What is Curve?
Curve Finance (https://curve.fi) is an automated market maker protocol designed for swapping between stablecoins with low fees and slippage. It’s a decentralized liquidity aggregator where anyone can add their assets to several different liquidity pools and earn fees.
Curve Finance is a decentralized exchange (DEX) running on Ethereum. It’s specifically designed for swapping between stablecoins.
You could think of Curve as “Uniswap for stablecoins.” Thanks to its special pricing formula, it’s also great for swapping between different tokenized versions of a coin.
How to participate ?
CRV is the governance token of CurveDAO, a decentralized autonomous organization (DAO) running the protocol. CRV is continually distributed to liquidity providers of the protocol, with the rate decreasing annually.
As of November 2020, each trade on the platform incurs a 0.04% trading fee that goes directly to liquidity providers.
Tokenomics
Total supply: 1,600,000,000
Circulating supply: 392,000,000