Let’s talk about stablecoin swap pools.
When the price is near 1:1, the StableSwap curve approaches a constant-sum curve (x + y = k). The farther it moves from 1:1, the more the curve approaches a constant-product curve.
To be honest, I only understood this later: before swapping, it’s worth checking the proportions of each coin in the pool. If one coin makes up a noticeably larger share, it’s often interpreted as the market selling that coin.
$CRV is Curve’s governance token. Locking it lets you participate in voting. Current price: 0.2649.
Don’t follow the crowd just because everyone around you is buying.
When the price is near 1:1, the StableSwap curve approaches a constant-sum curve (x + y = k). The farther it moves from 1:1, the more the curve approaches a constant-product curve.
To be honest, I only understood this later: before swapping, it’s worth checking the proportions of each coin in the pool. If one coin makes up a noticeably larger share, it’s often interpreted as the market selling that coin.
$CRV is Curve’s governance token. Locking it lets you participate in voting. Current price: 0.2649.
Don’t follow the crowd just because everyone around you is buying.
