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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on February 11, 2021, 01:28:04 PM

Title: DeFi’s Curve Finance Is Branching Out to Polkadot.
Post by: Malam90 on February 11, 2021, 01:28:04 PM

It costs a lot to swap assets on Ethereum. That's why Equilibrium is building a cross-chain version of Curve Finance on Polkadot.
Curve Finance’s AMM is making its way to another blockchain – Polkadot.

Money market Equilibrium is building a cross-chain implementation of Curve Finance on its Polkadot parachain. Once finished, the automated market maker (AMM) will exist on both Ethereum and Polkadot.

Curve Finance is one of the largest automated market makers (AMM) on Ethereum. The protocol enables low-slippage swaps of stablecoins such as tether (USDT, -0.03%), dai (-0.02%) and USDC (-0.05%). For example, Curve processed $400 million in volume in one day last month, according to CoinGecko. Source Link (https://www.coindesk.com/curve-finance-defi-polkadot-equilibrium)

Title: Re: DeFi’s Curve Finance Is Branching Out to Polkadot.
Post by: kent47400 on February 16, 2021, 11:28:13 AM

It is truly extraordinary that the Polkadot coin is able to create something so visionary by working with Curve.
As far as I know, this Curve is a Decentralized Exchange (DEX) which is very supportive of Ethereum coins.
Polkadot provides low transaction and swap fees so it will rival Ethereum itself as the main platform for Curve DEX.