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Curvance: The End-Game Reward and Utility Layer for Yield-Bearing Assets

Barbara Streisand
Release: 2024-10-07 12:44:23
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361 people have browsed it

Curvance is a chain-agnostic reward and utility layer for yield-bearing assets and other ERC-20 tokens. Initially to be launched on Ethereum, Arbitrum, Blast, Base, Optimism, and Polygon zkEVM, it aspires to establish itself as the de-facto reward and utility layer for any ERC-20 token.

Curvance: The End-Game Reward and Utility Layer for Yield-Bearing Assets

Curvance is a DeFi protocol that adds a layer of rewards and utility to yield-bearing assets and other ERC-20 tokens, initially launching on multiple chains.

Its goal is to become the ultimate DeFi “everything app,” providing an entry point for lending and yield generation protocols.

As DeFi grows and more complex yield-generating products are built on existing infrastructure, the market size for yield-bearing assets is expected to expand significantly.

Curvance aims to capitalize on this growth by enabling users to efficiently leverage their assets across borrowing, lending, and staking protocols, maximizing capital efficiency and unlocking further opportunities.

A key component of this vision is Curvance’s multichain strategy, which allows it to quickly tap into different flywheels and integrate with emerging chains and protocol flywheels that are in high demand.

This broadens the user base and maximizes revenue potential.

Curvance also aims to become the top liquidity management layer for new crypto users and experienced DeFi veterans.

The protocol capitalizes on the composability of yield-bearing assets and ERC-20 tokens, allowing tokenized treasuries, NFT markets, and other primitives to be borrowed against in a decentralized peer-to-peer fashion.

On Curvance, users can access third-party protocols that facilitate earning a competitive Annual Percentage Rate (APR) on assets.

Curvance unlocks additional utility and reward layers that can further unlock liquidity by securing loans against user assets and in some cases earn CVE tokens via the Gauge System.

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