Curve Finance, a decentralized exchange popularly used for trading stablecoins, has launched on Fantom and xDai’s growing ecosystems.Curve’s Multi-Chain Future
Curve Finance has released an identical version of its decentralized exchange on Fantom and xDai.
On Fantom, three pools are available, while xDai has only one: the protocol’s DAI, USDC, and USDT pool. With the proper incentivization mechanisms, the protocol should drive significant liquidity to the two chains.When Curve ported its protocol to Polygon, the move contributed to the Ethereum scaling solution’s exponential growth. The decentralized exchange provides deep pools of liquidity with minimal price slippage even on large transactions. A month after it had launched on Polygon, many yield farmers migrated from Ethereum and Binance Smart Chain.
As both Fantom and xDai are Ethereum Virtual Machine compatible, porting an Ethereum-native protocol like Curve doesn’t require rewriting most of the code. Minimal changes are sufficient to release a working product.
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