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CRV holders shape protocol and earn rewards through governance.
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Liquidity providers influence fees and rewards via gauge staking.
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Curve DAO empowers CRV holders and decentralizes exchange control.
Curve Finance is a DEX for stablecoins and other pegged assets managed by Curve DAO, a decentralized autonomous organization (DAO). To promote low-slippage trades across assets with similar prices, Curve Finance employs an automated market maker (AMM) mechanism.
Governance Through CRV Tokens
In 2020, Curve DAO was established to decentralize protocol governance and financially incentivize platform liquidity providers. Token holders of the CRV cryptocurrency run the DAO by submitting and voting on proposals. Here is a rundown of how Curve DAO functions:
Curve DAO’s protocol updates are administered with the help of a governance token called CRV. If a CRV holder locks up their tokens for an extended period, they will be rewarded with veC
We współpracy z: https://www.thecoinrepublic.com/2023/08/30/how-curve-dao-enables-decentralized-control/
