Curve releases whitepaper and official code for its stablecoin

2022/11/23 00:43

The developers of decentralized exchange Curve Finance have released code and official documents for Curve's soon-to-be launched decentralized stablecoin called crvUSD.
While an official announcement from Curve is still pending, the repository published on the projects’ official GitHub account shows the project is all set to finish work on its crypto-backed stablecoin that's soft-pegged to the US dollar.
Per the whitepaper, authored by Curve Finance founder Michael Egorov, crvUSD will have similar functionality to MakerDAO’s stablecoin called DAI. Matching DAI, it will be overcollateralized with crypto assets.

BullishBearishLikeShare

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。