Curve LP Tokens token
Overview
Curve LP Tokens are ERC-20 tokens that represent a liquidity provider's share in a specific liquidity pool on the Curve Finance decentralized exchange. They are issued to users who deposit assets into a Curve pool and can be redeemed for the underlying assets plus accrued fees. These tokens are also staked in Curve gauges to earn CRV governance token rewards.
Within the DeFi Intel graph, Curve LP Tokens connects to 1 tracked entity, most strongly to Magic Internet Money.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | Magic Internet Money | 90% |
Frequently asked questions
What are Curve LP Tokens?
Curve LP Tokens are ERC-20 tokens that represent a liquidity provider's share in a specific liquidity pool on the Curve Finance decentralized exchange.
How do Curve LP Tokens work?
They are issued to users who deposit assets into a Curve pool and can be redeemed for the underlying assets plus accrued fees.
What is the relationship between Curve LP Tokens and Magic Internet Money?
Curve LP Tokens are backed by Magic Internet Money.