DeFi tip: Vote-escrow model
· CVX holders can lock their CVX as vlCVX (for at least 16 weeks) and vote on how Convex’s veCRV is allocated.
· veCRV is non-transferable, and its balance decreases linearly with the remaining lock-up time, reaching zero at expiry.
$CRV is Curve’s governance token, and Curve is what popularized the veToken model. Currently 0.3612.
#CRV
Just my personal opinion—don’t take it too seriously.
· CVX holders can lock their CVX as vlCVX (for at least 16 weeks) and vote on how Convex’s veCRV is allocated.
· veCRV is non-transferable, and its balance decreases linearly with the remaining lock-up time, reaching zero at expiry.
$CRV is Curve’s governance token, and Curve is what popularized the veToken model. Currently 0.3612.
#CRV
Just my personal opinion—don’t take it too seriously.