What exactly are the parties fighting over in the so-called “Curve wars”?
It’s worth understanding the voting escrow model.
The cost of locking up tokens is sacrificing liquidity: if the token price falls during the lock-up period, you still can’t sell and have to wait until it ends to withdraw your tokens.
Don’t trade with borrowed money; the stress can easily push you into making bad decisions.
$CRV The veCRV you get from locking up tokens is the most representative example of the veToken model. Currently: 0.3669.
#CRV
It’s worth understanding the voting escrow model.
The cost of locking up tokens is sacrificing liquidity: if the token price falls during the lock-up period, you still can’t sell and have to wait until it ends to withdraw your tokens.
Don’t trade with borrowed money; the stress can easily push you into making bad decisions.
$CRV The veCRV you get from locking up tokens is the most representative example of the veToken model. Currently: 0.3669.
#CRV