New DeFi token launching soon
Introduction
There is a new project (already live with a useful product) active in the Curve/Convex galaxy which optimises yield received from Convex’ wrapped version of veCRV (ie cvxCRV). As a reminder, cvxCRV is a liquid version of veCRV, which can be traded on the market (contrary to veCRV which is non transferable) and accrues yield from Convex’ Curve LPs vaults and Curve trading fees.
Farming strategy will most probably generate 25% net return over a couple of weeks.
The project has a strong product market fit in the Curve/Convex galaxy and will be released at an attractive valuation.