Latest Posts with Curve Finance tag

Curve Finance (CRV)

46 Articles 12 Followers

Curve Finance is a decentralized exchange exclusively designed for stablecoins, with the key feature being that it offers very low slippage as stablecoins are exchanged directly with each other. The development team has designed the algorithm to minimize slippage, with trading fees set at 0.04%. Additionally, impermanent loss i.e. a prevalent phenomenon in liquidity pools, is much lower when compared to other platforms of its kind.

 

The platform was first launched in December 2019, with early work beginning in September 2019. No official team exists. However, GitHub shows that much of the development work comes from Michael Egorov, who serves as the CTO of NuCypher, a company that is building encryption technology. 

 

In order to begin using Curve Finance, users need a web wallet like Metamask, with several others also being supported. Curve Finance currently supports the following assets: DAI, USD Coin (USDC), Tether (USDT), PAX, True USD (TUSD), Binance USD (BUSD) and Synthetix’s sUSD, as well as renBTC, wBTC and sBTC. It has also integrated with other platforms, including Compound Finance, RenVM and iEARN. 

 

Curve Finance’s design allows users to earn additional revenue from their decentralized finance (defi) investments. The protocol does not have a native token. For example, users can hold their stablecoin asset, earning money through the Compound Finance protocol while Curve Finance rebalances the investor’s tokens to obtain the highest interest rate among a set of tokens. 

 

Learn more about Curve Finance here, including news, price predictions, opinions and analyses created by users.

 

Official Site: https://www.curve.fi/

Twitter Profile: https://twitter.com/curvefinance


Forget today - YFI is the crypto of tomorrow

7 hours ago 1 minute read 0 comments Fab G

Yearn Finance has lost some ground in favor of the other DeFi protocols in the last few weeks, e.g. Alpha Homora which is now also around $300m TVL. However, its upside potential remain huge, since its TVL has been barely affected by the crypto crash...

Top 10 Tokens most have risen last 7 days

10 hours ago 1 minute read 0 comments Makingdigital

I am back with the Top of the tokens that have seen their price increase the most in the last week. At least 10%. This scheme is very volatile and due to this characteristic, typical of almost all cryptocurrencies, in a matter of hours it could vary...

Five Biggest Altcoin Gainers from January 11th to 17th

18 Jan 2021 2 minute read 4 comments pheonixdown-dee

Of the five biggest altcoin gainers from last week, IOST has the potential for a continuation of its significant upward move after reclaiming a long-term resistance area. BQX and CRV have the potential for an increase towards the closest resistance a...

DeFi and TradFi basics

14 Jan 2021 2 minute read 2 comments Makingdigital

This article must be recorded on your retina forever. In such a way that you never have to resort to it in an emergency. If you are very excited and excited to invest in Defi platforms and become a millionaire, be very careful dear, you could be in f...

Alpha Homora V2 - I'm VERY excited

13 Jan 2021 1 minute read 0 comments Makingdigital

I am quite enthusiastic about the growth of the Defi, at least they generate a lot of confidence and benefit to be able to create recurring sources of passive income in the time that they release me from my job. One of the highlights of this month is...

Why CRV is a good chance for profit. 30x

7 Dec 2020 2 minute read 0 comments Overmind

CRV Curve DAO token Curve has seen a long period of bleed out until the 2020-10-19 and retested the support at 0.328 $ on the following week. On the next weeks it formed a bullish flag in which the MA was already retested. Now it continues the upward...

LINK price will get back to $20 sooner or later

2 Dec 2020 1 minute read 5 comments Fab G

After having reached its All Time High in August and then dumped, LINK has progressively increased since September and is currently evolving within a $12-16 ascending channel. Some technical analysis are showing that it should reach $16 pretty soon....

Curve Finance DAO approves proposal to distribute trading fees to veCRV holders

27 Nov 2020 1 minute read 0 comments bingoce

Holders of Curve’s governance token CRV will now be able to earn a percentage of transaction fees when they stake their tokens on curve.fi. veCRV holders will receive 50% of trading fess generated from the exchange which will then be paid in 3CRV. Th...

The Risks of Impermanent Loss in Liquidity Pools

21 Nov 2020 3 minute read 2 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Have you ever provided liquidity in a pool to realize that some of your coins have disappeared?In times of high market volatility, the supply of tokens in a liquidity pool can lead to losses (compared to a buy & hold strategy; all this thanks to slip...

My brief experience with DEFI and what I think about it

20 Nov 2020 1 minute read 0 comments Cryptolohy

We are at the cusp of a huge paradigm shift, from centralization  to decentralization, this is apparent in several ways, for instance, how the job market is becoming more flexible, allowing people to work from home or even work from anywhere, and thu...