Swapping pegged assets shouldn't cost you in slippage.
But on a standard AMM, it does. The curve wasn't built for assets that move together.
Let's understand stable pools and why they exist 🧵

When do stable pools make sense?
-> Pegged stablecoins (GHO/USDC, AUSD/USDT)
-> LSTs and LRTs (rETH/WETH, rsETH/WETH)
-> Wrapped versions of the same asset
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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