Klever Wallet Adds New Curve DAO (CRV) Swap Pairs

To support our community we have introduced 9 new CRV (BEP20) swap pairs. 

To support our community we have introduced 9 new CRV (BEP20) swap pairs. 

Available CRV BEP20 Swap pairs: 

  • CRV/USDT (TRC20)
  • CRV/USDT (ERC20)
  • CRV/BUSD (BEP20)

What Is Curve DAO (CRV)?

With Curve, you can trade stablecoins on a decentralized exchange using an automated market maker (AMM).

In the second half of 2020, Curve has seen significant growth. Curve was launched in January 2020 and has become synonymous with the decentralized financial phenomenon.

CRV is Curve’s in-house token. It was launched in August as a decentralized autonomous organization (DAO). Aragon is the Ethereum-based creation tool that connects the DAO’s smart contracts for depositing liquidity.

Who Are the Founders of Curve?

Michael Egorov, the founder, and CEO of Curve, is a Russian scientist with extensive experience in cryptocurrency.

He founded and became the CTO of NuCypher, a cryptocurrency business building privacy-preserving protocols, and infrastructure.

Moreover, he founded the decentralized bank and loans network LoanCoin.

As part of the launch plan, the Curve regular team receives CRV tokens according to a vesting schedule that lasts two years.

A large number of tokens were locked up by Egorov in August 2020 as a reaction to yearn.finance’s voting power, giving him 71% of governance. Egorov said he “overreacted” by locking up a large number of tokens.

What Makes Curve Unique?

Since its launch as an AMM targeted at stablecoin trading, Curve has attracted considerable attention.

Due to CRV’s use for governance, it has brought in further profits, as users are rewarded by CRV based on their liquidity commitment and length of ownership.

As DeFi trading has grown, Curve’s longevity has been ensured, with AMMs turning over huge amounts of liquidity and associated profits to users.

Curve caters to everyone trying to maximize yields and liquidity by holding stablecoins with notionally non-volatile values, as well as those involved in DeFi practices like yield farming or liquidity mining.

Liquidity providers are paid a modest fee by the platform.

Klever Swap

Klever Swap is a core service of the Klever app that makes it simpler, faster, and more convenient for our users to exchange cryptocurrencies at the click of a button. By monitoring live price action on top-tier exchanges, our native Swap engine creates a price index that is used by the Swap.

The swap itself is conducted by fully autonomous bots, built and maintained in-house by Klever’s developers’ team. These bots continuously seek the best exchange rate and prices among the top exchanges, and then execute the Swap with high precision, security and speed. The Klever Swap project is part of Klever Exchange.

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Disclaimer: This article is for informational purposes only. The information does not constitute an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Klever.Finance does not provide financial, tax, legal, or accounting advice. There is no responsibility on the part of the company or the author for any loss or damage arising from or related to the use of or reliance on any content, goods or services mentioned in this article.

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