Why create a separate AMM formula just for stablecoins?
Curve launched its own stablecoin, crvUSD, using a soft liquidation mechanism called LLAMMA.
Stablecoin pools also carry risks: if one stablecoin in the pool depegs, liquidity providers may end up holding a large amount of it.
$CRV is Curve's governance token; locking it lets holders participate in voting.
Had you heard of this before?
#CRV
Curve launched its own stablecoin, crvUSD, using a soft liquidation mechanism called LLAMMA.
Stablecoin pools also carry risks: if one stablecoin in the pool depegs, liquidity providers may end up holding a large amount of it.
$CRV is Curve's governance token; locking it lets holders participate in voting.
Had you heard of this before?
#CRV