Curve: Market leverage demand surges after Trump's election, deal revenue grows rapidly
On November 21st, Curve Finance published a document saying that after Trump recently won the US election, the crypto industry has ushered in a large-scale rise. Key stocks such as MSTR and COIN have been reassessed, and Bitcoin has also approached the $100,000 mark. Leverage demand has led to an increase in DAO weekly income, from an average of $268,000 before Trump took office to $581,000 in the past week.
The current annualized income distributed to veCRV holders is approximately $31 million per year, excluding income from participating in voting incentives. As of today, the DAO has accumulated $554 million including voting incentive bonuses.