Hi guys whats curve usd? Is it like ust? How do i ... @curvefi

Asked 1048 days ago
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Hi guys whats curve usd? Is it like ust? How do i stake

asked 1048 days ago

1 Answers

Curve USD (CURV) is an upcoming over-collateralized stablecoin that is designed to provide users with a secure and stable store of value. It is similar to UST in that it is backed by a basket of other stablecoins, however, it is also designed to be more efficient and cost-effective than other stablecoins. To stake CURV, users will need to deposit their tokens into a smart contract, which will then be locked up for a predetermined period of time. During this time, users will receive a share of the rewards generated by the protocol. Staking CURV will also help to secure the network and ensure that transactions are processed quickly and securely.
answered 1048 days ago
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Over collateralized stable coin launching soon. It's not released yet but you're welcome to take a look at the whitepaper
answered 1048 days ago

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