🐋 Beyond understanding the funds, you should also know these basics: stablecoin swap pools
Curve has issued its own stablecoin, crvUSD, which uses a gradual liquidation mechanism called LLAMMA.
The constant-product model spreads liquidity across all prices from 0 to infinity. For assets that should be exchanged at a 1:1 rate, most of that liquidity is simply unusable.
$CRV is Curve’s governance token. Locking it lets you participate in voting.
Try to invest only funds you can afford to lose without affecting your life.
#CRV
Curve has issued its own stablecoin, crvUSD, which uses a gradual liquidation mechanism called LLAMMA.
The constant-product model spreads liquidity across all prices from 0 to infinity. For assets that should be exchanged at a 1:1 rate, most of that liquidity is simply unusable.
$CRV is Curve’s governance token. Locking it lets you participate in voting.
Try to invest only funds you can afford to lose without affecting your life.
#CRV