🔥 DeFi Essentials: Vote-Escrowed Lockup Model
The veToken model involves locking tokens long term in exchange for governance power and yield, aligning token holders’ interests with the protocol’s long-term development.
Before locking your tokens, make sure you won’t need them during the lockup period. veCRV cannot be unlocked early.
The veCRV obtained by locking $CRV is the most representative example of the veToken model. Currently: 0.3473.
Anything to add? Let’s discuss in the comments.
These views are for discussion only. You assume all risks.
The veToken model involves locking tokens long term in exchange for governance power and yield, aligning token holders’ interests with the protocol’s long-term development.
Before locking your tokens, make sure you won’t need them during the lockup period. veCRV cannot be unlocked early.
The veCRV obtained by locking $CRV is the most representative example of the veToken model. Currently: 0.3473.
Anything to add? Let’s discuss in the comments.
These views are for discussion only. You assume all risks.