Froyo

Froyo

Stablecoin AMM on Fantom based on Curve.fi.

frozenyogurt.finance
Share

Froyo Introduction

Froyo is Stablecoin AMM on Fantom based on Curve.fi. The idea to deploy FROYO on top of Fantom came out of the Fantom community’s plea for incentivized liquidity for Curve pools. As we have seen over the past few months, very few DeFi protocols actually deploy LP incentives on chains apart from Ethereum, even when they deploy instances of their app on chains such as Fantom, and BSC. However, the intention of FROYO was never to cannibalize Curve, or to extract value from a team and product that we so respect, which is why we decided to deploy this fork of Curve with a new token that would also be dropped to veCRV holders to ensure that the Curve community and team has a sizeable stake in FROYO. The protocol initially supports swaps between FUSDT, USDC & DAI (the Froyo 3pool). More pairs will be considered in the near future.