Bright Ideas: Curve DAO Token (CRV)
The Curve DAO token is the native currency of the Curve.Finance ecosystem which operates a decentralized trading platform/exchange.
Price:
$1.079
Mkt Cap:
$763,326,993
View Coin Page
Project Fundamentals
- Curve Finance is one of the largest decentralised exchanges built with an automated market maker used for swapping digital assets.
- The CRV token exists to provide liquidity to the platform and access to the governance process.
- Unlike other automated marker makers like Uniswap and Balancer, but it favours the stability of stablecoins,
Partnerships / Implementation
- Currently The Synthetix Treasury Council incentivises Curve.Finance Synth Pools for staking.
- According to De-Fi Llama Curve is in the top 5 De-Fi protocols as ranked by Total Value Locked.
- Curve’s TVL is spread across a wide variety of chains including Ethereum, Optimism, Polygon, Fantom, Avalanche and more.
Roadmap and Announcements
- CRV was launched in August 2020 and has achieved enormous success in recent years.
- In May 2022, Curve Finance Integrated With Aurora Network an EVM built on the Near protocol.
- Throughout the 2022 Crypto Credit Crunch Curve Finance and was able to operate without fail interacting with many of the involved counterparty’s.
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