Curve: After Trump's election victory, the market demand for leverage surged, and agreement revenue grew rapidly
On November 21, Curve Finance announced that after Trump recently won the U.S. election, the crypto industry has seen a massive surge. Key stocks such as MSTR and COIN have been re-evaluated, and Bitcoin is nearing the $100,000 mark. The demand for leverage has led to an increase in DAO's weekly income from an average of $268,000 before Trump took office to $581,000 over the past week. Currently, the annual income allocated to veCRV holders is about $31 million per year excluding revenue from voting incentives. As of today including voting incentive bonuses, DAO has accumulated a total of $554 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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