On August 15th, crypto researcher 0xLoki posted that Curve's production cut this year superimposed the end of the unlocking period of the founding team, the actual inflation reduction was much lower than in the past, and the incentive reduction did not have a significant impact on the business scale. After the reduction, the agreement-side revenue was greater than the unlocking output for the first time, and positive cash flow is expected. Ranked by transaction volume, the second, fourth, and eighth largest pools on Curve are USDe, and the 12th, 18th, and 19th pools are LST/LRD of ETH. In the future, there are likely to be BTC ecological assets. Curve's gain from the three major asset liquidity layers is much greater than that of Unwaisp, and the revenue contribution of Lending (Crvusd) has exceeded that of Swap.