193 Articles 14 Followers
$0.202694
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
10 Feb 2021 1 minute read 0 comments Equilibrium
We’re on our way to unveiling “Uniswap for stablecoins” on our parachain. Equilibrium will collaborate with Curve Finance to bring a Substrate-based runtime version of Curve’s automated market maker (AMM) to Equilibrium’s users and to the Polkadot...
2 Feb 2021 2 minute read 2 comments XawPublish
Welcome to the monthly review of my token portfolio, it's already the 12th post where I provide an update of the interests received, the services used and the transactions performed during the month. This post tracks what happened in January. Crypto...
1 Feb 2021 4 minute read 13 comments Ed-california
I’ve spent a lot of time on CoinGecko recently, trying to figure out ways to put the data they provide to some good use, and I recently found out about the magical Market Cap/TVL (Total Value Locked) Ratio; This is the ratio of market capitalization...
28 Jan 2021 3 minute read 7 comments 0xJonnyDee
The UNI altcoin is very close to reaching an all-time high price and should do so shortly. Both FTM and ALPHA have reached new all-time highs but are likely approaching or have reached a local top. AAVE has been consistently reaching new highs since...
26 Jan 2021 2 minute read 14 comments KuCoin Blog
Bitcoin’s price has been on a roller coaster over the last week. According to the moves of KuCoin’s BTC/USDT trading pair, Bitcoin fell to as low as $28,856 on January 22, and picked up to $33,814 within the following 24 hours. Over the same period,...
22 Jan 2021 5 minute read 6 comments paulOf91
Not so long ago, I described these four luxurious strategies that Harvest Finance recently integrated into their platform. Well, it seems that Harvest Finance is back and, this time, they are firing new farming strategies out like a machine gun. This...
21 Jan 2021 1 minute read 0 comments Bfab
Yearn Finance has lost some ground in favor of the other DeFi protocols in the last few weeks, e.g. Alpha Homora which is now also around $300m TVL. However, its upside potential remain huge, since its TVL has not been affected by the latest BTC cras...
21 Jan 2021 1 minute read 0 comments Makingdigital
I am back with the Top of the tokens that have seen their price increase the most in the last week. At least 10%. This scheme is very volatile and due to this characteristic, typical of almost all cryptocurrencies, in a matter of hours it could vary...
18 Jan 2021 2 minute read 4 comments 0xJonnyDee
Of the five biggest altcoin gainers from last week, IOST has the potential for a continuation of its significant upward move after reclaiming a long-term resistance area. BQX and CRV have the potential for an increase towards the closest resistance a...
14 Jan 2021 2 minute read 2 comments Makingdigital
This article must be recorded on your retina forever. In such a way that you never have to resort to it in an emergency. If you are very excited and excited to invest in Defi platforms and become a millionaire, be very careful dear, you could be in f...
