crvUSD - Curve's StableCoin
crvUSD = Uniswap-V3 + MakerDAO Uniswap-V3 concentrated liquidity & collateralised lending.(credit to https://crvusd.0xreviews.xyz/)Abstract: crvUSD provides an innovative way of stablecoin service that drastically reduces the loss during liquidation through the use of Lending-Liquidating AMM Algorithm (LLAMMA). LLAMMA spreads liquidity into bands and introduces “devaluation” of partial collateral when collateral price drops, and recovers the collateral when price bounces back; In a historical...
FraxBasePool(FraxBP) Review
Abstract FraxBP is Frax Protocol’s endeavour to create a basepool representation of Frax on Curve. It has the strategic value to enable FRAX liquidity for other protocols through deploying FraxBP metapools, providing a direct path to inject FRAX liquidity without being exposed to DAI and USDT. Further more FraxBP levers up the total basepool liquidity, and increased money supply of FRAX. With a better bribe efficiency than the classic 3CRV metapool, FraxBP has acquired 27 metapools deployment...
$GHO - AAVE [upcoming] stablecoin
Background $GHO is AAVE’s upcoming stablecoin. AAVE’s proposal to create it’s own stablecoin was passed in August and there is an audit already done by Openzepplin. Progress update is being done in the AAVE forum. The code continues being tested and audited and $GHO is still under active development. What is $GHO $GHO is a decentralised stablecoin that is governed by AAVE. Initially, AAVE lending pool would be the only “facilitator”(explained below) that can mint and burn $GHO by depositing U...
defi dev; NFT lover; twitter: https://twitter.com/0xGeekRunner github.com/chrisckwong821 dm on twitter open.
crvUSD - Curve's StableCoin
crvUSD = Uniswap-V3 + MakerDAO Uniswap-V3 concentrated liquidity & collateralised lending.(credit to https://crvusd.0xreviews.xyz/)Abstract: crvUSD provides an innovative way of stablecoin service that drastically reduces the loss during liquidation through the use of Lending-Liquidating AMM Algorithm (LLAMMA). LLAMMA spreads liquidity into bands and introduces “devaluation” of partial collateral when collateral price drops, and recovers the collateral when price bounces back; In a historical...
FraxBasePool(FraxBP) Review
Abstract FraxBP is Frax Protocol’s endeavour to create a basepool representation of Frax on Curve. It has the strategic value to enable FRAX liquidity for other protocols through deploying FraxBP metapools, providing a direct path to inject FRAX liquidity without being exposed to DAI and USDT. Further more FraxBP levers up the total basepool liquidity, and increased money supply of FRAX. With a better bribe efficiency than the classic 3CRV metapool, FraxBP has acquired 27 metapools deployment...
$GHO - AAVE [upcoming] stablecoin
Background $GHO is AAVE’s upcoming stablecoin. AAVE’s proposal to create it’s own stablecoin was passed in August and there is an audit already done by Openzepplin. Progress update is being done in the AAVE forum. The code continues being tested and audited and $GHO is still under active development. What is $GHO $GHO is a decentralised stablecoin that is governed by AAVE. Initially, AAVE lending pool would be the only “facilitator”(explained below) that can mint and burn $GHO by depositing U...
defi dev; NFT lover; twitter: https://twitter.com/0xGeekRunner github.com/chrisckwong821 dm on twitter open.

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