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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 SteemitCryptoAcademy3 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?

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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.

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

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