News/Curve Deploys Tricrypto-NG and Greatly Optimizes Tricrypto Transaction Gas Fees

Curve Deploys Tricrypto-NG and Greatly Optimizes Tricrypto Transaction Gas Fees

May 31,2023,14:17

According to the official Twitter account, DeFi protocol Curve Finance has announced the deployment of Tricrypto-NG. Now there are three votes to be conducted, including accepting the optimized Tricrypto Factory on Ethereum, adding a gauge for the new optimized Tricrypto-NG pool TricryptoUSDC, and adding a gauge for the new optimized Tricrypto-NG pool TricryptoUSDT.

The implementation of Tricrypto-NG brings new changes, with the gas fees for transactions reduced from 350,000 gas to 160,000 to 200,000 gas, and the price oracle becoming more reliable.

Curve Finance's tricrypto pool is a liquidity pool that allows users to exchange between ETH, WBTC, and USDT tokens. This liquidity pool is an important strategy for Curve's entry into the non-stablecoin market, but has long been plagued by high transaction gas fees.

 

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