• No TVL cap
• Built using audited DefiDollar contracts
• Earn trading fees on Swerve
• Earn SWRV - Option to votelock or claim rewards
swerve.dusd.finance
We will evaluate the stability of $swDUSD before integrating it with DUSD. To reiterate DefiDollar - DUSD remains the primary focus of the team.
Why are we doing it?
Ensuring that the DefiDollar community’s interests are represented in a potential AMM peak that we integrate in the future.
The intent is to participate in governance by having skin in the game from the start. We propose to hold & votelock SWRV initially.
Test the modularity of DefiDollar with an instance of Curve contracts(forked) on mainnet.
Although we have looked over the contracts deployed by Swerve but there might exist some vulnerabilities, thus this system should not be trusted with all your hard earned funds.
In spirit of experimentation in line with Defi’s open source ethos. We do however acknowledge that blind forks do not push the needle of innovation & we are not for them. We respect the hard work put in by the Curve team to build & ship such an amazing product.
We had a choice. To participate or be bystanders.
We chose the former, to play an active part and explore the emerging possibilities, while ensuring this doesn’t affect the core protocol.
That being said, pardon my language sers: this shit is risky AF☢️. Again, yes again! We repeat do not put your funds at risk and feel free to sit this one out. Unless you share our enthusiasm for experimentation and are a complete degen. Ref:@DegenSpartan then #YOLO.
We are open to talking to people/teams building AMM’s & would love to get involved in the design to help build a more resilient ecosystem.