CRV: Curve DAO's governance token
25 Sep, 2022
Curve DAO statistics
CRV token: what it is for and its price
What is the Curve DAO token for?
As a governance token, CRV grants its holders the right to vote on decisions to improve the Curve DAO protocol. The token also has other functionalities such as staking (locking your tokens on the network to ensure the network's liquidity by receiving compensation) and making payments within the DAO ecosystem.
Is CRV token on the Ethereum network?
Yes, the Curve DAO project uses the Ethereum blockchain. The CRV token was developed using the ERC-20 standard, that follows the specifications of the Ethereum network. Likewise, stablecoins traded on the Curve platform are also tokens from projects that are based on the Ethereum network.
What is the price of Curve DAO (CRV)?
The price of a CRV unit in June 2022 was approximately 0.70 USD, with variations depending on market forces. The token has a maximum supply capped at approximately 3.330 billion units. Of these, around 537 million are in circulation, which adds up to 16% of the total maximum supply.
Where to buy CRV?
You can buy CRV directly on the Curve DAO platform, or buy it on an exchange like Bitso. You can access our app or website and make an initial deposit of 5 USD to purchase CRV and many other crypto assets from our portfolio.