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Curve, One of Ethereum’s Top DeFi Protocols, Launches Governance Coin

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Curve, One of Ethereum’s Top DeFi Protocols, Launches Governance Coin

NewsBTC1 month ago
Published on August 14, 2020 01:41 GMT+0edited on August 14, 2020 03:03 GMT+0

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Just minutes ago, the team behind Ethereum DeFi’s Curve Finance protocol made a massive announcement: developers are rolling out the native governance token, CRV. In the project’s Telegram channel, the pinned announcement reads:

“The Curve team is proud to announce that Curve Finance native token CRV has officially launched. CRV will reward liquidity providers in Curve pools.”

The launch of the Ethereum-based token is already controversial as the contracts for the cryptocurrency were technically deployed many hours ago. During this period between the public announcement of the token and the deploying of the smart contracts, those with knowledge of Solidity, Ethereum’s smart contracting language, could farm CRV without much competition.

Admins of the project …