Why would anyone lock up CRV for a full 4 years?
veCRV holders can participate in Curve governance votes and decide how CRV emissions are allocated among different pools.
CVX holders can lock their CVX as vlCVX (for at least 16 weeks) and vote on how the veCRV controlled by Convex is used to vote.
The most important thing to remember when managing your positions: wrapped tokens like cvxCRV cannot be exchanged back for CRV at a 1:1 ratio, and their market price may be lower than CRV.
$CRV 0.3561（-4.17%）
#CRV
Volatility is significant, so use leverage within your means.
veCRV holders can participate in Curve governance votes and decide how CRV emissions are allocated among different pools.
CVX holders can lock their CVX as vlCVX (for at least 16 weeks) and vote on how the veCRV controlled by Convex is used to vote.
The most important thing to remember when managing your positions: wrapped tokens like cvxCRV cannot be exchanged back for CRV at a 1:1 ratio, and their market price may be lower than CRV.
$CRV 0.3561（-4.17%）
#CRV
Volatility is significant, so use leverage within your means.