According to the Curve Finance protocol, the soon-to-be-launched stableswap pool is a new-generation refactored pool. The protocol, however, highlighted a major impediment that features the low demand for stableswap pools with fees and, hence, wants community input to determine whether or not this new product should be floated.
Curve Finance spent a considerable time getting its house in order after more than $60 million was siphoned from the protocol. The protocol's founder, Michael Egorov, took on a large number of debt positions in a bid to help restore liquidity to the pool as well as confidence in the Curve ecosystem.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: WSJ - 🏆 98. / 63 Read more »