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(1/8) @VotiumProtocol $vlCVX Round 133 Report:
SUMMARY
- $303.0K Votium incentives
- $0.0098/vlCVX
- 13% APR (at CVX = $1.98)
HIGHLIGHTS
- Votium total down 7% from R132, but up over previous 5 rounds
👇
DefiShaka.eth retweeted
Dobro jutro, new Union round! $88k in rewards among 422 members worth ~10.63m CVX!
I believe a briber ended their campaign and nobody filled the gap, which means bribers are getting a good deal (more incentives per dollar for them!)
Sucks for those getting the rewards though.
Did the @ResupplyFi summer end?
On Aug 3, @ResupplyFi announced a "multi-round rewards campaign" on @VotiumProtocol to grow reUSD TVL & borrowing.
Convex deposited ~310K CRV/round R128-R133, but nothing in R134, accounting for the ~$100K drop in R134 total incentives.
(1/9) @VotiumProtocol $vlCVX Round 134 Report:
SUMMARY
- $190.4K Votium incentives
- $0.0079/vlCVX
- 9% APR (at CVX = $2.37)
HIGHLIGHTS
- Votium total down 37% from R133, lowest since R127
- No $CRV incentives this round (R133: $109.5K)
👇
(1/9) @VotiumProtocol $vlCVX Round 134 Report:
SUMMARY
- $190.4K Votium incentives
- $0.0079/vlCVX
- 9% APR (at CVX = $2.37)
HIGHLIGHTS
- Votium total down 37% from R133, lowest since R127
- No $CRV incentives this round (R133: $109.5K)
👇
(8/9) @VotiumProtocol $vlCVX Round 134 Report:
VOTE DILUTION
The total number of $vlCVX votes for Votium-incentivized pools decreased 22% from R133, from 31.1M to 24.1M.
Doing taxes has been one of the worst parts of Defi. Digital asset tax legislation can't come soon enough.
1/ Today, Blockchain Association sent a letter to Senate and House leadership urging Congress to advance thoughtful, bipartisan digital asset tax legislation.
We're also launching TaxClarityforAmerica.com so Americans can make their voices heard.
theblockchainassociation.org…
(1/5) $CVX is now fully minted! 🎉
On Oct 15, the @ConvexFinance token hit its hard-coded 100M max supply (block 26,200,161).
WHAT HAPPENED
- No new CVX can ever be minted
- The final 120.8 CVX went out in a batch of reward claims
👇
(4/5) REFERENCES 📚
- Tokenomics: 100M max supply & distribution
docs.convexfinance.com/conve…
- Mint formula: 1,000 cliffs of 100K CVX
docs.convexfinance.com/conve…
- Contract code: the hard-coded cap
github.com/convex-eth/platfo…
- Cap hit on-chain (Oct 15):
etherscan.io/tx/0x48bcc648e0…
$vlCVX holders, a rare @ConvexFinance airdrop is coming!
Airdrop alert!
vlCVX holders, you are eligible for the @MonolithMarket Swan launch airdrop. Stake swanUSD as sSwanUSD after launch and hold through the window for an equal share of the pool.
Launching Thursday!
Check the post below for more details:
