designed for (1) extremely efficient stablecoin trading (2) low risk, supplemental fee income for liquidity providers, without an opportunity cost.
Curve allows users (and smart contracts like 1inch) to trade between DAI and USDC with a bespoke low slippage, low fee algorithm designed specifically for stablecoins. Behind the scenes, the liquidity pool is supplied to the Compound protocol, where it generates income for liquidity providers.
Have you heard about Uniswap Decentralized Exchange? If the answer is no, this post might be of your interest and if you already knew about it, maybe there is something you didn’t understand well enough and this reading will clarify your doubts. What is Uniswap? Uniswap is a Decentralized Exchange completely hosted on […] More