Why is slippage so low when swapping between stablecoins?
Curve launched its own stablecoin, crvUSD, which uses a soft liquidation mechanism called LLAMMA.
Curve later introduced CryptoSwap pools for assets with greater price volatility. They can concentrate liquidity near the current price based on an internal price.
When managing positions, the most important thing to remember is to check the proportions of each coin in the pool before swapping. If one coin makes up a noticeably larger share, it is often seen as a sign that the market is selling off that coin.
$CRV 0.3655 (-0.41%)
Curve launched its own stablecoin, crvUSD, which uses a soft liquidation mechanism called LLAMMA.
Curve later introduced CryptoSwap pools for assets with greater price volatility. They can concentrate liquidity near the current price based on an internal price.
When managing positions, the most important thing to remember is to check the proportions of each coin in the pool before swapping. If one coin makes up a noticeably larger share, it is often seen as a sign that the market is selling off that coin.
$CRV 0.3655 (-0.41%)