About
Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Solutions
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More
Resources

Can Curve Finance Break Out in 2022? ($CRV, $CVX)

January 7, 2022

Decentralized Finance (DeFi) remains one of the largest overarching themes in cryptocurrency development.
Blockchain technology naturally lends itself to the finance industry — Trustless protocols assuring fairness and allowing users at all levels to participate in all levels of the system: market making, liquidity provision, and even direct governance.

The longevity of the concept and the relative niche appeal has made the adoption curve for DeFi less extreme than that of newer and flashier phenomenon like NFTs.
Still, interest from individual investors has continued to rise alongside broader cryptocurrency adoption.

The interest peaked in October 2021 and has since maintained a higher level. However, many popular DeFi projects have not returned to their all-time high levels.
To us, this sounds like a good buying opportunity…

Consider the Curve DAO ($CRV) for a moment.
Curve DAO is the ‘Decentralized Autonomous Organization’ (governing body) behind the Curve Finance protocol.
Curve operates primarily as stablecoin swap platform but also provides liquidity for a number of tradeable crypto assets.
Curve uses a unique Automated Market Maker to promote a higher degree of liquidity, specifically for stable coins (tokens pegged to $1 USD).

The platform generates profits via modest trading fees, which are shared between liquidity providers and CRV token stakeholders.
Curve’s popularity has experienced a massive boom over the past 6 months.

Chatter regarding the Curve Finance protocol and its governance token CRV are at an all-time high level: +505% YoY and +97% QoQ (30d MA).

Convex Finance ($CVX) exists as a massive stakeholder in the Curve protocol, allowing users to stake CRV with them and earn additional rewards.

Convex Finance Mentions show even more explosive growth, trending +202% QoQ on a 30-day moving average.

Related Posts

Related Posts

Related Reports

KEEP YOUR COMPETITIVE EDGE

Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

© 2023
 LikeFolio. All Rights Reserved.
Privacy Policy
|
Terms of Use
LikeFolio userslaptop-phonepie-chartselect