How to Earn CRV as a Curve LP

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Curve Finance, which offers deep liquidity pools for trading pegged assets like sBTC and WBTC as well as stablecoins, just released its new governance token CRV. In light of this, DeFi Dad shows how he became a Curve LP earning the new CRV token, including how he considers lending idle assets with DeFi Score, how that leads him to a yield bouncer like yearn.finance, and why he eventually chose to deposit stablecoins in the Curve Y Pool (https://www.curve.fi/iearn/deposit).

DeFi Dad walks us through the following:
1´ŞĆÔâú How to compare DeFi lending rates and why Curve Y made sense
2´ŞĆÔâú How to deposit into the Curve Y Pool and become an LP
3´ŞĆÔâú How to stake a Curve LP token and earn CRV
4´ŞĆÔâú Recap of risks

Helpful DeFi tutorials to learn more about topics referenced by DeFi Dad:
­čîŻ What is Yield Farming: https://youtu.be/boKYRAxREJY
­čôł How to Maximize DeFi Lending Interest with a Yield Bouncer: https://youtu.be/QTLM4oE2Hfs
ÔÜí How to Zap into DeFi Investments with Zapper.fi: https://youtu.be/VtXB-NJMjMc

Helpful resources referenced in the video:
­čŤá´ŞĆ Compare DeFi Scores at: https://app.defiscore.io/assets/dai
­čŤá´ŞĆ Try Zapper.fi for tracking your DeFi portfolio and using DeFi Zaps: https://zapper.fi/invest
­čŤá´ŞĆ Try Curve Finance at: https://www.curve.fi/
­čŤá´ŞĆ Try the Curve Y Pool at: https://www.curve.fi/iearn/deposit
­čŤá´ŞĆ Try the Curve DAO where one stakes LP tokens: https://dao.curve.fi/
­čŤá´ŞĆ Check out yearn.finance yield bouncer at: https://yearn.finance/earn
­čŤá´ŞĆ Find recommended gas prices at: https://ethgasstation.info/

For more Bankless video tutorials, check out: https://www.youtube.com/playlist?list=PLmkdAgtxf3aiduauYPPqUWqpMmAXm2vt5

Video by: @DeFi_Dad
Follow @DeFi_Dad on Twitter
For more DeFi Tutorials with DeFi Dad, subscribe to his YouTube channel by going to http://defidad.com/.

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Disclosure, Disclaimer, & Risks: Curve and Zapper.fi did not pay DeFi Dad to produce this video. This is not financial advice and you should approach all DeFi applications, wallets, and protocols with caution. Please be aware there is always risk in using DeFi, including technical risks (ie smart contracts hacks), financial risks (ie liquidity crises), potentially admin risk (admin key compromise, governance vulnerabilities) and the risk of a pegged asset like a stablecoin failing. It is also risky to use leverage because you can amplify your losses with larger positions.

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

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