Don’t laugh—I learned this the hard way too.
Today’s lesson: stablecoin swap pools
Curve later launched CryptoSwap pools, which support assets with greater price volatility and use an internal price to concentrate liquidity near the current price.
Before swapping, it’s worth checking the proportion of each coin in the pool. An unusually high proportion of a particular coin is often seen as a sign that the market is selling it off.
$CRV is Curve’s protocol token. Locking it lets you participate in voting. Current price: 0.3628.
Today’s lesson: stablecoin swap pools
Curve later launched CryptoSwap pools, which support assets with greater price volatility and use an internal price to concentrate liquidity near the current price.
Before swapping, it’s worth checking the proportion of each coin in the pool. An unusually high proportion of a particular coin is often seen as a sign that the market is selling it off.
$CRV is Curve’s protocol token. Locking it lets you participate in voting. Current price: 0.3628.