CrvUSD (CRVUSD) is a stablecoin based on Curve Finance’s Lending-Liquidating AMM Algorithm (LLAMMA). Curve Finance is a decentralized exchange that offers stablecoin yield opportunities and token swaps. CrvUSD is used as a stablecoin within the Curve Finance ecosystem. Users can mint crvUSD by posting collateral and opening a loan within the protocol. CrvUSD was created by the team at Curve Finance, which was invented by Michael Egorov and his team of developers. The project is part of the larger Curve Finance ecosystem, which seeks to optimize swaps between identically-pegged assets.

CrvUSD (CRVUSD) is a native collateralized-debt-position (CDP) stablecoin based on Curve Finance’s Lending-Liquidating AMM Algorithm (LLAMMA). Curve Finance is a decentralized exchange that offers stablecoin yield opportunities and token swaps. It has a total value locked of around $4.97 billion, according to DeFiLlama.

CrvUSD is used as a stablecoin within the Curve Finance ecosystem. Users can mint crvUSD by posting collateral and opening a loan within the protocol. The protocol employs a number of stabilization mechanisms to fine-tune the peg, including automatically adjusting borrow rates based on supply and demand, and relying on Peg Keepers, which are authorized to burn or mint crvUSD based on market conditions.

crvUSD (CRVUSD) Price | CRVUSD to USD Price and Live Chart