Curve DAO Token is a cryptocurrency that is used for Curve.fi. Users can buy cryptocurrency on Curve.fi. In fact, Curve.fi is a decentralized exchange (DEX) and automated market maker (AMM). The focus of Curve.fi is on ease of use: according to them, it should be as easy as possible to swap ERC20 tokens. In particular, this concerns stablecoins and Bitcoin tokens running on Ethereum.
MoreUsers of Curve.fi can pin Curve DAO Token (CRV) to vote on certain decisions that need to be made. So the protocol is being developed based on what the community likes to see happen. Hence, 'DAO' is in the name of the token. Also, people who lock Curve DAO Token can receive fees for locking the tokens.
MoreYou can buy Curve DAO Token (CRV) at Coinmerce. After you have created an account, you can immediately purchase CRV tokens. You do this by buying Curve DAO Token directly with iDeal, SEPA, Giropay or MyBank. It is also possible to first deposit money on Coinmerce, after which you can buy Curve DAO Token with the balance on your account. You will not pay any deposit fees for this.
MoreYou can buy Curve DAO Token (CRV) at Coinmerce. Before you can buy CRV tokens, of course, you need an account. This is where you create an account at Coinmerce. After you have created an account, you can immediately purchase CRV tokens. You do this by buying Curve DAO Token directly with iDeal, SEPA, Giropay, or MyBank. It is also possible to first deposit money on Coinmerce, after which you can buy Curve DAO Token with the balance on your account. You will not pay any deposit fees for this.
Curve DAO Token (CRV) is used to power Curve.fi. The token is Curve Finance's cryptocurrency and is used for various functions. Therefore, without this token, Curve would not be able to work. For example, it is used for governance, but also for strike and transaction processing and execution, among other things.