Curve Receives $230K Grant to Fuel Arbitrum Liquidity
CryptoNewsTerminal Staff01 Jun, 2024
Curve Receives $230K Grant to Fuel Arbitrum Liquidity
Curve Finance, a leading decentralized exchange (DEX), has received a $230,000 grant from Arbitrum, a Layer 2 scaling solution for Ethereum, to incentivize liquidity on Curve pools on the Arbitrum network. This grant will enable Curve to distribute rewards to liquidity providers who add liquidity to Curve pools on Arbitrum, encouraging increased trading activity and liquidity depth on the platform. By providing financial support, Arbitrum aims to foster the growth of its ecosystem and attract more users to its network. This collaboration underscores the growing significance of Layer 2 solutions in enhancing the scalability and efficiency of DeFi protocols.
