What is CRV?

_{Curve DAO Token (CRV)What is it?}

Curve DAO (CRV) is the original regulatory coin for Curve Finance
which is a decentralized finance (DeFi) platform that effectively facilitates stablecoin exchanges.
Using automated market maker (AMM)
The CRV coin plays two roles in the Curve ecosystem as a CRV governance coin.
Allows holders to vote on critical platform decisions, such as fee structures and new asset groups.
Users who lock CRV coins will receive a “vote escrowed CRV” (VeCRV).
This increases the voting power based on the number and duration of the locked coins.
In addition, CRV holders receive incentives and a share of trading fees.
which encourages long-term participation in the growth of the protocol.

_{Founder/Date Founded:}

The founder and CEO of Curve Finance is Michael Egorov.
Russian scientists and entrepreneurs with experience in the field of cryptocurrency
Prior to founding Curve in 2020, Egorov co-founded and served as NuCypher's CTO.
Which is a company focused on privacy-preserving infrastructure and encryption protocols.
He is also the founder of LoanCoin, a decentralized platform for banking and credit services.

_{Objective/Use Case:}

Curve Finance aims to facilitate stablecoin trading
and similar assets efficiently and low slippage through the Automated Market Maker (AMM) model.
Tailored for the stablecoin asset pool, Curve DAO's platform allows users to trade assets.
such as stablecoin and wrapped token (such as BTC converted into tokens), minimizing slippage
This makes it an ideal choice for those who seek the opportunity to obtain stable returns without facing high volatility.
The mechanism is designed to accommodate DeFi users interested in yield farming and liquidity mining.
By Curve's asset class, there are low fees due to the volatility of assets in the lower group.

_{Total supply/Limit or Unlimited:}

The Curve DAO Coin (CRV) has a fixed maximum amount of $3,030,303,031, meaning that the amount is limited and cannot be increased beyond this limit.

_{Supply Deflation:}

The Curve DAO Coin (CRV) uses a volume control mechanism, with a capped maximum coin amount of about $3.03 billion.

_Source:

morph

coinbase

coinmarketcap

curve.fi

white paper curve

docs.curve.fi

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