Curve (CRV) is one of the longer standing DeFi platforms out there. It's an interesting ecosystem and one that tends to raise some eyebrows when it comes to their UI. Regardless of the aesthetic of the Curve.fi interface, the platform is actually very interesting and the pools are some of the busiest in all of crypto.
Many people aren't aware that Curve's pools (especially for USDT and other stablecoins) are some of the most highly utilized pools in all of crypto. These pools are plugged into various sites and DeFi dApps like Compound.
Many users are swapping cryptocurrency through Curve's pools without even knowing it. This is one sign of a bullish aspect of Curve. Building tools and liquidity pools that other projects want to leverage.
Curve (CRV) hit my radar a while back. I never got involved in the early origin story of Curve but DeFi has matured a lot since then. Now, LeoFinance users like Neal have been using Curve for some time and they're earning an impressive APY on the pools there.
Curve offers a staking program for the Curve DAO token (CRV). This allows liquidity providers (LPs) to stake their CRV tokens and earn a higher APY for their LP positions.
This video won't dive into the mechanics of how this works. We've saved that for the follow-up to this clip from the last podcast episode. In this video, we talk about CRV from an investor perspective. Asking basic questions like:
Let us know in the comments what you think of CRV. Buying this token simply as a utility to earn a higher APY seems like a no-brainer in most respects. Buying to HODL may be a different story, but the token has already given hints of being oversold at the current ~$0.40-$0.45 range.
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