The Celo team announced via Twitter on Tuesday that Curve Finance has launched on the Celo network. Curve Finance partnered with Stake DAO and Stake Capital to launch on Celo in a bid to promote real-world adoption of crypto assets. As a leading decentralized exchange, Curve Finance’s users will be able to more easily transfer digital assets and move on- and off-chain via Wormhole’s Portal bridge.
Celo is an open platform that supports various distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys. CELO is up by more than 11% in the last 24 hours and is currently trading at $0.518.
Curve Finance is an exchange liquidity pool on Ethereum that is designed for efficient stablecoin trading. CRV, the native coin of the Curve Finance network, is up by more than 29% today and is trading at $0.645.