Curve Finance Celebrates Fifth Anniversary with Tokenomics Shift

Curve Finance is marking its fifth anniversary by cutting CRV emissions in a strategic move to enhance liquidity and bolster the platform’s position in DeFi. The newly implemented Epoch 5 sees a significant reduction of 15.9% in the annual issuance of CRV, Curve’s governance token, down from approximately 137.4 million to 115.5 million tokens. This dynamic adjustment is attributed to founder Michael Egorov and is expected to increase CRV scarcity. 6.51% price increase for CRV was observed following the announcement. Analyst studies reveal a surge in on-chain activity with $48.2 million trading volume on Binance, reflecting heightened investor interest.