Curve Finance celebrates one year anniversary and sums it up | Top DeFi
Curve Finance celebrates one year anniversary and sums it up
The team at the popular DeFi platform Curve Finance tweeted that the platform is one year old. It is also reported that Curve Finance has launched ETH2 stacking with Lido Finance, asset-to-asset swaps with Synthetix, and is approaching $2 billion in value (TVL) locked into the platform's smart contracts.
Curve's Twitter also reports that the team is currently working to finalize a new type of asset swap that uses Curve and Synthetix as a bridge. These swaps will allow traders to trade between different Curve assets if they share a pool with Synthetix (such as sUSD, sEUR, sBTC and sETH). This will open up routes that are currently difficult to trade, such as the euro. An audit is currently underway.
DeFi follows the idea of rebuilding the infrastructure of financial services and moving it into a fully decentralized structure, removing the need for third parties such as companies and governments. ...