TGViewer
Curious facts from Michael@Curve Curious facts from Michael@Curve @michael_curve · 1.22K subscribers
Post #102 1.51K
Wow, that's quite a volatile day, and quite a peg shaking for crvUSD. But here are good news:

- crvUSD is still overcollateralized and fully backed, no surprises;
- Yield Basis earned something on volatility;
- More information just before releasing HybridVaults which enable unbounded scaling of Yield Basis.

Wait, what's HybridVault? These are vaults where in order to go above the "normal" Yield Basis cap you need to keep some crvUSD (in Savings crvUSD so that it's not boring). So you carry a supply sink with you (but no IL for that - it's not mixed with Bitcoins).

🥳 Curve's UI | ✈️ Telegram Chat | 🤟 Twitter/X

🛸 China Chat | 📱 YouTube | 📱 Discord

#YieldBasis #DeFi #s00n
  • ❤ 17
  • 💩 1
  • 🤝 1
More from @michael_curve
  1. Jul 20, 2026In his recent interview, Andre Cronje weighted heavily (https://x.com/therollupco/status/2…
  2. Jun 25, 2026So looks like Uniswap finds out tech which was used by Curve since its start in 2020 (usin…
  3. Jun 9, 2026Seeing a lot of fears about Claude Mythos allegedly being released today or tomorrow and "…
  4. May 26, 2026Here we go again. Custodial stablecoins EURR and USDR were hacked by company-s multisig wa…
  5. May 11, 2026Seeing many people getting their telegram hacked. The malware uses telegram of someone fro…
  6. Apr 26, 2026I've made a proposal on how to recover bad debts in lending protocols, starting with Curve…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →