The post Curve Finance Announces Annual Reduction Of Its CRV Emissions appeared first on Coinpedia Fintech News
Curve Finance has announced the annual reduction of its native CRV token emissions. The event marks the fifth consecutive year of emissions reductions since the token’s launch in 2020. The annual reduction has dropped the total CRV supply to 2.09 billion, with approximately 930 million perpetually locked on the platform as vote-escrowed veCRV. The current circulating supply of CRV tokens is around 1.16 billion. The reduction in emissions and the end of vesting periods happening at the same time could reduce the overall annual inflation of the CRV token.