What's a simple, natural function that is "halfway" between addition and multiplication, in some sense? Can you think of a way to make that precise?
$$ x + y \quad\longrightarrow\quad ? \quad\longrightarrow\quad x \cdot y$$
Alternatively, what's a very natural curve in $\mathbb R^2$ between $xy=1$ and $x+y=1$?
In polar coordinates, these are $$r=\frac{1}{\cos\theta+\sin\theta}\implies r^2=\frac1{2\cos\theta\sin\theta+1}$$ and $r^2=\frac1{\cos\theta\sin\theta}$, so maybe: $r^2=\frac1{(3/2)\cos\theta\sin\theta+1/4}$ or $$\frac32 xy+\frac14(x^2+y^2)=1,\quad 6xy+x^2+y^2=4$$ $$(x+y)^2 + 4xy=4,\quad (x+y)^2 = 4(1-xy)$$