with curve, suddenly new options become apparent...

it do not remember exactly when they launched, i believe it was shortly after balancer mid 2020.

the ui looked like a desktop from the 90s and was somehow hard for me to fully understand.

but their aim seemed to be on stablecoins and stability, so they started started to enable users to deposit their dai, usdt or usdc, but also for wbtc, renbtc and sbtc. what was interesting is, that you saw your impact to the pool. meaning when they slightly depegged, you could enter with the most valued one in order to get a little more pool tokens and bring the peg down again.

it quickly became a lot of attention as it was also part of farming yfi. if you held on a bit to the stable pool, you were rewarded with a nice crv airdrop.

they developed quite a lot of pools which attracted huge amounts of capital as the rewards were great in the beginning. especially when you locked in your crv tokens, which i for sure did with some. 

you could then vote for your favourite gauge with your vault-locked crv.

this was the beginning for bribing as we know it know from newer protocols with the ve3,3 model.

next year my locked crv will be unlocked and they earned me a little bit of stables since then. in hindsight, selling back then would have been the clear better choice, but hey, we all have to learn...

more infos about lps and stuff in my Blog