Let’s talk about the vote-escrow model.
Some protocols offer voting incentives (commonly known as bribes) to voters so their pools can receive more CRV emissions. This competition is known as the “Curve Wars.”
One thing worth considering is that Convex pools scattered CRV together and locks it permanently, allowing users who don’t want to lock their tokens for four years to indirectly benefit from boosted returns.
Before locking your tokens, make sure you won’t need them for the next few years. veCRV cannot be unlocked early before it expires.
$CRV is Curve’s governance token, and Curve was the protocol that popularized the veToken model.
#CRV
Some protocols offer voting incentives (commonly known as bribes) to voters so their pools can receive more CRV emissions. This competition is known as the “Curve Wars.”
One thing worth considering is that Convex pools scattered CRV together and locks it permanently, allowing users who don’t want to lock their tokens for four years to indirectly benefit from boosted returns.
Before locking your tokens, make sure you won’t need them for the next few years. veCRV cannot be unlocked early before it expires.
$CRV is Curve’s governance token, and Curve was the protocol that popularized the veToken model.
#CRV