DeFi tip: Stablecoin swap pools
· The StableSwap curve is approximately 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 curve.
· Curve launched its own stablecoin, crvUSD, which uses a gradual liquidation mechanism called LLAMMA.
$CRV is Curve’s protocol token. Locking it allows you to participate in voting.
#CRV
· The StableSwap curve is approximately 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 curve.
· Curve launched its own stablecoin, crvUSD, which uses a gradual liquidation mechanism called LLAMMA.
$CRV is Curve’s protocol token. Locking it allows you to participate in voting.
#CRV