CRV thread

[Anonymous No.26357551]

Explain this Token to someone with a double digit IQ. Why is this better than any other swapping service? Why does staking it give such ungodly returns? Who needs to swap between stable coins. I don't understand this but the price of this thing keeps going up and I'm close to FOMOing in

[Anonymous No.26357875]

Also a 2 digit IQ god here, my main projection is that in the future, if defi actually becomes huge, there will be many stable coins for banks etc and they may want to trade between themselves in which case having low slippage is essential. Also arbitrage between stable coins is essential to maintain price stability and this protocol facilitates that well and incentivizes ppl seeking these arbitrage opportunities. Win-win, ppl get to optimize their arbitrage and stable coins can stay more closely pegged to a dollar.

[Anonymous No.26358253]

>>26357875
That makes sense
But is it actually cheaper? I tried to swap on it once and it didn't work so I just went to swap my stable coins on Uniswap anyway

[Anonymous No.26358456]

>>26358253
I think low slippage is optimized for larger trade volumes. I'm also interested in other ppl's thoughts though.
bump

[Anonymous No.26358587]

>>26357551
here you can find something >>26311023

[Anonymous No.26359521]

>>26358587
That is really not a helpful thread

[Anonymous No.26360341]

bump

[Anonymous No.26361149]

>>26360341
More bump

[Anonymous No.26362014]

I put a couple of grand in because I like the pretty logo literally no fucking idea what it does

[Anonymous No.26362159]

>>26357551
The logo is so fucking cool, I almost want to buy some for that reason alone.

[Anonymous No.26362187]

>>26357551
lower fees than Uniswap
network effect

[Anonymous No.26363031]

>>26357551
I could explain it to you, but you need a high triple digit IQ to understand it, so I wont. Sorry.
Just buy it, k?

[Anonymous No.26364092]

>>26363031
Ok

[Anonymous No.26364597]

>>26362014
in true /biz/ spirit