Curve is a DeFi leading AMM (Automated Market Maker) DEX for stablecoin trading. Hundreds of liquidity pools have been launched through Curve's factory and incentivized by Curve's DAO.&nbsp;Users rely on Curve's proprietary formulas to provide high liquidity, low slippage, low fee transactions among ERC-20 tokens. The main purposes of the Curve DAO token are to incentivise liquidity providers on the Curve Finance platform as well as getting as many users involved as possible in the governance of the protocol. Currently CRV has three main uses: voting, staking and boosting. Those three things will require you to vote lock your CRV and acquire veCRV:<ul><li>Staking (trading fees). CRV can now be staked (locked) to receive trading fees from the Curve protocol. A community-lead proposal introduced a 50% admin fee on all trading fees. Those fees are collected and used to buy 3CRV, the LP token for the TriPool, which are then distributed to veCRV holders</li><li>Boosting. One of the main incentive for CRV is the ability to boost your rewards on provided liquidity. Vote locking CRV allows you to acquire voting power to participate in the DAO and earn a boost of up to 2.5x on the liquidity you are providing on Curve</li><li>Voting. Once CRV holders vote-lock their veCRV, they can start voting on various DAO proposals and pool parameters.</li></ul>

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Curve currently operates across several chains, offering the advantages of speed and cost. As part of the collaboration, Curve plans to deploy to BNB Chain. Curve serves as a foundational layer of DeFi, and the move will further propel the growth of the BNB Chain DeFi ecosystem.&nbsp;

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Curve is a DeFi leading AMM (Automated Market Maker) DEX for stablecoin trading

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