Details about LP-yCurve cryptocurrency
€38
7,428,522
1
Unknown
https://www.curve.fi/
@curvefinance
LP-yCurve price charts
YCURVE exchanges
LP-yCurve, the crypto
LP-yCurve (YCURVE) is a cryptocurrency and governance token associated with the Yearn.finance ecosystem. It serves as a liquidity provider token for users who contribute liquidity to Curve.fi pools through Yearn.finance vaults. The token can also be staked to earn additional rewards through the Yearn.finance platform.
The point
The main point of LP-yCurve (YCURVE) is to incentivize liquidity provision in Curve.fi pools through Yearn.finance vaults, while also providing governance rights to token holders. By staking YCURVE tokens, users can earn additional rewards for their contributions and participate in the decision-making process for the Yearn.finance ecosystem.
The problem
LP-yCurve (YCURVE) aims to address the problem of low liquidity in decentralized exchanges (DEXs) by providing incentives for users to contribute liquidity. This can help to improve the overall user experience on DEXs by ensuring that there is sufficient liquidity for trading. Additionally, YCURVE provides governance rights to token holders to enable them to have a say in the future development of the Yearn.finance ecosystem.
Compare YCURVE and BTC performance
| Timeframe | YCURVE | BTC |
|---|---|---|
| 1h change | 0.0210311 % | 0.147369 % |
| 24h change | -0.72 % | -3.62863 % |
| 7 day change | -0.95 % | 3.9344 % |
| 14 day change | 0.98 % | -8.62535 % |
| 30 day change | -1.44 % | -7.41801 % |
| 200 day change | 9.2 % | 127.413 % |
| Year change | -98.96 % | 141.647 % |