





Curve Finance is a decentralized exchange designed specifically for stablecoin and similar-asset swaps. It uses an automated market maker (AMM) model with specialized bonding curves designed for assets that trade near parity. CRV is the governance token that can be vote-locked (veCRV) to participate in protocol governance and earn trading fee rewards.
Explore the tokenomics of Curve DAO Token (CRV) and review the project details below.
What is the allocation for Curve DAO Token (CRV)?
The total supply of 3.03b is distributed as such:
- 62% to Community liquidity providers
- 30% to Shareholders (team and investors) with 2-4 years vesting
- 3% to Employees with 2 years vesting
- 5% to Community reserve
The initial supply of around 1.3b (~43%) is distributed as such:
- 5% to Pre-CRV liquidity providers with 1 year vesting
- 30% to Shareholders (team and investors) with 2-4 years vesting
- 3% to Employees with 2 years vesting
- 5% to Community reserve
What is the supply schedule for CRV?
In the first year, approximately 2 million CRV tokens were distributed daily. This rate decreases linearly every year until it reaches 1 million CRV per day in the fourth year. After the fourth year, the emission rate will remain constant at 1 million CRV per day. If you want to know the real-time issuance quantity of CRV, you can refer to https://dao.curve.fi/releaseschedule

