What is Curve DAO Token (CRV)?

Website: https://guides.curve.fi/everything-you-need-to-know-

Maximum Supply: 3,303,030,299 CRV

Total Supply: 1,477,184,198 CRV

Circulating Supply: 273,444,536 CRV

Explorers: Curve DAO Token Explorer 

Whitepaper: Curve DAO Token Whitepaper

What is Curve DAO Token (CRV)?

Curve DAO Token is a decentralized liquidity platform built on the Ethereum Blockchain that enables low-cost and efficient trading of stablecoins. The Curve platform, which was launched in January 2020, has achieved significant growth in the last half of 2020. Since Curve only supports stablecoins, it reduces the risks from very fast price movements in the markets.

In August, our Curve reality launched its decentralized autonomous organization (DAO) and its native token, the CRV coin. The DAO uses an Ethereum-based tool called Aragon to connect a large number of smart contracts used for liquidity created by users. By providing liquidity to the Curve exchange, it is possible to earn Curve DAO Tokens. In January 2021, approximately 200 million CRV tokens were distributed to liquidity providers.

Who/By Who Was Curve DAO Token (CRV) Developed?

Curve's founder and CEO is Russian scientist Michael Egorov, who has experience in companies operating in the cryptocurrency industry. In 2015, Egorov became the co-founder and CTO of NuCypher, a cryptocurrency company that builds privacy-based infrastructure and protocols. Egorov is also the founder of the decentralized bank and credit network LoanCoin.

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