Some analysts say a native CurveFinance stablecoin could create a more efficient and reliant token model even as details of the token remain scarce. By shauryamalwa
Curve tokens are issued as yield farming rewards to liquidity providers on Curve Finance, and can be converted into vote-escrowed CRV . Holding veCRV allows users to participate in platform governance, earn higher rewards and fees and receive airdrops.was confirmed
Meanwhile, some market observers have weighed in on the impact of crvUSD in the broader crypto ecosystem once it is issued. “Connecting a stablecoin with a viable DeFi platform could open up some interesting possibilities in terms of new models ,” Zlotin added, cautioning that there would “definitely be some challenges” in implementing such a concept.
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