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When was crv coin issued?

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2024-05-07 14:00:54633browse

CRV coin was issued on August 13, 2020. As CurveFinance’s native governance token, CRV holders can participate in platform decisions, including protocol parameter adjustments, new product proposals, and community treasury management.

When was crv coin issued?

CRV coin issuance time

CRV coin was issued on August 13, 2020 .

Detailed introduction

Curve Finance is a decentralized exchange dedicated to stablecoin trading. CRV is the native governance token of Curve Finance. Holders can participate in platform governance decisions, such as:

  • Protocol parameter adjustment: CRV holders can vote to change the platform Parameters such as slippage rates, transaction fees, and lending rates.
  • New Product Proposals: CRV holders can propose and vote for new features and products, such as stablecoin pools or synthetic asset-backed pools.
  • Community Treasury Management: CRV holders can vote on how funds in the community treasury are used, such as funding development or collaborating with other projects.

CRV holders can earn rewards by providing liquidity to the Curve Finance protocol, participating in voting, or staking their tokens. Holding CRV tokens also gives holders governance rights, allowing them to play an active role in the future development of the platform.

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