Similar to Uniswap, Curve Finance is an Automated Market Maker (AMM) based Decentralised Exchange (DEX). Unlike Uniswap, its main focus is only to swap between assets that are supposed to have the same value. This is useful in the DeFi ecosystem as there are plenty of wrapped tokens and synthetic tokens that aim to mimic the price of the real underlying asset. For example, one of the biggest pools is 3CRV, which is a stablecoin pool consisting of DAI, USDT, and USDC. Their ratio in the pool will be based on the supply and demand of the market. Depositing a coin with a lesser ratio will yield the user a higher percentage of the pool. As such when the ratio is heavily tilted to one of the coins, it may serve as a good chance to arbitrage. Curve Finance also supports yield-bearing tokens. For example, it collaborated with Yearn Finance to release yUSD pools that consisted of yDAI, yUSDT, yUSDC and yTUSD. Users that participated in this pool will not only have yield from the underlying yield-bearing tokens, but also the swap fees generated by the Curve pool. Including the yield farming rewards in terms of CRV tokens, liquidity providers of the pool actually have three sources of yield.
News
I think this is the idea of the new pump update. Instead of wasted sol at the end of the constant product LP curve, you reduce buy side liquidity(sol) and do buybacks instead to raise floor. I’m not a savant to math it out but I think it should work out if the buys come in mostly under bond price
Measured against the biggest asset in crypto. That's how you know a trend is real. Tokenized stocks aren't riding the market cycle, they're building a curve of their own.
America broke from the Henry Adams Curve and chose scarcity. Today’s Bitcoin Brief also covers XXI dropping Strike, BIP-110’s Lightning risk, and status-driven fertility. Read by bitcoiners, builders, miners, investors and operators. Join them: https://www.tftc.io/bitcoin-brief
A fun narrative articulation of a drum Chris has been beating for a couple years, and that the industry seems to finally be catching up to. And so we march up the intelligence s-curve! The question of course remains: at what point (and for whom) does the frontier of “intelligence” ever stop being
The first Llamalend V2 markets are now live on Ethereum: sDOLA by @InverseFinance sfrxUSD by @fraxfinance Lend, borrow, or boost your yields → https://www.curve.finance/llamalend/ethereum/markets?version=v2&chain=ethereum
Bitcoiners have been ahead of the curve on the sovereign stack for more than a decade. Love to see these ideas going mainstream. With that said, a ton of work still needs to be done on the UX side to make sovereign solutions stupid simple. https://x.com/DavidSacks/status/2079574081788317998
The cliff already happened, but now there’s monthly emissions from investors that will begin to impact the supply demand curve that wasn’t in the price the last year. Every month as more tokens unlock they will make a new decision on whether to sell or not. It’s not a single moment that they’ve al
$KARMA was auto-flagged in the Uniswap interface and Robinhood app this week; an automated detector that can trip on normal launch volatility for bonding-curve tokens on a new chain. @blockaid_ reviewed and confirmed it's a false positive: legitimate token, live liquidity, standard contract code. V
RT @milkroaddaily: Raoul Pal: We're not just on an exponential curve anymore... We've jumped to a double exponential. "Reed's law is the…
RT @anonchain: @_Shadow36 Have you heard of @squeezerun Sniping is pointless. The dev sets the starting market cap. curve 1 opens flat…