From e8c0cbe12e0988ecbdddeea3a830a206f1299992 Mon Sep 17 00:00:00 2001
From: apo77yon <126520850+apo77yon@users.noreply.github.com>
Date: Wed, 22 Mar 2023 17:35:59 -0700
Subject: [PATCH] add crvusd.md

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 MEV_and_trading/stablecoins/curve/crvusd.md | 25 +++++++++++++++++++++
 1 file changed, 25 insertions(+)
 create mode 100644 MEV_and_trading/stablecoins/curve/crvusd.md

diff --git a/MEV_and_trading/stablecoins/curve/crvusd.md b/MEV_and_trading/stablecoins/curve/crvusd.md
new file mode 100644
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+## crvUSD
+
+<br>
+
+### tl; dr
+
+<br>
+
+* decentralized stablecoin issued by curve, with a novel mechanism known as lending-liquidating amm algorithm (llama)
+* llama employs a kinder liquidation design that swaps a user's collateral into crvUSD as its value decreases (rather than fully liquidating a user's position in one fell swoop)
+
+<br>
+
+<img width="500" src="https://user-images.githubusercontent.com/126520850/227069090-b40c9400-0610-4304-b0f8-7c8ad6827ae4.png">
+
+
+<br>
+
+----
+
+### resources
+
+<br>
+
+* [curve stablecoin whitepaper](https://github.com/curvefi/curve-stablecoin/blob/master/doc/curve-stablecoin.pdf?ref=bankless.ghost.io)