Curve DAO Token (CRV) Crypto Exchange
Instantly exchange Curve DAO Token at the best CRV exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
What is Curve DAO Token (CRV)
Curve is a decentralized exchange and a liquidity pool for stablecoins. The platform uses an automated market maker (AMM) to manage its liquidity. Founded in January 2020 by its current CEO Michael Egorov, Curve launched its own decentralized autonomous organization (DAO) and the CRV token only a few months later. The project’s purpose is to provide low-cost and minimum slippage swaps between stablecoins.
As an automated market maker, Curve relies on liquidity pools and gives rewards to users for funding those pools. The platform is unique because it specializes specifically in stablecoin trading. Curve is now very popular among DeFi enthusiasts serving traders and liquidity providers. CRV is the platform’s governance token based on the Ethereum blockchain. It is also used as the principal currency for paying fees and rewards inside the Curve ecosystem.
In June 2021, Curve introduced its first “TriCrypto” pool consisting of USDT, wBTC, and wETH for Ethereum. Later the aTricrypto pool was released on the Polygon network, offering DAI and USDC on top of above-mentioned assets.
