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

By bingoce | The Decentralized Journal | 27 Nov 2020


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. The proposal can be viewed at dao.curve.fi/vote/ownership/28 .

 

What is Curve?

Curve is an exchange liquidity pool on Ethereum (like Uniswap) designed for (1) extremely efficient stablecoin trading (2) low risk, supplemental fee income for liquidity providers, without an opportunity cost.

To learn more about Curve Finance visit their FAQ at curve.fi/rootfaq

 

 

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bingoce
bingoce

Just a crypto enthusiast. I follow the blockchain


The Decentralized Journal
The Decentralized Journal

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