Why would anyone lock up CRV for 4 whole years?
veCRV is non-transferable, and its amount decreases linearly with the remaining lockup period, reaching zero at expiration.
The weighted voting that determines CRV emission allocation is called gauge voting, and voting weights are updated once a week.
The most important thing to remember when managing your funds: before locking up your coins, make sure you won't need them during the lockup period. veCRV cannot be unlocked early before it expires.
$CRV 0.2852(-14.46%)
#CRV
veCRV is non-transferable, and its amount decreases linearly with the remaining lockup period, reaching zero at expiration.
The weighted voting that determines CRV emission allocation is called gauge voting, and voting weights are updated once a week.
The most important thing to remember when managing your funds: before locking up your coins, make sure you won't need them during the lockup period. veCRV cannot be unlocked early before it expires.
$CRV 0.2852(-14.46%)
#CRV