Curve Finance launches yield version crvUSD (scrvUSD) to achieve low-risk yield growth

Curve is a decentralized stablecoin exchange that uses automated market makers (AMMs) to manage liquidity. Launched in January 2020, Curve has now become synonymous with the decentralized finance (DeFi) phenomenon and has seen significant growth in the second half of 2020.

 

On November 20th, Curve Finance announced the launch of a yield version of crvUSD - Savings crvUSD (scrvUSD). Users can earn a portion of the fees paid by crvUSD borrowers by depositing crvUSD into their exclusive vault. Currently, the fee sharing ratio is set at a minimum of 5% and a maximum of 10%, aiming to provide users with a low-risk compound yield model.