🔥 DeFi Deep Dive: The Vote-Locking Model
The veToken model uses long-term token locks in exchange for voting power and rewards, aligning token holders’ interests with the protocol’s long-term growth.
Before voting to earn voting incentives, make sure you know which project is offering them and what assets are in the associated pool.
$CRV is Curve’s governance token, and Curve is what popularized the veToken model.
Anything to add? Share it in the comments.
#CRV
The veToken model uses long-term token locks in exchange for voting power and rewards, aligning token holders’ interests with the protocol’s long-term growth.
Before voting to earn voting incentives, make sure you know which project is offering them and what assets are in the associated pool.
$CRV is Curve’s governance token, and Curve is what popularized the veToken model.
Anything to add? Share it in the comments.
#CRV