Curve DAO Token price

in USD
$0.93510
-$0.03340 (-3.45%)
USDUSD
Market cap
$1.28B #55
Circulating supply
1.38B / 3.03B
All-time high
$63.0000
24h volume
$339.39M
4.2 / 5
CRVCRV
USDUSD

About Curve DAO Token

DeFi
CertiK
Last audit: --

Curve DAO Token’s price performance

3 months
+42.93%
$0.65420
30 days
+76.06%
$0.53110
7 days
+32.88%
$0.70370
Today
-3.45%
$0.96850
55%
Buying
Updated hourly.
More people are buying CRV than selling on OKX

Curve DAO Token on socials

Dep
Dep
okay, wtf? are you gonna do something, @a1lon9? i can’t believe they really just launched a token for a slow rug. what do you think about $PUMP?
Dep
Dep
i just bought a bit more $PUMP at 0.004040 sl 0.0035 $PUMP it
Show original
49.12K
3
CryptoCondom
CryptoCondom
Long strength. $BNB + $BTC barbell working out well (so far)
Show original
7.82K
25
manan
manan
$275k in rewards every 14 days. That's $7.1M in rewards every year. For the next 20 years. All thanks to @initia's VIP. Highly inspired by Curve's gauge but instead of liquidity pools, VIP rewards organic usage of the Interwoven Rollups on Initia. Here's a breakdown of how it works: 1️⃣ The Gauge Vote. Every 2 weeks, there's a vote. Anyone with voting power votes for rollups listed on VIP. At the end of the cycle, 80% of the pool is distributed proportionally to votes received. 2️⃣ How to acquire voting power? Simple: stake INIT. Either vanilla staking or in an INIT/USDC LP through Enshrined Liquidity. Every staked INIT = voting power. Want more influence? Lock your staked position! The longer you lock, the more your influence. 3️⃣ The bribing games 🌶️ @CabalVIP makes it spicier: rollups can bribe Cabal's collective voting power to boost their VIP rewards!! The bribes are passed on to Cabal depositors every cycle (pretty sweet APYs so far) 4️⃣ The reward pool 80% of the pool is decided on votes. The other 20%? INIT TVL! This portion is allocated based on INIT TVL on rollups. The more INIT a rollup houses, the more rewards for their users. This encourages the rollups to build productive and interesting use-cases focused on INIT. 5️⃣ Your slice of the pie Now you know how rollups get their allocation. But how do individual users get paid? Each rollup decides this themselves. VIP allocates the rollups to tokens, but it's up to each rollup to design their scoring system and reward the right actions. Here's how it works: 1. Rollups post their scoring criteria on the Initia forum. 2. At cycle end, they assign each user a score based on that criteria. 3. Your rewards = (your score ÷ total rollup scores) × rollup's allocation Example: If you score 100 points and the rollup issued 1,000 total points, you get 10% of whatever that rollup received from the 275k pool. This means each rollup has a firehose of incentives through VIP but it's on them to use this wisely and incentivise what's best for their app & users. 6️⃣ How do users get paid? All VIP rewards are distributed on the Initia L1 as esINIT, a conditionally vesting version of INIT. esINIT unlocks 1/26th every 2 weeks over a year. But here's the catch - you only vest your full rewards if you maintain at least half your original score in subsequent cycles. Alternatively, you can lock your esINIT into INIT-USDC LP for a minimum of 1 year. This guarantees your full allocation but locks it entirely for a year. Essentially: cliff vest vs conditional vest, plus you earn solid liquid APR while locked. Stay active to earn gradually, or lock up for guaranteed rewards + yield. --- Bottom line: Use @initia. Be productive in the Interwoven Economy, get rewarded for it. It pays to be early.
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3.3K
23

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Curve DAO Token FAQ

Currently, one Curve DAO Token is worth $0.93510. For answers and insight into Curve DAO Token's price action, you're in the right place. Explore the latest Curve DAO Token charts and trade responsibly with OKX.
Cryptocurrencies, such as Curve DAO Token, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Curve DAO Token have been created as well.
Check out our Curve DAO Token price prediction page to forecast future prices and determine your price targets.

Dive deeper into Curve DAO Token

Curve Finance is a decentralized exchange (DEX) for stablecoins, utilizing an automated money maker (AMM) for liquidity management. Its unique approach of focusing exclusively on liquidity pools for stablecoins and wrapped assets like wBTC and tBTC enabled it to stand out. By the latter half of 2020, Curve Finance had become a leading decentralized finance (DeFi) player. Further emphasizing its commitment to decentralization, it launched its own decentralized autonomous organization (DAO) in August, introducing CRV as its native cryptocurrency.

What is Curve DAO

Curve DAO, developed by Curve Finance, is a project that empowers the collective decision-making of its community. This DAO is built using Ethereum’s Aragon tool, connecting several smart contracts essential for depositing liquidity. CRV token holders can vote on project-related matters or by suggesting changes.

Curve Finance team

Curve Finance was founded by Michael Egorov, who also serves as its CEO. A seasoned player in the crypto space, Egorov co-founded NuCypher in 2015 and has been instrumental in various other crypto ventures, including a decentralized bank known as LoanCoin.

How does Curve DAO work

Governance token CRV facilitates community-driven decision-making. Tokens are distributed based on liquidity contribution and duration of holding, ensuring a fair system where greater CRV holdings translate to more significant voting power. This incentivized model, which encourages financial commitment, quickly became a DeFi standard, bolstering Curve's standing as a DEX and fostering its DAO community's growth.

CRV tokenomics

Introduced on August 13, 2020, CRV came into prominence during the DeFi boom. Mirroring industry trends, Curve Finance transitioned its community governance to a DAO structure. Of the 3.30 billion CRV tokens minted, only 871.7 million are circulating as of July 2023. CRV’s primary function is to facilitate community governance, although staking and liquidity mining are also notable use cases for the token. 

CRV distribution

CRV is distributed the following way:

  • 62 percent to liquidity providers
  • 30 percent to shareholders
  • 3 percent to the project's employees
  • 5 percent reserved for the community

Disclaimer

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Market cap
$1.28B #55
Circulating supply
1.38B / 3.03B
All-time high
$63.0000
24h volume
$339.39M
4.2 / 5
CRVCRV
USDUSD
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