Why Concentrated Liquidity, Low-Slippage Swaps, and Gauge Weights Are the Real Game in Stablecoin DeFi
Whoa! I remember the first time I routed a $100k stablecoin swap and watched slippage vanish. My gut reaction? Magic. Seriously? Yes. But that was a quick thrill. Then the anxiety set in. What actually made it cheap? Who was getting the fees? And are those yields sustainable? Initially I thought concentrated liquidity just benefited …
