Researcher: After Curve's production cut, the income from the agreement side exceeded the unlocked output for the first time, hoping to achieve positive cash flow

News on August 15th, crypto researcher 0xLoki stated that Curve's reduction in production this year overlapped with the end of the founding team's unlocking period. The actual inflation reduction was much lower than before, and the decrease in incentives did not have a significant impact on business scale. After reducing production, protocol-side income exceeded unlocked output for the first time, potentially achieving positive cash flow. Ranked by transaction volume, the second, fourth and eighth largest pools on Curve are USDe; while twelfth, eighteenth and nineteenth pools are ETH's LST/LRD. In future there may also be assets from BTC ecosystem. The gain from three major asset liquidity layers is far greater than Uniswap for Curve; moreover revenue contribution from lending (Crvusd) has already surpassed Swap.