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Shell Protocol Launches Its First Stablecoin Pool

Amy Liu

Summary: Today, the Shell Protocol is launching its first stablecoin liquidity pool.  Shell pools have five features worth emphasizing: deep stablecoin liquidity,reserve weights,protections against a broken peg,dynamic fees,interoperability with aTokens and cTokens. These five features incorporate facets of several DeFi protocols: Curve, Balancer, mStable and Mooniswap. Like Curve, Shell can facilitate large stablecoin-to-stablecoin trades with minimal slippage. Like Balancer, Shell pools ...

Today, the Shell Protocol is launching its first stablecoin liquidity pool. 

Shell pools have five features worth emphasizing: deep stablecoin liquidity,reserve weights,protections against a broken peg,dynamic fees,interoperability with aTokens and cTokens.

These five features incorporate facets of several DeFi protocols: Curve, Balancer, mStable and Mooniswap. Like Curve, Shell can facilitate large stablecoin-to-stablecoin trades with minimal slippage. Like Balancer, Shell pools can have weights. For example, our maiden pool will have target weights of 30% DAI, 30% USDC, 30% USDT and 10% SUSD.

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