DeFi｜Why do stablecoins have such low slippage when exchanging with each other?
Curve's StableSwap is an AMM designed specifically for assets with similar prices, such as swapping between different stablecoins, or between ETH and stETH.
When one stablecoin in the pool becomes relatively cheaper, arbitrageurs will swap it out to profit from the price difference, while bringing the pool back toward balance.
$CRV is Curve's protocol token, which can be locked to participate in voting.
Position size should match your capacity, and leave yourself room to maneuver.
#CRV
Curve's StableSwap is an AMM designed specifically for assets with similar prices, such as swapping between different stablecoins, or between ETH and stETH.
When one stablecoin in the pool becomes relatively cheaper, arbitrageurs will swap it out to profit from the price difference, while bringing the pool back toward balance.
$CRV is Curve's protocol token, which can be locked to participate in voting.
Position size should match your capacity, and leave yourself room to maneuver.
#CRV