What is a 3pool & how does it work?

As can be seen in the image above, the 3Pool accounts for the second-highest TVL on Curve. The 3Pool is also associated with a sizeable portion of Curve's trade volume, which means there are not only a lot of people adding stablecoins to the pool, but there are a lot of people taking them out, as well.

What is curve's 3pool?

Curve's 3Pool, also known as the Tri-Pool, holds a massive amount of liquidity (around $3.4 billion) for three of the top stablecoins in DeFi. The combination of this deep liquidity and Curve's optimizations means the 3Pool usually provides the most capital-efficient route for swapping USDT, USDC, and DAI.

Is 3pool a safe bet?

On top of this due diligence, the 3Pool is considered a "safe bet" due to the perceived longevity of the tokens it holds. Stablecoins are supposed to maintain a consistent value pegged to USD. A de-pegging event can be disastrous for users who deposit their stablecoins in a stable swap.

Does 3pool APY offer a savings account?

The 3Pool quickly met condition number 2 for a savings account right away. Even without additional rewards, trading fees alone produced returns TradFi would never be able to offer in TradFi banking. Discord comment on 3Pool APY from two days after launch.