What is Curve DAO Token (CRV)? How Does It Work?

Curve DAO was founded by the Russian scientist Michael Egorov in January 2020. It is used in liquidity management of automatic market maker instruments, and it is a decentralized trading platform for stable cryptocurrencies. Curve DAO’s native token is CRV.

In this article, you can find answers to the questions of what Curve DAO Token (CRV) is, how it works, and how to store and get Curve DAO Token (CRV).

How Does Curve DAO Token (CRV) Work?

Curve DAO uses Ethereum-based tool Aragon. It offers users the ability to trade Ethereum-based assets. CRV cannot be mined. It is structured as an incentive system for users.

Curve is a De-Fi based platform. Unlike other De-Fi platforms, it works with stable cryptocurrencies. CRV is a governance token. It functions as a governance tool and transaction fee payment method.

How to Store Curve DAO Token (CRV)?

CRV is an Ethereum-based smart contract token. You can manage your CRV balances by using desktop, mobile and hardware wallets that support Ethereum assets.

How to Buy and Sell Curve DAO Token (CRV)?

You can use BtcTurk | PRO website or BtcTurk | PRO mobile application to buy and sell CRV with Turkish Lira and Tether. If you do not have an account on BtcTurk, you can register immediately by visiting our website or mobile application and get Curve DAO Token (CRV) by sending Turkish Lira 24/7 with 7 different contracted banks.