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CRV tokenomics - how can curve reward yearn vaults with 30%+ APY?
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USDP and USDN vaults are performing above 40% right now because of high CRV APY boost. What I am wondering is where is that value coming from? Is it from curve fees, or is it like curve is "subsidizing" with CRV in order to incentivize LPs to increase liquidity in those stablecoin markets? Then, outsized APYs will only last until there is a certain level of liquidity in those pools?

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3 years ago