Curio Governance launched in 25/12/2020 by a team based in Switzerland, Curio Governance is part of the Curio StableСoin Protocol and allows CGT token holders to participate in the governance and improvement of the protocol. Governance is based on the DAO model and supports 2 types of votes: direct protocol control by CGT-holders and community service polls. Curio StableCoin Protocol allows people to use Security Tokens (supported Curio Car Tokens) as collateral to generate Curio StableCoin, and also make deposits to Curio StableCoin to generate passive income.

The CURIO token, which is also referred to as the governance token of the Protocol of the Creator, enables the possessors to possess it to cast votes on alterations to be made on the Creator Protocol. It is noteworthy that anyone can bring up a proposal for a CURIO vote even without possessing a CURIO. The process of Governance creation usually encompasses proposals and executive voting. The proposal selection is carried out to initiate a preliminary agreement of the group’s opinion before Executive voting begins. This guarantees that decisions related to governance are considered, and an agreement is reached before the actual process of voting. The voting process usually helps to confirm (or cancel) adjustments to the position of the system. Technically, different kinds of votes are handled by smart contracts. A Proposal contract is a type of smart contract that is integrated with a governance action or more but can only be used once. When it is finished, it quickly enacts the changes being voted on into the variables affecting the internal governance of the Protocol. Once used, the Proposal Contract becomes void.

The official Curio Governance ticker is “CGT” and trades under that name on all the exchanges where it has been listed. The designation “CURIO” is for CryptoCompare.com only.

Curio Governance (CURIO) - USD