Stake DAO created a liquid locker for the CRV token, the governance token of Curve, called sdCRV. As sdCRV is a liquid form of veCRV, users have the possibility to deposit and stake directly on Stake DAO or buy on the secondary market, using the sdCRV/CRV pool.
TL;DR: Liquid Lockers unlock the following from lockable tokens:
Maximised yield
Exit liquidity (convert back to underlying governance token)
Governance power (no vote-lock)
Bribing (sell your votes)
Cross-chain accessibility (to come)
Boost your voting power (using veSDT)
What are Liquid Lockers ?
Stake DAO Liquid Lockers allow DeFi users to unlock power from lockable tokens (e.g. ANGLE, FXS, CRV) without having to compromise on yield, voting power, or liquidity.
With Stake DAO Liquid Lockers, anyone that supplies assets receives the maximum yield boost while retaining full voting rights and benefits of their token's native protocol, as well as the ability to boost voting rights, on-sell them, and exit their position back to the underlying token.
Where is Stake DAO CRV available for purchase?
You can exchange SDCRV tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Stake DAO CRV is Curve (Ethereum), notably the SDCRV/SDCRV pair, which saw a trading volume of $ 150,381 in the past day.
What is the highest value Stake DAO CRV (SDCRV) has ever reached?
Stake DAO CRV (SDCRV) reached its peak price at 1.27 $ on 21 February 2023, approximately 2 years ago ago. Presently, the current price is -58.77% lower than this all-time high.
What is the historical minimum price for Stake DAO CRV (SDCRV)?
The minimum price reached for Stake DAO CRV (SDCRV) was 0.09381 $, documented on 30 July 2023, more than 2 years ago. In comparison, the current price is 458.09%, it above this historical low.
What is the fully diluted valuation of Stake DAO CRV (SDCRV)?
The fully diluted valuation (FDV) of Stake DAO CRV (SDCRV) stands at $ 8,06 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of SDCRV tokens. The realization of this FDV might take several years depending on the emission schedule of SDCRV tokens.
How to add Stake DAO CRV (SDCRV) to MetaMask?
By integrating Stake DAO CRV (SDCRV) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import SDCRV as a token. You can either manually import SDCRV by copying its contract address (0xd1b5651e55d4ceed36251c61c50c889b36f6abb5) or use MetaMask's Chrome extension to add SDCRV with a single click through P.CASH.
How to add Stake DAO CRV (SDCRV) to TrustWallet?
Incorporating Stake DAO CRV (SDCRV) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include SDCRV, you can either manually import it using the contract address (0xd1b5651e55d4ceed36251c61c50c889b36f6abb5) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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