💡 What are stableswaps?

⚫️ Unlike traditional liquidity pools, StableSwap pools allow the creation of token pairs that don't assume volatility. For instance, a pair between stablecoins.

⚫️ In the TON ecosystem, currently only DeDust.io has stableswaps, with pairs like jUSDT/jUSDC and stTON/TON (a derivative of bemo.finance liquid staking).

⚫️ Here's how it works: when exchanging 1000 jUSDT on DeDust in the jUSDT/jUSDC pair, you'll receive approximately 999 jUSDC. In a similar pair on another DEX that doesn't support stableswaps, you'd receive only about 837 jUSDC (as of the post's publication). That's a difference of 162 jUSDC.

⚫️ StableSwap pools not only offer the opportunity to exchange certain tokens at a very favorable rate but also allow you to earn by providing liquidity without the risk of impermanent loss, since there's no volatility in these pairs.

⚫️ When exchanging and providing liquidity on decentralized exchanges, we recommend comparing rates and terms to choose the best.

@thedailyton