What is a StableSwap Pool🤔?

A StableSwap pool is an optimized pool designed for exchanging tokens of similar value (e.g., USDT/USDC). 🔄

The main advantage of a StableSwap pool is minimal slippage. ⚡️ Minimal slippage is achieved because the liquidity pool effectively rounds the rate of similar assets to a 1:1 ratio.

Now, onto the news📄:

Yesterday, STON.fi added its first StableSwap pool, Aqua/USD₮. 💧

Now, you can efficiently exchange these tokens or provide liquidity to this pool. 💰

More about it

AquaUSD:

AquaUSD is a dollar-pegged stablecoin from the Aqua project, offering favorable lending options on the TON blockchain. 🌐

Each AquaUSD is backed by at least $1.50 in Toncoin/LST as collateral, ensuring stability with a minimum collateral ratio of 150%. 🛡️

What does it mean:

This update is nothing short of revolutionary for the TON blockchain! 🚀 Now, to efficiently exchange stablecoins or other similar-value tokens, you won’t need to leave the decentralized ecosystem. 🌍

Additionally, STON.fi plans to introduce Weighted and WStableSwap pools! When that happens, I’ll let you know right away🤝!

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