Ethereum

Why are people still providing liquidity for 2% APY? 

How did Curve convince whales to provide liquidity almost for free?

I found the answer. 

The biggest LP here is the wintermute hacker:

Researcher at Clave and
Co author of EIP-7212 

I found the answer. 

The biggest LP here is the wintermute hacker: 
https://debank.com/profile/0xe74b28c2eae8679e3ccc3a94d5d0de83ccb84705

more generally

defi rates and tradfi rates do not always equilibrate — there are structural reasons for why this happens sometimes