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Primer On The Curve Ecosystem - [REDACTED]

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[REDACTED] 💱 Primer On The Curve Ecosystem CURVE & CONVEX CURVE Curve is the largest defi protocol with $20B in total-value-locked across 7 chains. It also is the largest automated market maker (AMM). AMMs are protocols that always have a buy and sell price for every asset they list. The more assets they have in their pools, the better AMMs work and the more liquidity those assets have, making users more confident that the price of those assets will be steady. Curve is the dominant AMM for stable coins, due to their ability to keep these stables pegged to a dollar. Curve also provided users with low fees (lower than CEX’s) Curve’s native token ($CRV) is a liquidity incentive, given to those who deposit their funds and preserve the sanctity of stable swaps. Curve’s ability to hold deep liquidity in a sustainable manner ensures all stable coins have the same value (1FRAX= 1USDT=1USDC etc). For stablecoins, deep liquidity is a very powerful signal that allows them to gain market share. S

Dinero Overview Dinero is a suite of products that scale yield for protocols and users. It includes: (i) an ETH liquid restaking token (pxETH) which benefits from ETH staking yield from Dinero’s validators and restaking yield from EigenCloud; (ii) a decentralized, collateral-backed stablecoin (pxUSD) as a medium of exchange on Ethereum; and (iii) a public and permissionless RPC for users. Dinero's Phases The entirety of the Dinero protocol will be released in phases: phase one is pxETH (launched), phase two is the pxUSD stablecoin (being built), and phase three is the permissionless RPC (being

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