Express

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.

Last Update:

Tags: ,,,
Link: Shell Protocol Launches Its First Stablecoin Pool   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 3 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 14 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 18 days ago

    • You need to login to comment.