This article was first published on Huobi Group - Medium
Huobi x Curve (CRV) AMA was a great success!
To thank the Curve community for participating in the Huobi x CRV AMA — Huobi wants you to have a special treat of a welcome bonus to Huobi.com.
🔹Now in the first section, we had an introduction of Michael Egorov and Curve (CRV):
Michael is the founder of Curve. Right now he lives in Switzerland. He lived in Russia before finishing his undergraduate studies, then did a Ph.D. in Physics in Australia, then went to the USA where he started NuCypher, and after that, he started Curve.
Curve is an automatic market maker and a dex for stablecoins (or similarly priced assets). Curve launched the product in January this year. Over this time they’ve also introduced BTC token pairs, combined market-making with lending on other platforms etc. In August, Curve was decentralized via transitioning to the DAO. Right now, they have a well-functioning governance system that is used to adopt any changes or new features in Curve system, changing parameters etc.
🔹In the second section, our CM asked Michael Egorov some important questions related to the project and its development.
1. Where did you get the inspiration for this unique project idea of CURVE ? And what influence will we have on the crypto industry due to the project?
The project was actually inspired by liquid staking. I thought about staking NuCypher. The idea I had is to have stakedNU/NU automatic market making. At the same time, I’m an active defi user since late 2018. So I did feel a pain of not being able to swap between stablecoins (dai/usdc) effectively....
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Huobi Group - Medium