Anonymous Developer Deploys Curve Contracts, Forcing Early Launch

Decentralized finance project Curve has been forced to launch its DAO and governance token CRV prematurely after an anonymous developer deployed the contracts without the knowledge of the official team.

The developer tweeted from a brand new Twitter account that he thought the contracts were ready and had jumped the gun.

In a preliminary response the Curve team confirmed that everything looked correct, then spent the morning frantically verifying the contracts and deployment parameters.

Verified and launchedSeven hours after the early contract deployment, Curve announced on Telegram and Discord the official launch, confirming that the early deployment was verified and legitimate.

"The Curve team is proud to announce that Curve Finance native token CRV has officially launched," the post read."The Curve DAO was deployed by a community member. The contracts have been thoroughly verified by the team to make sure they follow the correct deployment process."

Curve is a decentralized exchange liquidity pool built on Ethereum, which allows for efficient and low cost trading of stablecoins.

Curve states their fees are only 0.04% of any trade.

The contracts were available for deployment due to the fact that they were published open-source on Github, allowing anyone to see the code and deploy it on Ethereum.

Curve probably assumed no one would wish to front the deployment costs of more than $8,000 in fees.

The Curve project lead shared his support for community engagement on the team's Discord channel, "I think it's kinda cool personally".