What exactly are people fighting over in the so-called “Curve wars”?
The voting escrow model is worth understanding.
Convex pools CRV from many users and locks it permanently, allowing users who don’t want to lock their tokens for 4 years themselves to indirectly earn boosted rewards.
Don’t put all your savings into a single project.
The veCRV obtained by locking $CRV is one of the most representative examples of the veToken model. Currently: 0.3661.
#CRV
The voting escrow model is worth understanding.
Convex pools CRV from many users and locks it permanently, allowing users who don’t want to lock their tokens for 4 years themselves to indirectly earn boosted rewards.
Don’t put all your savings into a single project.
The veCRV obtained by locking $CRV is one of the most representative examples of the veToken model. Currently: 0.3661.
#CRV