Epoch 22 Update
New pools
- BOLD/EUL on Ekubo
- BOLD/USDC on Uniswap v4
DeFi Stable Avengers (BOLD / fxUSD / USDaf / USDC)
4 Epochs in a row with TVL increasing and good volumes overall:
- BOLD volumes: $662,596
- Total volumes: $1,843,674
Furthermore, this is the pool with the highestVolume/Total revenuesratio, meaning it has high volumes even with few incentives
LQTYFORKS (BOLD / USDaf / ebUSD / USDFi)
CRV emissions have been increased on this pool (2950 > 3240 CRV)
Even though the yields were massively diluted compared to last week, it has the 2nd highest APR for stable/stable pools
Opinionated thoughts about Curve
DeFi Stable Avengers and LQTYFORKS showed during several epochs that they perform better than BOLD/LUSD on lots of aspects.
We cannot expect them to perform as well as BOLD/USDC, as we are talking about very specific stablecoins.
That said, I think those pools deserve to challenge BOLD/LUSD for PIL rewards
Uniswap v4 enters the chat
BOLD/USDC on Uniswap has now 2.10% of voting power. It’s now eligible for PIL rewards and immediately used it to bring $38/day of incentives during this epoch.
Ekubo
Ekubo’s BOLD/USDC hits an all-time high with $4.15M volumes, more than a quarter of all volumes during Epoch 22 were realized on this pool.
The main explanation for these high volumes is that the pool charges a 0.01% fee to be selected as a priority by aggregators, so the BOLD/USDC can make volumes even with low TVL
Disclaimer
If certain interpretations seem incorrect and/or if you would like to share your own, please share them here. This topic has been created primarily for discussion.
If you are interested in the APR:
- Yields vary significantly from week to week. If revenues decrease and/or TVL increases, the APR decreases
- Stable/volatile pools are subject to impermanent loss. Go for stable/stable pools to protect yourself from this risk