We just launched our second asset for fixed rates on the Element Protocol!
The crvTriCrypto underlying Yearn vault is currently netting ~28% APY. crvTriCrypto gives 1/3 exposure to ETH, 1/3 exposure to wBTC, and 1/3 exposure to USDT.
If you mint and provide liquidity in the new Element crvTriCrypto term, you will have exposure to the underlying vault APY, trading fees for the principal and yield token pools, and receive Curve’s trading fees from the TriCrypto pool.
We will be initially supporting a 40-day crvTriCrypto term and depending on demand, we may launch a subsequent 60 or 90-day term.
Follow this link, and then select your input asset to get crvTriCrypto.
- Head to https://curve.fi
- Select tricrypto from the dropdown.
3. Select Deposit from the top navbar.
4. Choose the amount of USDT, wBTC, or ETH you’d like to input, then select Deposit and proceed to confirm the transaction.
Providing Liquidity on Element
Once you have the crvTriCrypto token in your wallet, you can now mint and provide liquidity in Element. For more detailed instructions on minting and providing liquidity on Element, you can follow the guide we provided for crvLUSD here.
Join Our Community! 🧝
We want to hear from you! You can always ask questions in our Discord if you are interested in providing feedback, reviewing our code, or just want to learn more.