Update announcement on Curve LP rewards. Latest epoch for incentives is now live.

23 Mar 2023, 08:56
šŸ‘‹šŸ‘‡ Update announcement on Curve LP rewards; Latest epoch for incentives is now live Unfortunately, due to CVX position unlock timings we saw a vast reduction in voting power this window. We therefore used limited voting power to continue incentives across the ibEUR pairs ~ USDC & sEUR The good news is due to our POL farming strategies over this lock window we increased to 871.5k vlCVX, which can be fully utilized as of the next snapshot voting window in two weeks ~ meaning higher yield rewards will be possible across more pools Yield available currently are; ~ ibEUR / sEUR @ $3m TVL = up to 0.021% tAPR ~ ibEUR / USDC @ $0.78m TVL = up to 0.021% tAPR Yield will scale downwards (i.e. decrease) with increase in pool TVL šŸ’§-liquidity-providers can boost their yield rewards by depositing LP tokens within Yearn vaults or on Convex Yearn Vaults - will auto-compound yield back into LP position & offers a 2.5x boost across all pools: ~ ibEUR / sEUR; https://yearn.finance/vaults/1/0xD347e7A3DdF5Ce4C42E19a4F30eEAA761795C72B ~ ibEUR / USDC; https://yearn.finance/vaults/1/0x9F8B5c0fc18B79DdFc05b21c43da7E324Cf3B8Eb Convex - will boost CRV rewards (1.8x - 1.9x) whilst also providing CVX rewards; ~ search pools for "ibEUR" Reminders; - Synthetix assets can be swapped between sXXX stables via Kwenta Pro-tips; Make sure to hold a synthetix asset prior to utilizing Kwenta, to do so acquire assets from existing pools - sETH/ sUSD can be acquired from 1inch or curve (use to swap to sXXX via Kwenta) - Observe curve pool balance before entry as LP. - Fixed Forex assets (ibXXX stables) can be borrowed from Iron Bank - Keep3r plans to return incentivizes to the pools as of next epoch and across future epochs consistently to attract & grow TVL Happier yield farming will be back in 2 weeks! šŸ‘Øā€šŸŒ¾