Over the next couple of days/weeks, I'm going to give you a deep dive into @CurveFinance.
By building an understanding from the ground up.
My goal is simple, by the end of this series, you should understand not only what Curve is, but why it became one of the most important pieces of infrastructure in DeFi.
The more I learned about Curve, the more I realized that it was built to solve a very specific problem and that's exactly why it became so successful.
Imagine you hold a million USDC and want to swap it for USDT.
On a traditional automated market maker, a trade of that size would move the price significantly.
The larger the trade, the more value you lose to slippage.
Curve asked a simple question,
What if both assets are supposed to have almost the same value in the first place?
If USDC and USDT are both designed to trade around one dollar, why should swapping between them become increasingly expensive as trade size grows?
That question became the foundation of Curve.
Instead of optimizing for every possible trading pair, Curve was specifically designed for assets that are expected to trade at similar prices stablecoins, liquid staking tokens, wrapped assets, and other closely correlated assets.
That single design decision completely changed the economics of on-chain trading.
It allowed users to execute significantly larger swaps with far lower slippage than traditional AMMs could offer under the same conditions.
Over time, this made Curve the preferred liquidity venue for many of DeFi's largest stablecoin markets.
Today, countless protocols either source liquidity from Curve directly or build products around it.
In many cases, users don't even realize they're interacting with Curve's liquidity because another protocol sits between them and the underlying pools.
This first post is only the starting point.
In the next part, we'll look at why traditional AMMs struggle with stable assets in the first place and why Curve had to invent an entirely different approach instead of simply improving the existing one.
This is the only "utility" of meme coins.
To transfer wealth from the many to a few.
And people in this space keep glorifying it, encouraging it, and cheering it on as if the proliferation of meme coins is going to "save" this industry while it's doing the exact opposite.
I can understand those who are actively trading these assets- you can trade anything that moves and make money while managing risk at the same time.
But meme coins should not be viewed as "investments" because all you are "investing" in is attention and hot air, and the biggest beneficiaries of this attention are insiders (9/10 times), not the average joe.
https://t.co/LrdqAts1O9
Welcome the CTG Capital Launch
If this video is helpful to you, 🚨PLEASE SHARE🚨
We are more likely to do things like this if well received.
This video covers:
- upcoming changes
- membership specials
- a peak at what @TheBronxViking and I do on regular basis covering charts
Today we covered: $QQQ $SPY $RSP $MAGS $PLTR $TSLA $NVDA $AVGO $MRVL $RGTI and $AMC
This Friday the “Legacy Memberships” launch.
🚨Announcement🚨
Video uploading now, but I wanted to introduce the team of CTG Capital.
Make sure you follow @CTGcapita1 as that’s where the video will be posted with a major announcement at the beginning.
5 years ago I started this with just me and a mission to help change retails life through education. I would not be where I am without some awesome people who have joined me.
Please follow them for more awesome charts, updates and trade ideas coming soon.
Obviously a lot of you know @TheBronxViking but other awesome analysts include:
@v10kingsnake@Mike_M907@Cameronbharker@ChillPicker
@Jprez89
@R_Tec007