PANews reported on November 13 that according to the CurveDAO announcement, the decentralized exchange Curve launched a new savings module Savings crvUSD (scrvUSD), which is a yield version of its stablecoin crvUSD, enabling users to earn "low-risk" compound interest by depositing crvUSD. The module was developed by Curve in cooperation with Yearn Finance and uses Yearn's V3 vault technology.
scrvUSD allows users to deposit crvUSD to earn part of the interest income, with safe custody of funds and no re-mortgage risk, while achieving automatic interest compounding. This design enhances the stability and attractiveness of crvUSD, and aims to further promote its ecological growth through a stable income model and expand it to DeFi applications.
