Why design a separate AMM formula specifically for stablecoins?
First, the definition: StableSwap’s curve approaches constant sum (x + y = k) when the price is near 1:1. The farther it moves from 1:1, the more the curve resembles a constant product.
The principle: StableSwap concentrates liquidity near 1:1, so in a pool of the same size, slippage is much lower when swapping pegged assets.
$CRV is Curve’s governance token. Locking it lets you participate in voting. It’s currently at 0.3581.
If you don’t understand a product, don’t take a large position in it. Try it out with a small amount first.
#CRV
These are just my personal views and should not be used as a basis for trading.
First, the definition: StableSwap’s curve approaches constant sum (x + y = k) when the price is near 1:1. The farther it moves from 1:1, the more the curve resembles a constant product.
The principle: StableSwap concentrates liquidity near 1:1, so in a pool of the same size, slippage is much lower when swapping pegged assets.
$CRV is Curve’s governance token. Locking it lets you participate in voting. It’s currently at 0.3581.
If you don’t understand a product, don’t take a large position in it. Try it out with a small amount first.
#CRV
These are just my personal views and should not be used as a basis for trading.