Here are a few things to remember about stablecoin pools:
1) One of Curve’s well-known early pools, 3pool, consists of three stablecoins: DAI, USDC, and USDT.
2) 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.
3) Before swapping, you can check the proportions of each coin in the pool. If one coin’s proportion is noticeably high, it is often seen as a sign that the market is selling it.
$CRV is Curve’s protocol token. Locking it lets you participate in voting. Its current price is 0.368.
1) One of Curve’s well-known early pools, 3pool, consists of three stablecoins: DAI, USDC, and USDT.
2) 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.
3) Before swapping, you can check the proportions of each coin in the pool. If one coin’s proportion is noticeably high, it is often seen as a sign that the market is selling it.
$CRV is Curve’s protocol token. Locking it lets you participate in voting. Its current price is 0.368.