Learned by 2.1k usersPublished on 2024.03.29 Last updated on 2024.11.22
Tokens
1. Programme Name
Curve DAO Token(CRV)
2. Project Introduction
Curve is an exchange liquidity pool on Ethereum that is designed for efficient stablecoin trading.
CRV is the native utility token in the Curve platform, and is used for voting in platform governance, and as a reward for liquidity providers. A portion of the trading fees collected is used to conduct constant CRV token burns.
Since Curve only trades stablecoins, liquidity providers experience minimal impermanent loss, which can occur in liquidity pools where tokens with large value fluctuations are traded.
The Curve liquidity pool is integrated with yearn.finance, which utilizes Aave and Compound, to maximize yield for liquidity providers even when their tokens are idle.
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.
Trade on the go with HTX App (iOS/Android)
Find us on
Twitter: https://x.com/htx_global
Facebook: https://www.facebook.com/htxglobalofficial/
Instagram: https://www.instagram.com/htxglobalofficial/
Reddit: https://www.reddit.com/r/HuobiGlobal/
Medium: https://htxofficial.medium.com/
Telegram:
https://t.me/htxglobalofficial
HTX reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.