CRV/SKL: Convert and Swap Curve DAO Token (CRV) to SKALE (SKL)

About Curve DAO Token (CRV)

Curve (CRV) is an Ethereum token that powers Curve.fi, a decentralized exchange and automated market maker protocol. The protocol is designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC). In order to minimize impermanent loss, most of the protocol’s liquidity pools are made up of similar assets, although in June 2021, it introduced a USDT-WBTC-ETH “tricrypto” pool. The CRV token can be locked for various periods of time (up to 4 years) in order to vote on governance and claim protocol fees as a reward.

About SKALE (SKL)

SKALE (SKL) is an Ethereum token that powers the SKALE Network, which describes itself as “an Ethereum Native network with a leaderless consensus designed to run on an uncapped number of independent nodes.” Nodes on the Skale Network provide resources to multiple decentralized modular blockchains. The SKL token grants a right to participate as a network validator, stake as a delegator, or access a share of the network’s resources as a developer.