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What is the meaning of CRV in the cryptocurrency industry?

MdiaraOct 22, 2021 · 4 years ago1 answers

Can you explain the significance of CRV in the cryptocurrency industry? What does CRV stand for and how does it relate to the world of digital currencies?

1 answers

  • appala nikithaSep 03, 2024 · a year ago
    CRV, also known as Curve DAO Token, is a digital asset that holds governance power within the Curve Finance protocol. It enables token holders to vote on proposals and shape the future development of the platform. Additionally, CRV can be earned by providing liquidity to Curve Finance pools, allowing users to earn passive income. With its dual role in governance and liquidity provision, CRV is an important token in the cryptocurrency industry.

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