We are thrilled to announce that we have listed Curve Dao, or CRV, – the in-house token of a decentralized autonomous organization (DAO) created by Curve. From now on, users will be able to exchange this token on our platform at floating rates.
Curve.fi is a decentralized stablecoin exchange launched in 2020 that uses an automated market maker to manage liquidity. The protocol was created and designed to make it easier for users to swap between ERC-20 tokens (mainly stablecoins) and Ethereum-based BTC tokens.
DAO, a decentralized autonomous organization created by Curve, uses an Ethereum-based creation tool called Aragon to connect multiple smart contracts used for users’ deposited liquidity. However, the platform handles things like governance differently from Aragon – CRV can be locked for various periods of time in order to vote on governance and claim protocol fees as a reward.
Curve is an exchange liquidity pool on Ethereum (like Uniswap) designed for (1) extremely efficient stablecoin trading (2) low risk, supplemental fee income for liquidity providers, without an opportunity cost.
Curve allows users and smart contracts to trade between DAI and USDC with a bespoke low slippage, low fee algorithm designed specifically for stablecoins and earn fees. Behind the scenes, the liquidity pool is also supplied to the Compound protocol or yearn.finance where it generates even more income for liquidity providers.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto. Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 160+ cryptocurrencies that can be effortlessly swapped within 10 minutes on desktop and on-the-go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggy-backing on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
Changelly Website: changelly.com
Changelly PRO website: pro.changelly.com
The post Curve Dao (CRV) Is Now Listed on Changelly appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.
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