avatar

Curve Finance's Stablecoin Whitepaper Released on Github

Curve Finance's Github page shows that the whitepaper of its stablecoin has been released.

Curve's stablecoin will be powered by Lending-Liquidating AMM Algorithm (LLAMMA), which will replace liquidations with a special-purpose AMM. Curve said that, "in this design, if someone borrows against collateral, even at liquidation threshold, and the price of collateral dips and bounces — no significant loss happen."

Source

DeFi

Stablecoins

Curve

DEX

In This Article

Related News
Wall Street back-office giant DTCC mulls stablecoin integration: report Wall Street back-office giant DTCC mulls stablecoin integration: report
Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit
Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Latest News More More
4 Days Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
July 7 TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open