What Is the Concept of a "Basket" of Stablecoins in a Multi-Asset Stableswap Pool? ▴ Learn

What Is the Concept of a “Basket” of Stablecoins in a Multi-Asset Stableswap Pool?

A basket of stablecoins refers to a liquidity pool containing more than two pegged assets, such as USDC, DAI, and USDT. This multi-asset pool allows users to swap between any of the stablecoins in the basket with low slippage.

The basket structure diversifies the pool's risk across multiple stablecoin issuers, reducing the impact of a single stablecoin de-pegging, but also introducing the risk of contagion if multiple assets fail simultaneously.

How Does the Dai Savings Rate (DSR) Incentivize Users to Hold a CDP-generated Stablecoin?

How Do “Stableswap” AMMs Modify the $x Cdot Y = K$ Formula for Pegged Assets?

How Do Decentralized Stablecoins (Like DAI) Maintain Their Peg Compared to Centralized Ones (Like USDC)?

How Do Over-Collateralized Stablecoins like MakerDAO’s DAI Attempt to Mitigate Psychological “Bank Run” Risks?