🐋 Beyond tracking fund flows, you should understand this basic concept too: the vote-escrow model
Convex lets users deposit CRV in exchange for cvxCRV. The CRV is permanently locked as veCRV, and this process cannot be reversed to redeem the CRV.
The veToken model uses long-term lockups to grant voting rights and yield, aligning holders’ interests with the protocol’s long-term development.
$CRV The veCRV received in exchange for locking tokens is one of the most representative examples of the veToken model.
Only invest what you can afford, and leave yourself plenty of room to maneuver.
#CRV
Volatility is significant, so manage leverage carefully.
Convex lets users deposit CRV in exchange for cvxCRV. The CRV is permanently locked as veCRV, and this process cannot be reversed to redeem the CRV.
The veToken model uses long-term lockups to grant voting rights and yield, aligning holders’ interests with the protocol’s long-term development.
$CRV The veCRV received in exchange for locking tokens is one of the most representative examples of the veToken model.
Only invest what you can afford, and leave yourself plenty of room to maneuver.
#CRV
Volatility is significant, so manage leverage carefully.