Curve DAO Token (CRV)
- Official Website: curve.fi
- Definition: Curve is a decentralized exchange (DEX) optimized for stablecoin trading, and CRV is its governance token.
- Category: DeFi, Token.
- What It Is: A platform for low-slippage stablecoin trading and yield farming.
- Function: Enables efficient trading of stablecoins and governance of the Curve protocol.
- Analogy: Think of Curve as a digital currency exchange. It specializes in stablecoins and offers low fees.
- Pros: Low slippage, strong use case for DeFi, governance participation.
- Cons: Complexity, competition from other DEXs.
- Controversies: Smart contract risks, regulatory scrutiny.
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This page was last updated on January 28, 2025.
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