Curve AMO

Curve is a piece of software that runs an automated market maker (AMM) service specializing in stablecoins (cryptocurrencies programmed to mimic other assets). By only allowing liquidity pools made up of similarly behaved assets, it is an AMM platform that offers a very efficient way to trade tokens while keeping cheap costs and little slippage.

Curve has an incentive model that increases participation by integrating with external decentralized finance (DeFi) protocols and providing rewards in the form of Curve DAO (CRV) tokens and interest. The approach does result in lower prices for the liquidity providers who supply the pools with tokens.