The TON Foundation and Curve Finance have announced a partnership to support a new project focused on improving stablecoin trading on the TON platform.
Collaboration for Stablecoins
The TON Foundation and Curve Finance are collaborating to incubate a new TON-based stable swap project. This partnership aims to simplify stablecoin swaps, enhance the user experience, and minimize the price impact of trades.
Leveraging CFMM Technology
The upcoming project will utilize Curve's advanced constant-function market maker (CFMM) technology to simplify stablecoin swaps and reduce price slippage during trades. It will also enhance the overall user experience and provide smoother transactions in the stablecoin market.
Support and Prospects
Curve Finance founder, Michael Egorov, will advise the project, and token airdrops are planned for eligible users.
The collaboration between TON and Curve Finance aims to improve the efficiency and convenience of stablecoin trading, which is expected to positively impact the market.
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