Intro:
Launched in Jan 2020, Curve is a blockchain-based platform for exchanging Ether-based stablecoins safely and securely. Michael Egorov, the founder of the protocol, recently told DeFi Prime that Curve is “an exchange expressly designed for stablecoins and Bitcoin tokens on Ethereum.” - medium.com
Curve is one of the most interesting DeFi products to enter the space. With its groundbreaking approaches like the AMM algorithm to provide liquidity, and it’s successful avoidance of the impermanent loss problem, Curve is a project set for greater heights.
Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stable coins. The team behind Curve are far from newcomers: Its founder continues to work on NuCypher, an encryption protocol for smart contracts
Curve Finance began as one of the most efficient stable coin swapping protocols in DeFi. Now, with a governance token in the works, it has become one of the most popular projects in the space. Following the launch of various tokens like COMP, BAL, and YFI, DeFiers are eager to get their hands on Curve’s CRV token.
Above-average institutional (managed money) sized volume around .45-.55 so far. CURVE HAS FOUND A BID!! WOoAAAAH!!
Launched in Jan 2020, Curve is a blockchain-based platform for exchanging Ether-based stablecoins safely and securely. Michael Egorov, the founder of the protocol, recently told DeFi Prime that Curve is “an exchange expressly designed for stablecoins and Bitcoin tokens on Ethereum.” - medium.com
Curve is one of the most interesting DeFi products to enter the space. With its groundbreaking approaches like the AMM algorithm to provide liquidity, and it’s successful avoidance of the impermanent loss problem, Curve is a project set for greater heights.
Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stable coins. The team behind Curve are far from newcomers: Its founder continues to work on NuCypher, an encryption protocol for smart contracts
Curve Finance began as one of the most efficient stable coin swapping protocols in DeFi. Now, with a governance token in the works, it has become one of the most popular projects in the space. Following the launch of various tokens like COMP, BAL, and YFI, DeFiers are eager to get their hands on Curve’s CRV token.
Above-average institutional (managed money) sized volume around .45-.55 so far. CURVE HAS FOUND A BID!! WOoAAAAH!!
Comment:
Fibonaccis set up nicely confirming support and resistance along with price and volume profile.