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Swerve is a liquidity pool specifically tailored for stablecoin trading. It provides a decentralized platform where users can swap stablecoins, including popular options like Dai (DAI), USD Coin (USDC), Tether (USDT), and TrueUSD (TUSD). One of the distinguishing features of Swerve is its emphasis on low-risk trading environments and its ability to generate additional fee income for those who contribute liquidity.
The core governance of Swerve is driven by the SWRV token, an ERC-20 token that allows for decentralized decision-making. Holders of the SWRV token can participate in governance proposals that affect the future of the protocol, making it a community-oriented platform.
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