A governance proposal within curve finance
On 31 July, a Karvvo member submitted a resolution, in which the layer of curve produces very low revenue and diverts resources with a more valuable initiative such as its original Stabelcoin, CRVUSD. Layer 2 network has been designed for Skalibility of Emopro -Etherem and has become popular over interest over years.
Curve earns more than Ethereum a day compared to 450 L2S
The proposal highlighted Curve’s disposant revenue generation in 24 layer 2 networks. For the proposal, the protocol earns approximately $ 1,500 daily in all these layer 2 chains, which is equal to $ 62 per network.
Keeping this in mind, the proposal states that such returns do not justify the cost of engineering and long-term maintenance requests to support these fast-moving blockchain networks.
The author said, “There is an attempt to bring a curve in the L2S, but the situation speaks for itself. Due to their sharp paste, the short -term, nature,” the author said.
In comparison, the curve’s atherium is a more attractive source of mannet income.
The protocol reportedly earns about $ 28,000 per day from its atherium pool – more than daily revenue combined with its layer 2 enterprises.
He said, “Curves Atherium Pool on normal day at a revenue of $ 28,000, equivalent to about 450 L2, looking at his average revenue,” he did not.
According to the data from the defilama, it is stunning considering more than 90% of the total value lock (TVL) of the curve on the blockchain network.
Curve’s Defi TVL. Source: DefilamaFor example, the proposal urged the protocol to cut all growth on layer -2 networks and focus on the atherium.
The author wrote, “Each of those chains requires at least the same care as atherium, while only very little. Fruitful directions.”
Meanwhile, the radical occupation of the proposal has discussed the multi-chain expansion motors with the community of the DEFI protocol.
The Defi analyst GNAS stated that Aave is another major Defi protocol, expert challenge.
For him, the expansion of Kas, AAway across the chain has proved unprofitable and reflects the difference that faces several DEFI protocols when deploying parts 2 networks.
Ignas Sugsted said that challenges are the most layer 2 networks due to lack of user traction aprosis, indicating that atherium layer 2 can get closer to ecosystem saturation.
“We reached an L2 saturation point … real hard time for undeclared L2S,” said Ignus.
The data of L2Beats supports this approach, it suggests that only a few atherium layer 2 networks –
Meanwhile, Curve’s core team removed itself from the proposal, that it does not reflect their current roadmap.
Protocol said, “This is clear: This post does not come from the team working on the post, and no one in the team agrees (so we will not take that direction).
The post curve sees the pivot away from the atherium layer 2 network after a bad yield, which first appears on the beincrypto.
