Swerve is a liquidity pool on Ethereum designed for efficient stablecoin trading. This project is a fork of Curve, with one of the main differences being that the Swerve team takes no share in the liquidity mining rewards.
Swerve employs a fair token distribution, with no pre-mining or private sales, making it entirely community-owned.
SWRV is the native functional token within the Swerve platform, used for governance voting. Users can earn SWRV tokens by providing liquidity on the platform.
Due to Swerves current pools supporting only stablecoins, the impermanent loss experienced by liquidity providers is minimal compared to pools with tokens of significant value fluctuations.
The Swerve liquidity pools are integrated with iearn.finance, which leverages Aave and Compound to maximize yields even when user tokens are idle.