Introducing Sauce, StableSwap Feature on Ref

Introduction

Problem and solution

Figure 1: Comparison of StableSwap invariant with Uniswap (constant-product) and constant price invariants. The portfolio consists of coins X and Y which have the “ideal” price of 1.0. There are x = 5 and y = 5 coins loaded up initially. As x decreases, y increases, and the price is the derivative dy/dx. — [5]

Sauce and fee protocol upgrade

Figure 2: Ref Finance StableSwap User Interface Mockup

Conclusion

References

About Ref Finance

Disclaimer

Ref Finance is the starting point to the NEAR Ecosystem with a leading AMM & a synchronous #DeFi Shard.