Curve: After Trump's victory, market leverage demand surged, and agreement revenue grew rapidly
Nov 21, 2024 21:43:32
Curve Finance stated that after Trump recently won the U.S. election, the crypto industry has experienced explosive growth, with key stocks like MSTR and COIN being reassessed, and Bitcoin approaching the $100,000 mark.
Leverage demand has led to an increase in weekly revenue for the DAO, rising from an average of $268,000 before Trump's inauguration to $581,000 in the past week. The annual income currently allocated to veCRV holders is approximately $31 million, excluding income from voting incentives.