Remember these points about the vote-locking model:
1) veCRV holders can also share in a portion of Curve’s trading fees.
2) CVX holders can lock their CVX as vlCVX (for at least 16 weeks) to vote on how Convex votes its veCRV.
3) Wrapped tokens such as cvxCRV cannot be redeemed for CRV at a 1:1 ratio, and their secondary-market prices are sometimes lower than CRV’s.
veCRV obtained by locking $CRV is the most representative example of the veToken model.
#CRV
1) veCRV holders can also share in a portion of Curve’s trading fees.
2) CVX holders can lock their CVX as vlCVX (for at least 16 weeks) to vote on how Convex votes its veCRV.
3) Wrapped tokens such as cvxCRV cannot be redeemed for CRV at a 1:1 ratio, and their secondary-market prices are sometimes lower than CRV’s.
veCRV obtained by locking $CRV is the most representative example of the veToken model.
#CRV