Why is slippage so low when swapping between stablecoins? No worries—the class rep has the answer:
Curve later introduced CryptoSwap pools for assets with high price volatility. They use an internal price to concentrate liquidity around the current price.
The constant product model spreads liquidity across all prices from 0 to infinity. For assets that should be exchangeable at a 1:1 ratio, most of that liquidity is actually unnecessary.
At first, I thought understanding candlestick charts was all I needed. Later, I realized that the rules are the first lesson.
$CRV 0.3547（+3.9%）
#CRV
Make your own decisions when buying and selling—don't follow the crowd.
Curve later introduced CryptoSwap pools for assets with high price volatility. They use an internal price to concentrate liquidity around the current price.
The constant product model spreads liquidity across all prices from 0 to infinity. For assets that should be exchangeable at a 1:1 ratio, most of that liquidity is actually unnecessary.
At first, I thought understanding candlestick charts was all I needed. Later, I realized that the rules are the first lesson.
$CRV 0.3547（+3.9%）
#CRV
Make your own decisions when buying and selling—don't follow the crowd.