What is Stake DAO CRV
Stake DAO created a liquid locker for the CRV token, the governance token of Curve, called sdCRV. As sdCRV is a liquid form of veCRV, users have the possibility to deposit and stake directly on Stake DAO or buy on the secondary market, using the sdCRV/CRV pool.
TL;DR: Liquid Lockers unlock the following from lockable tokens:
Maximised yield
Exit liquidity (convert back to underlying governance token)
Governance power (no vote-lock)
Bribing (sell your votes)
Cross-chain accessibility (to come)
Boost your voting power (using veSDT)
What are Liquid Lockers ?
Stake DAO Liquid Lockers allow DeFi users to unlock power from lockable tokens (e.g. ANGLE, FXS, CRV) without having to compromise on yield, voting power, or liquidity.
With Stake DAO Liquid Lockers, anyone that supplies assets receives the maximum yield boost while retaining full voting rights and benefits of their token's native protocol, as well as the ability to boost voting rights, on-sell them, and exit their position back to the underlying token.
Stake DAO CRV vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, SDCRV would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of SDCRV might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including SDCRV.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
