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Curve DAO Token (CRV) is the 47th largest cryptocurrency in the world by market cap, valued at $1,892,332,863. The current price of Curve DAO Token is $0.9993, which is -7.558% lower than yesterday. Prices have ranged between $1.093 and $0.98231 over the past 24 hours. All prices are listed in US dollars and accurate as of January 31, 2023 12:01 UTC.
Curve Finance is a decentralized exchange (DEX) that allows for the seamless exchange of various ERC-20 based stablecoins. It is designed atop the Ethereum blockchain and in order to use the ecosystem, all one has to do is own an Ether wallet that has some funds in it.
The platform offers low transaction charges while seeking to minimize any slippage issues. The native cryptocurrency of the Curve ecosystem is CRV. It serves as the utility token of Curve DAO, the decentralized autonomous organization (DAO) responsible for governing and operating the protocol. As things stand, CRV tokens are doled out to liquidity providers in return for their capital. Lastly, the rate at which these tokens are distributed decreases per annum.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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