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DeFi Ethereum Governance

What is the CRV token used for?

How the CRV token works. Curve is a decentralized exchange for stablecoins made up of liquidity pools.

What is CRV?


CRV is the governance token for Curve.

CRV is used for


What is Curve?


Curve is a decentralized exchange for stablecoins made up of liquidity pools.

CRV Tokenomics


The Curve DAO is a fork of Aragon voting with a couple of added features like time-weighted voting.

You earn CRV by providing liquidity to any of the pools on Curve.

Voting

To incentivize participating in governance users balance locked in LiquidityGauge (pool) will be boosted by tokens locked in VotingEscrow depending on their vote weight.

More abut how it works here or on github.

CRV Issuance


The total supply of 3.03 billion:

  • 62% to liquidity providers
  • 30% to shareholders (team and investors) with 2-4 years vesting
  • 3% to employees with 2 years vesting
  • 5% to the community reserve

The initial supply of around 1.3 billion (~43%):

  • 5% to pre-liquidity providers with 1 year vesting
  • 30% to shareholders (team and investors) with 2-4 years vesting
  • 3% to employees with 2 years vesting
  • 5% to the community reserve

More on this here.

Whitepaper / Github


Curve Whitepaper

DAO Aragon fork

Curve Github

Explanation video


Similar projects


Token price


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