In today’s briefing:
- Whales Vs. Retail: Who’s Using Curve?
Whales Vs. Retail: Who’s Using Curve?
- It’s impossible to paint a full picture of Ethereum DeFi without an understanding of Curve.
- Its unique AMM mechanism enables large stablecoin swaps with extremely low price slippage and its governance and incentives make it a kingmaker for stablecoins; Terra founder Do Kwon touted the infamous 4pool – containing UST – as the thing that would catapult his stablecoin ahead of DAI.
- In the past, we have written on how Curve pools can be a useful barometer for stablecoin demand particularly during volatile market events.
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