Base and Meta Pools
Streamable Finance has two types of pools:
Base pools: BAS (
BUSD-USDC-USDT
)Meta pools: for example
[strUSDT, [BAS]]
,[strDAI, [BAS]]
or[strUSDC, [BAS]]
Meta pools allow for one token to trade with another underlying Base pool. In this example users could seamlessly trade strUSDT
between the three coins in the BAS
pool (BUSD-USDC-USDT
). This is helpful in multiple ways, including:
preventing dilution of existing pools,
allowing Streamable Finance to list less liquid assets,
providing more volume and more trading fees for liquidity providers.
A Meta pool consisting of [strUSDT, [BAS]]
would contain strUSDT
and BAS
LP tokens. This means that liquidity providers of the BAS pool who do not provide liquidity in the strUSDT, [BAS]]
Meta pool are shielded from systemic risks from the Meta pool.
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