Curve Finance (CRV Crypto): Making Stablecoin Trading Easy
Dec 2, 2021
7 min read
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Despite a tremendous boost in popularity, few DeFi tokens have given investors more than a 400% return in the past year. Most cryptos that have done so have become extremely bloated, awaiting corrections and/or massive dips.
However, as witnessed by its low market cap-to-total value locked ratio of 0.07, one token has remained undervalued. In terms of the total value locked, no other DeFi protocol has a bigger market share than Curve Finance protocol ($15.76 billion). Let’s go into the details.
What Is Curve Finance?
Launched in 2020, Curve Finance is a protocol that has three main goals:
- Create an automatic market maker (AMM) with the lowest fees possible.
- Provide low-risk, low-yield rewards for investments which are low in risk overall, avoiding volatility in exchange for greater stability.
- Be known by liquidity providers as a fiat savings account with steady and predictable yields.