Curve DAO with its CRV token is a decentralized autonomous organization which works as a liquidity aggregator for stablecoins. It helps to exchange stablecoins and gain fees in return. Besides, as the platform operates with only stablecoin exchanges, there are little risks conjugated. Stablecoins are coins of the least slippage and are not prone to significant price changes. The platform is created on the Ethereum blockchain. It utilizes the Aragon tool which connects different smart contracts into a united ecosystem. CRV is the native utility token of the Curve DAO. The platform is monetized by charging percent of the transaction fees.
The CRV token and the Curve platforms were founded by Michael Egorov. He has significant experience in cryptocurrency development. His interest in it started with the investments in Bitcoin, later in 2018 he started working with DeFi, and in January 2020 he founded Curve DAO token. Michael says that he deliberately created the Curve DAO for stablecoins on the Ethereum blockchain, as he sees great potential in this area.
If you are thinking of becoming a CRV holder, you are welcome to go to the SimpleSwap service and follow these steps: