Curve (CRV) Curve Finance is a decentralized exchange optimiz | Crypto Great | Bitcoin | DeFi

Curve (CRV)

Curve Finance is a decentralized exchange optimized for swaps between stablecoins and versions of wrapped bitcoin (wBTC/renBTC). The protocol also gives liquidity providers steady revenue.

In February’s issue we explained how the Vyper contract might act as a potential catalyst for Curve tokens. And last month, Curve passed a proposal to add a new gauge for funding the Vyper smart contract development.

Maximum emissions of 2 million CRV will be directed to the new gauge to award the Vyper Team.

Motivations for supporting Vyper research and development include:
1. Vyper supports around $18 billion in DeFi. Funding it allows for more security in Curve’s contracts.
2. Vyper’s development benefits decentralized protocols beyond Curve. Other notable beneficiaries include Yearnfinance, BadgerDAO, and Lido, among others dependent on Vyper.
3. Anything that improves Vyper improves Curve. Having an open funding source from Curve DAO for its development is like having a research and development budget for Curve.
4. Funding Vyper positions the DAO as a funder of public goods.

We expect that emissions could potentially lead to:
1. Hiring a full-time team.
2. Vyper community grants.
3. Increased awareness by sponsoring events and hackathons.
4. Increasing tooling support.

Curve will collaborate with the Vyper team on determining how the funds will be used similar to its current grant submission template & present it to the Curve DAO for further information on the scope of projects funded. We will continue to update you as these events unfold and remain bullish on Curve’s token price.