Rapid Insights: Curve’s Stablecoin Protocol

Rapid Insights: Curve’s Stablecoin Protocol


TheBlock
2022-12-06 14:20:36

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.