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Curve finance: how does it work and how to earn CRV tokens

Автор: Investor Bren

Загружено: 2020-12-07

Просмотров: 4235

Описание: Curve finance was made for one main purpouse: making swapping between stable coins more efficient. The launch of the project was a success and the Curve liquity pools are being used by Year Finance, Compound and many more. So what can you expect of Curve and the CRV token?

Chapters:
00:00 introduction
00:15 what is curve finance
03:44 what is the curve DAO token (CRV)
06:30 tokenomics
06:55 white paper
08:34 team
09:09 token launch
10:15 how to earn curve tokens (CRV)
13:29 risks
14:53 conclusion
16:23 outro

Curve Finance launched their token in the middle of the defi craze and since then the price has stabilized. Even though the price made a huge drop, the current value is much more logical compared to the market cap. The only reason why the price shot up was because there was a big hype around the launch and the initial supply was low because the CRV token still had to be mined.

Now a few months in, the dust around the turbulent token launch has settled, the price has stabilized and I’m happy to see that Curve is still around holding strong with a total value locked of 1Billion USD. This means the community is strong, platforms are using the curve liquidity pools actively and investors are happy with the APY and rewards provided by Curve.

Interesting links:
Official page: https://www.curve.fi/
Coingecko: https://www.coingecko.com/en/coins/cu...
Whitepaper: https://www.curve.fi/whitepaper
Project wiki: https://resources.curve.fi/

#Curvefinance #Defi #yieldfarming

Let's get on that crypto train!

Bren

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