
What is Curve Finance (CRV)
Curve Finance is a decentralised exchange (DEX) based on the automated market maker (AMM) model and specialised in swapping stablecoins and similarly-valued tokenised assets. CRV (Curve DAO Token) is the protocol’s governance token, one of the best known in the decentralised finance (DeFi) ecosystem.
Curve’s peculiarity is the application of the AMM to stable-value assets: its liquidity pools can contain several tokens in customised proportions, optimising swaps between stablecoins and reducing price slippage.
How it began
Curve Finance was created by Michael Egorov, a Russian physicist with a background in quantum computing and cryptography projects, who launched the protocol in early 2020.
CRV is mainly used for the protocol’s governance and does not entitle holders to guaranteed cash flows. Like all crypto-assets, it has shown a highly volatile price trend; past performance is not a guarantee of future results.
Curve Finance Market Data
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