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[exchange-rates_badge amount="1" base_currency="ETH" flag_type="none" decimals="2" id="1690700525" currency_list="USD"]

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curvenetwork.io

Curve Network

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Their official site text

Welcome to the documentation portal for Curve

Welcome to the go-to portal for in-depth information about the Curve (CURVE) platform and ecosystem and how to interact with them!

The Curve documentation is separated into three major parts:

  1. Curve Docs. This part is available in the sections below is for anyone who wants to learn more about Curve without going into detail that only developers would usually need to know.
  2. Developer docs. Developers wishing to build on top of Curve and its mobile-centric infrastructure or run validator nodes should consult this.
  3. Tutorials. This part contains various consumer-focused tutorials. It can be accessed here.

Curve Consensus

Consensus is a fault-tolerant mechanism that is used in blockchain systems to achieve the necessary agreement on the single state of the network. Curve network is using a (DPoS) consensus model. DPoS is a variation of consensus. In PoS there are a set of validators that are responsible for keeping the network updated and validating the network's state. They do this in turns, every validator has their turn in line. On their turn the validator updates the network's state, and the rest of the validators check that the update is valid.

Consensus contract is used to manage the list of the network validators and delegators

BlockReward contract calculates the reward amount that validators and delegators will receive on each block validation. The reward size is proportional to validator's stake.

With Voting contract validators are vote on various changes on these 3 base level contracts. All those contracts are proxied with implementation that handles the logic. The implementations can be changed only by the Voting process.

The bridge is used to transfer the Curve native token between Curve and Ethereum networks.

This contract is responsible for handling the network DPos consensus. The contract stores the current validator set and chooses a new validator set at the end of each cycle. The logic for updating the validator set is to select a random snapshot from the snapshots taken during the cycle.

The snapshots are taken of pending validators, who are those which staked more than the minimum stake needed to become a network validator. Therefore the contract is also responsible for staking, delegating and withdrawing those funds.

Stake amount for a validator is the sum of staked and delegated amount to it's address.

This contract is based on non-reporting ValidatorSet.

Minimum stake amount = 100,000 Curve token

Cycle duration blocks = 34560 (approximately 2 days)

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