From bdd8d0dbf71e8cae223bf4356435d29af6994a2a Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?BT3GL=20/ba=C9=AAt=C9=A1=C9=9D=C9=AB/?= <1130416+bt3gl@users.noreply.github.com> Date: Sat, 23 Apr 2022 07:38:46 +0400 Subject: [PATCH] Create Curve.md --- DeFi/stablecoins/Curve.md | 6 ++++++ 1 file changed, 6 insertions(+) create mode 100644 DeFi/stablecoins/Curve.md diff --git a/DeFi/stablecoins/Curve.md b/DeFi/stablecoins/Curve.md new file mode 100644 index 0000000..a075ef9 --- /dev/null +++ b/DeFi/stablecoins/Curve.md @@ -0,0 +1,6 @@ +## Curve + +
+ +* Curve, whose unique feature is the low slippage in swapping, is a decentralised exchange (DEX) for stablecoins to swap pairs like USDT - UST or USDC - BUSD.  +* CRV is the native token, whose main utility is governance. People need to lock CRV to get veCRV to vote on decisions. The most important one is voting on allocation of rewards. Monthly CRV unlocks from the release schedule and the trading fees generated on the platform are distributed to each pool's liquidity provider. Additionally, veCRV holders can vote on proposals and pool parameters.