🔥 DeFi Insights: Stablecoin Pools
Constant-product pools spread liquidity across all prices from 0 to infinity, but for assets that should be exchangeable at a 1:1 rate, most of that liquidity goes unused.
Stablecoin pools also carry risks: if one stablecoin in the pool depegs, liquidity providers may be left holding a pile of depegged coins.
$CRV is Curve’s governance token. Locking it lets you participate in votes.
Did you know this already?
Constant-product pools spread liquidity across all prices from 0 to infinity, but for assets that should be exchangeable at a 1:1 rate, most of that liquidity goes unused.
Stablecoin pools also carry risks: if one stablecoin in the pool depegs, liquidity providers may be left holding a pile of depegged coins.
$CRV is Curve’s governance token. Locking it lets you participate in votes.
Did you know this already?