Rapid Insights: Curve’s Stablecoin Protocol
Quick take
- Curve initially gained popularity as an exchange for similarly priced assets, but has since expanded to other DeFi products.
- Recently, Curve released details about its planned stablecoin protocol.
- The design blends aspects of CDP protocols and AMMs for collateralization and algorithmic stablecoins for price stability.
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Author: Afif Bandak
