Curve Launches ‘Lite’ Protocol Targeting Ethereum’s Layer 2 Ecosystem

Curve, a decentralized exchange focused on low-slippage trading, wants to expand its infrastructure onto new Ethereum Layer 2s. On Nov. 27, Curve launched Curve-Lite, a scaled-back and open-source version of its DEX architecture. Curve said the protocol aims to service Ethereum’s rapidly expanding rollup ecosystem. The new protocol includes Curve’s core decentralized exchange smart contracts and front-end interface integration. Curve-Lite remains controlled by the CurveDAO, allowing the decentralized autonomous organization to maintain control over smart contract assets, direct admin fees to a DAO-controlled vault, and facilitate the distribution of CRV emissions according to DAO governance. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant