CURL, a protocol for concentrating synthetic liquidity on various L2 networks

0 20
Avatar for Lovelycatsugar
1 year ago

CURL, a project incubated by the Occam DAO, has announced the release of an incentivized testnet in Milkomeda - is a synthetics protocol combining curve-style liquidity pooling and applying of a homogenized synthetic that is perfectly fungible with any assets

CURL has been expressly designed to take all of these new industry pains and turn them into strengths for any network it deploys onto. The rise of the many bridges and scaling protocols should be a significant value add for the underlying networks and their users, not create a confusing and degraded experience for everyone, and CURL is the solution.

CURL is aimed at ultimately solving a problem that's only started to rear its head in the wake of the Alt-L1's and L2's explosion; the eruption of bridges and ensuing fragmentation of cross-chain liquidity.

CURL’s multi-asset pools offer an incentive to maintain the equilibrium between the pooled base assets: a “CURL Premium.” Users may receive a greater CURL premium for providing liquidity in the form of an asset that balances the pool in question. In this manner, liquidity providers who balance the deviations between actual and theoretical distributions (thereby bringing the system closer to equilibrium) will receive greater CURL rewards.


1
$ 0.00
Avatar for Lovelycatsugar
1 year ago

Comments