounding.

"Been recognizing rewards of 15-20% APR and collecting every Tuesday as scrvUSD for over a month now." A new $CVX locker who used my recent tutorials to successfully lock his tokens and earn consistent, passive yield. I'll include links to the tutorial at the end of this tweet but I want to bring attention to the 3rd point in the quoted tweet below: Many people ask me if I think it's "okay to start a fresh lock for 4 months right now" with the concern that they won't be able to take profits/sell when $CVX has pumped into new all time highs if it happens in under 4 months. We know that when the market heats up and alts start making major moves at the end of the cycle, we can see monster moves that happen VERY quickly so this IS a valid concern imo. You can either lock your tokens now and hope you won't need to sell them within 4 months, not lock them and earn no yield, OR take a "hybrid" approach which is what the user below described: That is, instead of locking all of your tokens at once, break down your stack into a number of batches, and stagger the locks over time so that the unlocks become staggered as well. For example, you can break your stack of 10k CVX into 4 batches- lock 25% (2500 tokens) every month for the first 4 months, and now you will have 2500 tokens unlocking every month thereafter, which you can choose to re-lock for another 4 months (which continues the trend) or if you think we are approaching the time to sell- you can choose not to re-lock. This way, every month you have the option of liquidating 25% of your holdings, while the rest continues to earn you yield- and this can continue on indefinitely until it's time to let all the locks expire so you can fully exit. I've demonstrated the example above with a visual below. *Note- you could take this a step further by breaking your holdings into 8 (unlocks 12.5% every half months) or 16 batches (unlocks ~6% every week) if you want more frequent cycles. All depends on on how much flexibility you want over your holdings.

crvUSD just had the most aggressive supply expansion in its history. In 14 days, circulating supply went from $234M to $327M. That is a 40% increase in two weeks. On one day alone, $58M was minted. The supply has since settled at $319M, still up over 36% from where it was a month ago. I wanted to understand what drove this. The answer is simpler than I expected. @llamalend is winning the wholesale borrow market. As of April 24, three wallets held over $26M in crvUSD debt on LlamaLend at 0.4 to 1.1% APY, choosing it over Spark USDS on rate alone. Those rates have held. Right now, the WBTC market sits at 1.10% APR with $178M still available. wstETH at 1.10% with $129M available. sreUSD at 0.48%. The whales got in early. The capacity for a lot more has barely been touched. When borrowing is this cheap, more people borrow. When more people borrow crvUSD, supply grows. As of May 5, @llamalend confirmed that credit usage has tripled in just two weeks. This is not a spike. This is a market forming. Here is the part most people are sleeping on. Everything happening with crvUSD eventually flows back to @CurveFinance gauge incentives, which flow back to @ConvexFinance CRV weight, which flows back to $CVX holders. Stablecoin issuers who want cost-effective liquidity use Curve. The ones who want to grow TVL without burning their own treasury use Convex's gauge system to amplify those incentives. $CVX, locked for 16 weeks and 5 days, sits at the center of that entire flywheel. crvUSD supply is growing. Credit demand is tripling. $307M in borrowing capacity sits barely touched at sub-1.1% APR. Whales are already inside. The cleanest expression of all of this is not CRV. It is $CVX.

@CredibleCrypto Great article, but your calculation is wrong or at least very very conservative. Convex doesn't just hold vote escrowed for CRV. You need to also take into account the ones they hold for FXS, FXN and RSUP. Once $CVX starts to move it will skyrocket to 100$ very very quickly.

@Cointelegraph Convex finance $CVX

What project do you still believe in right now, despite everything? 👇🔥

@alle_sindhi @0xAero8 The penny bribes as you say, brought my average cost to 0. The question you should ask is : how much are you willing to pay for a perpetual bond that pays 20-30 APY compounded every 2 weeks.

@The_Imperatore @0xAero8 Wish you good luck even for the 5x from here... Down 99 percent happy with the penny bribes selling 1000x 😂😂😂

$CVX has 1,000x-100,000x upside from here. I am stone cold serious. A complete, full, stock market Flippening is very much possible. This may sound insane today but at $500 Billion people will start asking themselves: "What if?"

@alle_sindhi @0xAero8 Keep thinking this, in the meantime I get paid for my vlCVX.

@The_Imperatore @0xAero8 Fugazi. 😂😂 Token burn, bribes, passive income fairytale

@alle_sindhi @0xAero8 100 years ... No problem for me given that I will receive hard cash every two weeks in the meantime via bribes. Even if the price doesn't move I am still making massive passive income.

@The_Imperatore @0xAero8 Yeah in 100 years

curve ($CRV) USDC/USDT pool did $18.4b in volume Q1 2026. the stablecoin market is permanently splitting along geographic lines. western compliance rails demand USDC, asian OTC and tron networks run USDT. chinese desks moved $47b USDT vs $8b USDC last quarter alone. as this bifurcation hardens, the swap layer between the two becomes the most critical piece of infrastructure in crypto. fidelity custody launching USDC-only, coinbase already dropped USDT in 17 states, but 63% of global USDT volume still runs through binance. two parallel stablecoin economies need a bridge. curve is that bridge and the fragmentation is accelerating not resolving

@CredibleCrypto @Outin2025 @ricieroot Very good article. However maybe good to mention that Convex doesn't only accumulate $CRV. It also has Frax for example.

@Outin2025 @ricieroot 🔥🔥🔥

@Axel_bitblaze69 Does this break TradingView's terms of service?

Dear Traders, Claude code can now connect directly to your TradingView charts It reads your charts, indicators, writes Pine Script for your trading strategies, compiles it and fixes errors.. all automatically Not a browser extension.. A direct connection to your live charting platform ▫️Here's how it works and how to set this up: > How it works: TradingView Desktop runs on Electron (Chromium). Chromium has a built in debug interface called Chrome DevTools Protocol. It's off by default. One flag turns it on. That's the door. Claude Code connects through it via an MCP server running locally on your machine. Nothing touches TradingView's servers. No data leaves your machine. Everything runs on localhost. Here's the setup, give Claude code this prompt and it does everything: "Install the TradingView MCP server. Clone and explore github.com/tradesdontlie/…, run npm install, add to my MCP config at ~/.claude/.mcp.json, and launch TradingView with the debug port." Once it's done, verify: "Use tv_health_check to confirm TradingView is connected." Then just try: "What's on my chart right now?" That's the whole setup. Claude installs it. Claude runs it. You just describe what you want. ▫️What Claude can actually see What Claude can read from your charts: > Current symbol and timeframe > Real-time OHLC and volume > Up to 500 price bars > All indicator names, IDs, and values > Pine Script drawings — lines, labels, tables, boxes > Data window values > Order book depth > Strategy tester results and trade list > Screenshots of any chart region The most useful part is it reads protected indicators too. Pass a filter with the indicator name and you get back every price level, every text annotation, full table contents, every drawn zone. "What levels is my NY Sessions indicator showing?" it reads them. "What does the session stats table say?" it reads that too.All of this data is already on your screen. This tool just makes it readable to an AI. ▫️ The Pine Script workflow This is the part that changes everything for traders who code: You describe what you want → Claude writes the Pine Script → injects it into TradingView → compiles it → reads the errors → fixes them → recompiles That loop runs until the script is clean. The whole time Claude has full context of your chart and every indicator on it. No more copy-pasting between VS Code and the Pine editor hunting type mismatches. You can also: → Validate indicators (write it, compile it, read values back, check the math) → Loop through input parameters and test each one → Run the same indicator across multiple symbols and timeframes → Read strategy tester metrics after each compile The actual workflow of verifying your indicators works instead of just assuming they do. sharing the usecases of this workflow in my next post.. like & RT

@jchoop @CredibleCrypto You can decide either stable or direct rewards (bunch of token)

@The_Imperatore @CredibleCrypto I am a llama, so my CVX accrues more CVX. I haven't used stakeDAO, are you telling me that stakeDAO only pays out in stables for CVX lockers, not in-kind CVX?

Digital cash payments (aka “bribes”) for Round 119 are now available to be claimed for those who locked and delegated their $CVX to Votium. Here’s to over 1,750 days of continuous, uninterrupted, biweekly “airdrops” of digital cash for $CVX lockers 🥂

@0xTommyGenesis @CredibleCrypto Interesting, I didn't know this. Thanks man 👍

@The_Imperatore @CredibleCrypto True, but there's an option for that. Votium works with Llama Airforce to offer a single-token claim. If you join The Union (forward rewards like with Votemarket), Llama Airforce lets you choose between a few tokens.