What is stablecoin AMM?
An Automated Market Maker(AMM) is a protocol that uses a mathematical formula and a pricing algorithm to provide trading rates or prices.
In the Cryptocurrency ecosystem, most AMMs such as Uniswap, Pancakeswap, etc. use this protocol and allow almost all types of assets to be added to their liquidity pools and traded. A Stablecoin AMM which Sirius Finance is building focuses solely on stablecoins, that is to say, only stablecoins like USDC, USDT, etc. can be added to liquidity pools and also traded on this type of AMM.
Last modified 1yr ago