Swerve is a trading liquidity pool on Ethereum, designed to enable efficient stablecoin transactions. This project is a fork project of Curve, one of the main differences is that the Swerve team does not take any share in the liquidity mining rewards.
Swerve adopts fair token distribution, no pre-mining and private placement, and is completely owned by the community.
SWRV is the native utility token in the Swerve platform, used for platform governance voting. Users can earn SWRV tokens by providing liquidity on the platform.
Since Swerve's current pool only supports stablecoins, its liquidity providers suffer very little impermanent loss compared to liquidity pools of tokens with large value fluctuations.
Swerve liquidity pool integrates with iearn.finance, which leverages Aave and Compound to maximize earnings even when user tokens are idle.