Latest Posts with Curve Finance tag

Curve Finance

9 Articles 2 Followers

Curve Finance is a decentralized exchange exclusively designed for stablecoins, with the key feature being that it offers very low slippage as stablecoins are exchanged directly with each other. The development team has designed the algorithm to minimize slippage, with trading fees set at 0.04%. Additionally, impermanent loss i.e. a prevalent phenomenon in liquidity pools, is much lower when compared to other platforms of its kind.

 

The platform was first launched in December 2019, with early work beginning in September 2019. No official team exists. However, GitHub shows that much of the development work comes from Michael Egorov, who serves as the CTO of NuCypher, a company that is building encryption technology. 

 

In order to begin using Curve Finance, users need a web wallet like Metamask, with several others also being supported. Curve Finance currently supports the following assets: DAI, USD Coin (USDC), Tether (USDT), PAX, True USD (TUSD), Binance USD (BUSD) and Synthetix’s sUSD, as well as renBTC, wBTC and sBTC. It has also integrated with other platforms, including Compound Finance, RenVM and iEARN. 

 

Curve Finance’s design allows users to earn additional revenue from their decentralized finance (defi) investments. The protocol does not have a native token. For example, users can hold their stablecoin asset, earning money through the Compound Finance protocol while Curve Finance rebalances the investor’s tokens to obtain the highest interest rate among a set of tokens. 

 

Learn more about Curve Finance here, including news, price predictions, opinions and analyses created by users.

 

Official Site: https://www.curve.fi/

Twitter Profile: https://twitter.com/curvefinance


Full List of Incentivized Liquidity Pools

30 Jul 2020 6 minute read 2 comments D3F1

Decentralized Finance (DeFi), otherwise known as ‘Open Finance’, is clearly the hottest trend in crypto right now and for good reason.  Many of the leading DeFi protocols are critical for ushering in a decentralized and tokenized world a by bringing...

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24 Jul 2020 7 minute read 0 comments BearTrader

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22 Jul 2020 3 minute read 0 comments BearTrader

There is already $3 billion in crypto assets locked in DeFi right now. Crypto users are putting more and more value to work in DeFi applications, driven largely by the introduction of a whole new yield-generating pasture, Compound’s COMP governance...

Total Value Locked in DeFi Might Be Actually Higher Than $2B

7 Jul 2020 1 minute read 0 comments Abhi K

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7 Jul 2020 1 minute read 1 comment Abhi K

Head of cryptocurrency investment fund DTCC Capital Spencer Noon posted a tweet on July 7 that underscores the growth that the defi market has experienced in June, with numerous protocols displaying tremendous growth since June 1. The data can also b...

How Curve hacked Curve

3 Jul 2020 2 minute read 4 comments CurveFinance

In March, a sUSD incentivized pool was launched with Synthetix. The trial was overwhelmingly successful as, while having smaller value in the pool, the pool was providing a much deeper liquidity than sETH/ETH Uniswap pool. However, on April 20th (was...

Synthetix, Curve and Ren Release New BTC Yield Farming Pool

23 Jun 2020 1 minute read 0 comments Abhi K

Synthetic asset defi platform Synthetix on June 19 announced that it had launched a new Bitcoin (BTC) yield farming pool in collaboration with Curve and Ren (REN). The initiative is to improve the liquidity of Bitcoin assets on the Ethereum (ETH) net...

DeFinitely 8

13 Jun 2020 1 minute read 0 comments favicon

I read some interesting articles during the week, covering lots of exciting DeFi projects. And I think you can not afford to miss out, so here's my share Balancer.finance: Introduction of a weight ratio factor in liquidity mining Loopring Pay is Liv...

curve.fi - Stablecoin yields on Steroids

28 Feb 2020 2 minute read 14 comments fblauer

Intro Last time (my previous blog post) we talked about depositing BAT rewards from publish0x (or any other erc20 coin), along with an equal amount of eth to provide liquidity on Uniswap, and get rewards in the form of transaction fees. You could use...