Game theory behind Curve and Convex Finance

DeFi ProtocolsJanuary 6, 2022, 9:10PM EST
UPDATED: August 11, 2022, 5:36PM EDT
Game theory behind Curve and Convex Finance
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Curve Finance, an automated market maker optimized for pegged asset trades, has become the largest decentralized exchange (DEX) by value locked from June 2021. Its success in attracting idle assets into liquidity provisioning is primarily due to its unique and relatively sustainable liquidity mining scheme. 

For a detailed overview of the current state of DEXs and DeFi in general, see this research piece.

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