Frax Finance's Curve AMO: explaining this seemingly complex concept super simply, in a visual format
The Curve AMO (algorithmic market operations) is an integral part of the Frax Finance ecosystem and helps ensure the $FRAX peg stays tight around $1. It also accrues tremendous value to the protocol. But do you understand how it works?
People often misunderstand the Curve AMO due to the lack of resources, especially easy-to-understand, visual resources out there on it.
This is why I've made a video myself, which you can find below. Hope you enjoy!
28 Nov 2023
Keywords
defi
amo
crypto
ethereum
frax
stablecoins
curve
