My first step into DeFi was on curve 2 months back - more like learning to swim in the ocean by night if you ask me :) Honestly the UX could be a bit more user friendly, it’s very easy to get lost in there.
As they mention in the video, I would have never bought CRV token and locked it for 4 years if it was not for the 2.5x APY multiplier. Yes FOUR years ! At the pace the global crypto ecosystem is moving today, good luck to have a prediction of what would be your locked CRV in 4 years. Nevertheless I did it and most of CRV users are also doing it as the average locking period is 3.6 years. I’ve been lucky enough to buy CRV in a dip at 0.33 so not very concerned about the price right now. Something to think about is how fast pools APR are changing and how new pools are added with higher APY. That makes sense indeed but if you are a small investor keep in mind that pool switching will eat your benefits due to the ETH gas fees. Seems like I didn’t paint an ideal picture of curve but don’t get me wrong, I’m still happy with my investment there and don’t plan to exit my money. Maybe switch pool when my APY goes too low and if gas fees are reasonable ;)

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