In 2024, Curve Finance decided to reduce the inflation rate on the fourth anniversary of the $CRV token. As of August 13th, the platform cut the annual inflation rate of $CRV from 20% to 6% based on the Bitcoin ($BTC) halving model.
Key Takeaways
In August, Curve Finance reduced the annual inflation rate of $CRV from 20% to 6%, using the Bitcoin halving model.
The adjustment reflects a shift from high emission levels to a more sustainable model, with 16% annual reductions in emissions.
Curve Finance saw a surge in user engagement with a 105% increase in unique users, reaching 60,000 in 2024.
The platform introduced LlamaLend, a lending mechanism with liquidation protection, boosting crvUSD usage and earnings.
Savings crvUSD (scrvUSD) was launched, attracting over $20 million in deposits and increasing its market cap to $78 million.
Pendle and Spectra integrations diversified yield farming prospects for scrvUSD, and it was included in debit and credit card products.
In 2025, Curve plans to introduce new features such as Curve LP tokens as collateral for crvUSD and Forex pools for decentralized currency market trading.
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