DeFi 101: Vote-escrow model
· veCRV is non-transferable, and its balance decreases linearly with the remaining lockup time, reaching zero at expiration.
· Liquidity providers who hold veCRV can receive up to a 2.5x boost when claiming CRV rewards.
veCRV obtained by locking $CRV is the most typical example of the veToken model. Current: 0.3402.
This is not investment advice.
· veCRV is non-transferable, and its balance decreases linearly with the remaining lockup time, reaching zero at expiration.
· Liquidity providers who hold veCRV can receive up to a 2.5x boost when claiming CRV rewards.
veCRV obtained by locking $CRV is the most typical example of the veToken model. Current: 0.3402.
This is not investment advice.