Curve DAO (CRV)

About

Curve DAO (CRV) is a decentralized autonomous organization (DAO) that governs the Curve Finance platform, a leading decentralized exchange (DEX) for stablecoins. Launched in August 2020 by Michael Egorov, Curve specializes in facilitating low-slippage trades of stablecoins and other ERC-20 tokens. It operates on the Ethereum blockchain and utilizes an automated market maker (AMM) model, specifically the stableswap algorithm, to maintain stable exchange rates and minimize trading costs. The CRV token is central to Curve's governance and ecosystem. It allows holders to participate in decision-making processes and is used to incentivize liquidity providers. Users can earn CRV by contributing to liquidity pools, and staking CRV offers additional rewards. Curve's focus on stablecoins, low fees, and robust security has made it a preferred platform for traders seeking efficient stablecoin swaps. The platform integrates with other DeFi protocols, enhancing its utility and appeal within the broader decentralized finance landscape.