DefiMoon 🦇🔊 Profile picture
#Defi news & updates Tweets are not financial advice, please don't send me PMs asking for financial advice.
Jul 12, 2023 16 tweets 5 min read
/1 Have you ever wanted to create complex on-chain trading/arb strategies but found it impossible with current #DeFi AMM tech?

Well... @carbondefixyz (made by the big-brain devs from @bancor) and its asymmetric & adjustable curves, has just what you need.

Let's dive in .... /2 Carbon is essentially a trading protocol that allows the creation of tailored liquidity & trading strategies using unidirectional, on-chain advanced order types (limits, ranges etc..)

Carbon's unidirectional orders is what separates it from popular AMMs like Uniswap.
May 26, 2023 6 tweets 3 min read
/1 This beautiful Friday researchers from @blockworksres dropped a very solid and very detailed thread on how $crvUSD keeps peg.

So I decided to do a short thread of my own with a few additional comments and thoughts.

Let's dive in....

$CRV $CVX #DeFi

/2 PegKeepers will be very busy generating profits for the Curve DAO during times of increased soft liquidations when the market experiences downside volatility (especially if the pegs of various LSD collaterals come under pressure), as there would be increased demand for crvUSD. Image