November 23, 2022

Zxpirit – Zee of Crypto

Zxpirit monitors cryptocurrency and blockchain market trends. Stay up to speed on crypto assets, NFTs, dApps, and more.

Curve Finance

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is curve finance safe what is curve finance

Curve is a decentralized stablecoin exchange. It is able to provide traders extremely little slippage and liquidity providers little to no possible loss by focusing on stablecoins.  Curve employs an automated market maker (AMM) system in conjunction with liquidity pools. Curve Finance compensates customers that offer liquidity to the exchange in addition to allowing users to swap stablecoins. To execute an exchange, liquidity pools eliminate the requirement to match a buyer with a seller. Instead, users swap tokens in and out of a pre-funded pool, resulting in a faster transaction. 

As a non-custodial service provider, Curve Finance does not have direct access to a user’s cryptocurrency tokens. Support for Wrapped Bitcoin implementation was recently added. With association like REN, WBTC, and SNX, even more integrations and partnerships have opened up.

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