The Tron team announced via Twitter on Monday that it has partnered with Curve Finance to provide assistance and fortify security measures. The team said the integration between Curve and BitTorrent’s BTTC token will also fuel the growth of DeFi ecosystems, especially DEX platforms.
As part of the partnership, Tron DAO has purchased $2 million worth of CRV tokens. Furthermore, Curve will launch on both the TRON and the BTTC networks.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRX is down by 1% so far today and is trading at $0.07474 at press time.
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 down by more than 6% today and is trading at $0.4668.