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RE: Steemit Crypto Academy Season 5 [Advanced Course] Week 7 - Curve Finance- An efficient automated market maker with better leverage & minimal slippage

in SteemitCryptoAcademy • 3 years ago

Hello, prof @sapwood.

I'm not quite sure I get the first question as I don't see a definite answer from the course. Any help?

3 years ago in SteemitCryptoAcademy by
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     3 years ago (edited)

    Different pools

    Lending pool, Tri-pools, liquidity pools being integrated with lending protocols, etc and many others

    Different features

    Stablecoin swap, integrated pools, multichain existence of CRV, lending pools and non-lending pools, etc

    What are the major DeFi protocols Curve is integrated with?

    Hint- Compound. Do a bit more research, you will get to know others.

    How does Curve Finance improve the second layer utility of a token of a different protocol?

    Do a bit more research again. You can lend in Compound, and issued with cToken, that token can be utilized in Curve Finance to earn extra rewards (specific pool), indicate those pools.

    I hope it clarifies.

    Thank you.

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       3 years ago 

      Yeah. Now I get the question. Thanks for elaborating.

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