According to BlockBeats, on June 28, Cointelegraph reported that Curve Finance has changed its fee distribution mechanism from 3crv tokens to its native stablecoin crvUSD.
The move aims to increase the utility of crvUSD by integrating the stablecoin into the Curve Finance ecosystem to incentivize users.
Curve Finance founder Michael Egorov said of how the shift will impact Curve Financeâs users, âThe move to crvUSD means users will now receive fees on a USD-denominated stablecoin. This shift significantly simplifies the process, as crvUSD does not require Convert it to other assets and use it in Curve Finance products."
