Let’s talk about the vote-locking model.
Locking 1 CRV for 4 years gets you 1 veCRV; locking it for just 1 year gets you only 0.25 veCRV.
To be honest, I hadn’t paid attention to this before either: before voting to earn incentives, check which project is offering them and what assets are in the corresponding pool.
The veCRV obtained by locking $CRV is the classic example of the veToken model.
Knowledge can help you avoid pitfalls, but it can’t replace position management.
#CRV
Locking 1 CRV for 4 years gets you 1 veCRV; locking it for just 1 year gets you only 0.25 veCRV.
To be honest, I hadn’t paid attention to this before either: before voting to earn incentives, check which project is offering them and what assets are in the corresponding pool.
The veCRV obtained by locking $CRV is the classic example of the veToken model.
Knowledge can help you avoid pitfalls, but it can’t replace position management.
#CRV