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Curve: After Trump's election victory, the market demand for leverage surged, and agreement revenue grew rapidly

Curve: After Trump's election victory, the market demand for leverage surged, and agreement revenue grew rapidly

Bitget2024/11/21 14:04
BTC+0.26%MSTRBEP200.00%DAO0.00%

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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