Curve DAO (CRV) Explained in 6 Easy Steps

Curve DAO is a DeFi-based platform designed for stablecoins used for liquidity management of automated market maker (AMM) tools. The name of its native token is called CRV.

  1. When was it founded and by whom?

Curve DAO was created in January 2020 by Russian scientist Michael Egorov, who is also the founder of LoanCoin.

  1. CRV’s infrastructure

Curve DAO operates on Ethereum-based Aragon tool.

  1. What does it offer to users?

Unlike other DeFi protocols, Curve offers lower risk as it works with stablecoins. It has a system offering great advantages to communities engaged in yield farming and liquidity mining.

  1. Can CRV be mined?

CRV is not a type of cryptocurrency that allows mining activities. However, it has a system to reward users who participate in the network and make a commitment as a liquidity provider with CRV tokens and interest at certain rates.

  1. All-time low, all-time high (ATH), and total supply

CRV’s all-time low price was $0.3316 on October 25th, 2020 while all-time high price was $60.50 on August 14th, 2020. Circulating supply of the cryptocurrency is 425,745,905 CRV and the total supply is 1,580,192,579 CRV.

  1. How to trade CRV on Paribu?

By clicking on the link, you can trade CRV on Paribu.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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