Details about Curve.fi DAI/USDC cryptocurrency
€529
0
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https://curve.fi/
@CurveFinance
Curve.fi DAI/USDC price charts
DAI+USDC exchanges
Curve.fi DAI/USDC, the crypto
Curve.fi DAI/USDC (DAI+USDC) is a liquidity pool on the Curve.fi decentralized exchange platform that allows users to trade and exchange DAI and USDC cryptocurrencies with low slippage and minimal fees. The pool is managed and maintained by its community members, who earn rewards in return for providing liquidity to the pool.
The point
The main point of Curve.fi DAI/USDC (DAI+USDC) is to provide a stable and efficient way for users to trade and exchange their DAI and USDC tokens on the Ethereum blockchain. By pooling assets together, the protocol can offer low-slippage trades and minimal fees, making it an attractive alternative to using centralized exchanges.
The problem
Curve.fi DAI/USDC (DAI+USDC) aims to solve the liquidity fragmentation problem that exists in the DeFi ecosystem by allowing users to convert their DAI and USDC tokens into Curve.fi's proprietary stablecoin (cUSD) at a low cost and with low slippage. This increases liquidity for cUSD and helps to stabilize its price, which in turn benefits the entire ecosystem. Additionally, by providing a decentralized and transparent way to trade these assets, Curve.fi DAI/USDC helps to reduce reliance on centralized exchanges which are vulnerable to hacks and thefts.
Compare DAI+USDC and BTC performance
| Timeframe | DAI+USDC | BTC |
|---|---|---|
| 1h change | 0 % | 0.0128614 % |
| 24h change | 0 % | 3.28956 % |
| 7 day change | 0 % | -8.3567 % |
| 14 day change | 0 % | -1.52273 % |
| 30 day change | 0.04 % | 4.84492 % |
| 200 day change | -2.31 % | 126.723 % |
| Year change | -2.29 % | 128.304 % |