Sky (@SkyEcosystem): Important update on the @CurveFinance sUSDS/stUSDS stableswap pool.
Estimated coin impact
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Important update on the @CurveFinance sUSDS/stUSDS stableswap pool. The pool configuration was not set up properly to provide deep liquidity between the two assets. As a result, this pool will provide boosted rewards on top of stUSDS, giving extra APR to stUSDS holders until the incentives run out. All funds in the pool are safe, and all users can withdraw at any time. To build supporting liquidity for stUSDS, a new @CurveFinance pool is being deployed with the correct configuration. This new pool will support liquidity between USDS and stUSDS, functioning as the intended discount market for stUSDS. More updates to come soon.