Curve Dao Token

About Curve Dao Token

Curve DAO Token (CRV) is the governance and utility token of Curve Finance, a decentralized exchange built on Ethereum. Unlike typical AMMs, Curve specializes in swapping assets of equivalent value, such as stablecoins and wrapped tokens, using a unique algorithm that minimizes slippage and reduces trading fees. CRV holders can lock their tokens to receive veCRV, which grants voting rights over liquidity pool incentives and fee distributions. Curve plays a central role in the broader DeFi ecosystem, integrating with protocols like Yearn Finance to offer liquidity providers multiple simultaneous sources of yield.