Cryptocurrency Q&A How does Curve actually work?

How does Curve actually work?

SamuraiCourageous Tue Sep 24 2024 | 5 answers 1285

I'm curious to understand the mechanics behind Curve. Can you explain in simple terms how it actually functions and what sets it apart from other decentralized finance (DeFi) platforms? How does it facilitate the swapping of various stablecoins efficiently, and what role does its native token, CRV, play in this process? Additionally, what are the key benefits and potential risks associated with using Curve? How does Curve actually work?

How does Curve actually work?

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