What is curve (CRV)?

What is Curve? (CRV) Curve is a software that uses multiple cryptocurrencies to operate an automated market making service focused on stablecoins ( cryptocurrencies programmed to mimic other assets).

What is curve finance?

Follow the link while the offer is still valid! Essentially, Curve Finance is a dApp - a decentralized application that’s based on the Ethereum and Polygon networks. To be more specific, however, Curve is often referred to as a “ DEX ”, or an “ AMM ” - a decentralized exchange, or an Automated Market Maker, respectively.

What is curve protocol?

While Curve is similar to the protocols mentioned earlier, it does have a feature that helps it stand apart. The protocol focuses on assets that have direct parity with national currencies. Curve is a favorite of stablecoin traders as well as liquidity providers who want to minimize slippage and minimize losses.

What is a curve token?

To put it simply, the Curve ( or, CRV) token holders are responsible for voting on decisions regarding the project - its updates, developer hiring, the direction of the platform, and so on. If you’d like to learn about DAO, do make sure to check our dedicated description of the concept.