What exactly are the parties fighting over in the so-called “Curve wars”?
Definition: veCRV holders can participate in Curve governance votes and decide how CRV emissions are allocated among different pools.
How it works: The cost of locking up tokens is giving up liquidity. If the token price plummets while your tokens are locked, you can’t sell them—you have to wait until the lock-up period ends to get them back.
The veCRV obtained by locking up $CRV is the most typical example of the veToken model. Currently: 0.3703.
It’s best to invest only money you can afford to lose.
Definition: veCRV holders can participate in Curve governance votes and decide how CRV emissions are allocated among different pools.
How it works: The cost of locking up tokens is giving up liquidity. If the token price plummets while your tokens are locked, you can’t sell them—you have to wait until the lock-up period ends to get them back.
The veCRV obtained by locking up $CRV is the most typical example of the veToken model. Currently: 0.3703.
It’s best to invest only money you can afford to lose.