Curve DAO Token (CRV)
| Market Cap | $364,442,330 |
|---|---|
| Trading Volume | $88,905,619 |
| Volume / Market Cap | 0.2439 |
| Total Supply | 1,820,680,573 CRV |
| Max Supply | 3,303,030,299 CRV |
Curve DAO Token is currently trading at $0.69, after a price change of 2.29% in the last 24 hours.
Ranked as cryptocurrency #84 by capitalization today, CRV market cap is valued at $364,442,330. CRV trading volume reached $88,905,619 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on CRV coin price prediction page.
CRV Coin Price PredictionWhat is Curve DAO Token?
Curve DAO is a DeFi platform that supports liquidity mining. The protocol also caters to liquidity providers who want to use stablecoins in mining liquidity to avoid volatility. Curve has various smart contracts that are linked to the Aragon standard. Voting strength is commensurate with the asset lock-time.
CRV, an ERC-20 standardized tokens, powers the Curve DAO. There are 434,851,013.96 CRV tokens, a total supply of 1,646,903,963 and a hard cap of 3,303,030,299. The asset features a gradual linear inflation program. Curve generates funds by charging fees on its transactions.
The first inflation rate supporting the schedule is 22%, equivalent to 279.6 million each year. The inflation is divided among the Curve DAO users in line with their measurements on the gauges. A user receives inflations depending on the value of their locked tokens. CRV token is used as a governance token and acts as a store of value. Users are incentivized to participate in the protocol’s governance for higher gains if they fixed funds in a Voting Escrow.
Michael Egorov founded Curve DAO in August 2020.