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Curve is a prominent DeFi AMM (Automated Market Maker) DEX built for stablecoin swaps. Through Curve's factory, hundreds of liquidity pools have been created and then supported via incentives from the Curve DAO. Traders use Curve's own pricing formulas to help deliver deep liquidity, minimal slippage, and low-fee transfers between ERC-20 tokens.
The Curve DAO token is used primarily to motivate liquidity providers on the Curve Finance platform and to involve as many participants as possible in protocol governance. At present, CRV serves three key roles: voting, staking, and boosting. To access these functions, you must vote-lock your CRV and obtain veCRV:
Staking (trading fees). CRV can be staked (locked) to earn trading fees generated by the Curve protocol. A community-led proposal set a 50% admin fee on all trading fees. Collected fees are then used to purchase 3CRV, the LP token for the TriPool, which are distributed to veCRV holdersBoosting. A major utility of CRV is boosting rewards tied to your deposited liquidity. By locking CRV, you gain voting power for DAO participation and can receive a reward multiplier of up to 2.5x for liquidity you supply on CurveVoting. After CRV holders vote-lock to receive veCRV, they can vote on different DAO proposals and on pool parameter changes.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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