Been noticing most people seem to love the #LoopDEX aUST-UST pools...and others don't understand why we even have it.
Let me explain π§΅π
Let me explain π§΅π
Two main reasons for this:
1) Convenience for our users to transact with multiple assets all on one site.
2) It's good to have options for users to exchange UST for aUST. If nothing else, it at least helps to decentralize.
1) Convenience for our users to transact with multiple assets all on one site.
2) It's good to have options for users to exchange UST for aUST. If nothing else, it at least helps to decentralize.
But isn't the Loop aUST-UST pool more expensive than Anchor?
Yes, it's the price of convenience.
However, we won't let you get rekt. If slippage is higher than 1%, the trade wonβt go through.
And this is what users see when this happens:
Yes, it's the price of convenience.
However, we won't let you get rekt. If slippage is higher than 1%, the trade wonβt go through.
And this is what users see when this happens:
Soon, we won't need this warning, though.
Our efficient bonding curves for stableswaps will be live soon and will significantly reduce slippage.
Another question we get is: Why incentivize the aUST-UST pool with farming rewards?
Our efficient bonding curves for stableswaps will be live soon and will significantly reduce slippage.
Another question we get is: Why incentivize the aUST-UST pool with farming rewards?
Well, that's simple.
We're a humble DEX slowly building TVL, and we've noticed that once people add liquidity to the aUST-UST pool (for the farming rewards)...
they tend to add liquidity to our other pools as well, especially the aUST pools.
It's been quite a win for us.
We're a humble DEX slowly building TVL, and we've noticed that once people add liquidity to the aUST-UST pool (for the farming rewards)...
they tend to add liquidity to our other pools as well, especially the aUST pools.
It's been quite a win for us.
β’ β’ β’
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