[REPORT] ETHplus Quarterly Report Q1 2026

Could you please elaborate?

Hmm. Any other events happened within the Curve world that could have triggered this?

This last sentence I suppose is more a, we will see, kind of statement? Or is there anything we could materially push for to make that outcome more likely?

I don’t follow. Legacy TVL seems to be stable but price decline happened. So how would we recover legacy TVL, besides increasing ETH price :stuck_out_tongue:

  • Structured products (e.g. Tulipa ETHplus) attracted ~2,610 ETH
    → Although incentivised this demonstrates strong demand for packaged ETHplus exposure
    → Given historically employed growth strategies have now been found to be deeply unprofitable. Are curated products like this a more scalable path?

Humor me, so it shows strong demand, but was incentivised. But growth strategies (I assume incentivisation) is deeply unprofitable.
Yes a curated product like this could be a scalable path.
How can we know, if it was incentivised?
Generally not a fan of incentives for protocols, so in that sense likely agree. Just wondering how we know if this is different.

Any idea if this could be due to Ugglycash offering it now more easily within their app?

Would want some input from ABC here I’d say. From what I understand they are the ones on the trigger and likely have the most data. @griffpeer @ivanhalen0x

To oversimplify: new always wins over reviving the old in crypto. So would be in favor of going after these early traction leads.

IMO with each report, back and forth, and crisis’ like the one with rsETH, we will be able to see more and more what we as new delegates are able to contribute.

If we chose to go after Terms and Tulip more, then increasing content about them would make sense.