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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: RSRS on October 28, 2021, 07:50:38 AM

Title: Curve Finance Rallies; Will DeFi Follow?
Post by: RSRS on October 28, 2021, 07:50:38 AM

Curve Finance (CRV) is a decentralized liquidity pool built on top of Ethereum, similar to Uniswap (UNI), but with a focus on the exchange of stablecoins. The main goals of Curve Finance are to facilitate extremely efficient trading, with low slippage and to provide a relatively low-risk and supplemental fee income for liquidity providers (LPs) without the risk of so-called impermanent loss — the opportunity cost of being an LP in volatile digital assets.

Despite the broader market sell off that occurred today, Curve has seen its TVL continue to expand as investors may be flocking to safety in stablecoins. The CRV governance token also trades at one of the lowest multiples when looking at the ratio of market capitalization-to-TVL, which currently sits at .09279.

More Information (https://cryptonews.net/en/news/defi/2410643/)

Title: Re: Curve Finance Rallies; Will DeFi Follow?
Post by: hair on October 29, 2021, 11:55:13 PM

stablecoin huh? This is very useful for investors who want to invest with prices that do not fluctuate too much. Are staking and farming programs also included in curve finance?