Bridged Curve DAO Token (Stargate) (CRV)
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About Bridged Curve DAO Token (Stargate)
The Bridged Curve DAO Token (Stargate), with the ticker CRV, is a fully composable liquidity transport protocol known as Stargate. Stargate serves as the backbone of Omnichain DeFi, enabling users and decentralized applications (dApps) to seamlessly transfer native assets across different chains. By utilizing Stargate, users gain access to the platform’s unified liquidity pools with instant guaranteed finality.
Stargate offers a range of features that enhance the omnichain experience. Users can transfer and swap 1:1 native assets across different chains, utilizing Stargate’s unified liquidity pools. Notably, transfers made through Stargate are guaranteed on the destination chain, ensuring reliable and secure transactions. Additionally, liquidity providers can earn stablecoin rewards by adding liquidity to Stargate’s protocol and farming their LP tokens. By participating in these farming activities, users also have the opportunity to receive STG token rewards.
To further enhance the governance aspect of Stargate, STG holders can stake their tokens and receive veSTG, Stargate’s governance token. By locking their STG tokens, users can actively participate in decision-making processes within the Stargate community. The longer users stake their STG tokens, the more veSTG tokens they will receive, increasing their influence over governance matters.
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