CurveDAO member phil_00Llama proposed a motion to stop expanding Curve to more Ethereum Layer 2 networks, citing that these deployments have very low economic benefits and consume a large amount of development resources. He pointed out that Curve currently operates on about 25 on-chain networks, but these chains collectively generate only about $1,500 in daily revenue, far below the revenue of the Ethereum mainnet pools, which have a TVL of nearly $2.3 billion, while Base and Arbitrum only have about $50 million each. He suggested maintaining the existing deployments but halting further development, focusing resources on the Ethereum ecosystem, such as promoting the adoption of the stablecoin scrvUSD. (The Block)

PHIL-4.11%
CRV-1.86%
ETH-3%
ARB-2.01%
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