Why would anyone lock up their CRV for 4 years?
When liquidity providers hold veCRV, they can receive up to a 2.5x boost on their CRV rewards.
In Curve’s veCRV model, users lock up CRV in exchange for veCRV. The longer they lock it up, the more veCRV they receive; the maximum lock-up period is 4 years.
When managing funds, the most important thing to remember is to find out which project is offering the voting incentives and what assets are in the corresponding pool before voting to earn them.
$CRV 0.3631（+8.65%）
#CRV
For reference only. Make your own decisions about buying and selling.
When liquidity providers hold veCRV, they can receive up to a 2.5x boost on their CRV rewards.
In Curve’s veCRV model, users lock up CRV in exchange for veCRV. The longer they lock it up, the more veCRV they receive; the maximum lock-up period is 4 years.
When managing funds, the most important thing to remember is to find out which project is offering the voting incentives and what assets are in the corresponding pool before voting to earn them.
$CRV 0.3631（+8.65%）
#CRV
For reference only. Make your own decisions about buying and selling.