According to Odaily, Curve Finance has announced that it has received a donation of 237,500 ARB from Arbitrum. The donation will be used to incentivize the Curve pool on the Arbitrum chain.
Curve Finance, a decentralized exchange (DEX) on Ethereum, is known for its stablecoin swaps. The donation from Arbitrum, a Layer 2 scaling solution for Ethereum, will be used to provide incentives for the Curve pool on the Arbitrum chain. This move is expected to enhance the liquidity of the Curve pool on the Arbitrum chain and promote the growth of the DeFi ecosystem.
The donation is a significant development for Curve Finance, as it will help to boost the liquidity of the Curve pool on the Arbitrum chain. This is expected to attract more users to the platform and contribute to the overall growth of the DeFi ecosystem. The donation from Arbitrum is a testament to the growing collaboration between different players in the DeFi space, aimed at enhancing the efficiency and scalability of the ecosystem.