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Hunt: Showdown’s disappearing dirt man will finally be visible in upcoming patch

Cain, a man covered in dirt, was too hard to see while standing in dirt.

Curve Protocol : Leading DEX for Stablecoins

Curve Protocol : Leading DEX for Stablecoins

USDC, USDT, BUSD, PAX, TrueUSD, and DAI are all examples of stablecoins that have recently gained popularity. They have an issue with price stability and liquidity (particularly decentralized stablecoins). When MakerDAO reduced its stability charge to 5.5 percent, many customers of Compound (which had an interest rate of 11 percent at the time) decided to stay because they had taken out a loan in DAI and changing DAI to USDC is a costly procedure.  At the same time, many DeFi users are eager to lend their stablecoins in exchange for a 5% APR, which is far higher than what traditional banking gives. Users would be hesitant to provide the same money to trading firms that guarantee profits. Curve Finance addresses the issue of lack of liquidity while trading Stablecoins and high costs.  Introduction Curve Finance uses liquidity pools and bonding curves to enable high-efficiency stablecoin trading and low-risk rewards for liquidity providers. When trading from one stablecoin to another on Curve, customers are not vulnerable to the price slippage on DEXs. Curve, unlike Uniswap, lends assets on Compound when they aren’t being traded and pays liquidity providers interest on those loans. Curve was created as an alternative to trading stablecoins on general-purpose DEXes like Uniswap, which have algorithms that aren’t designed for such transactions. Curve’s debut resulted in increased liquidity and more competitive prices for stablecoins. As interest rates in money markets changed, DeFi lenders might quickly and efficiently switch from  USDT to USDC or USDC to DAI etc. Curve is an Ethereum-based exchange liquidity pool. The Curve is built for incredibly efficient stablecoin trading and low-risk trading fees go to liquidity providers and veCRV holders. Curve currently offers over 40 distinct official liquidity pools, with the tricrypto2 (USDT / wBTC / WETH) and 3pool (DAI / USDC / USDT) being two of the most popular. However, it’s worth noting that pegged asset trading is still a big part of the market. CRV Token CRV is the Curve protocol’s governance token. It is primarily utilized to incentivize liquidity to the platform. The rise in capital benefits Curve users because it gives more trading liquidity and decreases slippage for end-users. Voting, staking, and raising rewards can be gained by using the CRV token. Users can participate in the community and can introduce or vote on proposals.  Depositors can obtain 50% of all trading fees generated by the protocol by staking their CRV tokens. Liquidity Providers can use boosting to increase their CRV awards by up to 2.5x. To access all of these features, token owners must lock their CRV in Curve for vote-escrowed CRV (veCRV) in exchange. The longer the CRV is locked in Curve, the more veCRV you received. For example, 1,000 CRV locked for a year produces 250 veCRV, but the exact amount locked for four years produces 1,000 veCRV. As a result, the longer the lock-up period, the greater the user’s voting power and incentives. This ensures that token holders are invested in the protocol’s long-term success. Curve Token Distribution The following groups received CRV tokens as part of the initial token distribution: 61% to pre-CRV liquidity providers with a one-year vesting period; 30% to shareholders (founders and investors) with a 2-4-year vesting period; 3% to team members with a two-year vesting period; and 5% to the community reserve. The remaining 57 % of the overall maximum supply will be given in stages to future liquidity providers as incentives. Despite the original supply of 1.3 billion, the effective circulating quantity of CRV was zero at launch, due to vesting schedules. Based on this timeline, the inflation of released CRV is expected to be large in the next few years. Only 11.2 percent of the supply is in circulation as of March 10, but that number is expected to rise to 3.37 billion in five years. How to Trade on Curve DEX? Similar to most DeFi applications, you have to allow Curve protocol on your wallet to interact with your DAI or USDC balance before you can trade. Select the asset you’d want to convert (for example, USDC) and the amount (for example, 1,000) on the exchange; the exchange rate and quantity you’ll receive (including all slippage and costs) will be displayed. Curve’s value is in its ability to surprise you with its exchange rate.  Fees Currently, all pools have a 0.04 percent fee, 50% of which goes entirely to liquidity providers and 50% to veCRV holders. There is no charge for administration. DAO members have power to determine fees and pool specifications. What are Liquidity Pools? Liquidity pools are a type of smart contract that contains a pool of tokens. If you were to make a pool of DAI and USDC, one DAI would equal one USDC. You would have the same number of tokens in the pool, … Continued

The post Curve Protocol : Leading DEX for Stablecoins appeared first on Cryptoknowmics-Crypto News and Media Platform.

Apple Co-Founder Steve Wozniak Talks Bitcoin On Steve-O’s Wild Ride

Co-Founder of Apple Steve Wozniak discusses Bitcoin energy use, environmental impact, leaving fiat currency and his previous cryptocurrency endeavors.

5 Sources of Data for Customer Analytics and Their Benefits

There is no disputing that data analytics is a huge gamechanger for companies all over the world. Global businesses are projected to spend over $684 billion on big data by 2030. There are many ways that companies are using big data to boost their profitability. One of the most important is in the field of […]

The post 5 Sources of Data for Customer Analytics and Their Benefits appeared first on SmartData Collective.

Boeing Starliner test flight next on ULA’s launch schedule

The U.S. Space Force has postponed a multi-spacecraft mission that was booked to fly on a United Launch Alliance Atlas 5 rocket in April, moving a redo of a test flight for Boeing's Starliner crew capsule to the front of the line on ULA's launch schedule.

BTC Price Analysis: What’s The Cycle’s Bitcoin Bottom According to Capitalization Models?

Bitcoin has been trading sideways in the past few weeks. It is still consolidating between the $36K and $45K levels, liquidating both bulls and bears on multiple occasions. With the current economic and geopolitical uncertainty, it would be wise to consider the worst possible case and plan it. Technical Analysis By: Edris The Daily Chart: On […]

Owlchemy Labs On Building Its Most Complex VR Playground Yet – Cosmonious High

"We've got to remember that today we're getting more new players into VR than we are getting former players." Owlchemy Labs talks designing its most complex world yet in Cosmonious High.

Poll: We Want You to Rate Your Favourite PS5 Games

Help define our list of Best PS5 Games.

The PlayStation 5 is a beast, isn't it? It's physically enormous, yes, but also, it has a whole bunch of excellent games already, and it isn't even two years old at this point. With the library always growing and some true PS5 exclusives on the way (none of this cross-gen malarky), now seems as good a time as any to start thinking about what sits at the top of the pile. Yes, we're once again asking for your help to determine a console's best games, and it's PS5's turn.

The PS5 launched under unique circumstances; Sony saw in the new generation of hardware amid a global pandemic; COVID-19 brought the world's infrastructure to its knees as flights were grounded, businesses forced to adopt work-from-home schemes, and the public instructed to stay indoors. That the platform holder pushed through all this to release the PS5 on time was quite remarkable.

Read the full article on pushsquare.com

Do We Really Want Academic Permanent Records to Live Forever on Blockchain?

In recent years, blockchain technology has become a buzzword in the edtech sector. The system of recording information secures digital data in a way ...

How to Build a Detailed Business Plan That Stands Out [Free Template]

While starting a company may seem easier now than ever before, entrepreneurs have an uphill battle from the moment they start a business. And without a clear, actionable business plan for selling, marketing, finances, and operations, you're almost destined to face significant challenges.

How to Manage Your Entire Marketing Budget [Free Budget Planner Templates]

Let's say your company decided to invest in a website redesign to improve lead generation, and you're responsible for managing the project.

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