Why is slippage so low when swapping between stablecoins? No worries, your study rep is here:
One of Curve's best-known early pools, 3pool, is made up of three stablecoins: DAI, USDC, and USDT.
StableSwap concentrates liquidity around a 1:1 ratio, so swaps between pegged assets have much lower slippage in pools of the same size.
Don't laugh at me—I only remembered after learning the hard way.
$CRV 0.3558 (+3.97%)
#CRV
Just a little note, not investment advice.
One of Curve's best-known early pools, 3pool, is made up of three stablecoins: DAI, USDC, and USDT.
StableSwap concentrates liquidity around a 1:1 ratio, so swaps between pegged assets have much lower slippage in pools of the same size.
Don't laugh at me—I only remembered after learning the hard way.
$CRV 0.3558 (+3.97%)
#CRV
Just a little note, not investment advice.