Why are some people willing to lock up CRV for a full 4 years?
veCRV holders can participate in Curve governance votes and decide how CRV emissions are distributed among different pools.
veCRV is non-transferable, and its balance decreases linearly with the remaining lock-up period, reaching zero when the lock expires.
The most important thing to remember when managing your position: derivative tokens like cvxCRV cannot be redeemed for CRV at a 1:1 ratio, and their market price may sometimes be lower than CRV’s.
$CRV 0.3363（-2.01%）
veCRV holders can participate in Curve governance votes and decide how CRV emissions are distributed among different pools.
veCRV is non-transferable, and its balance decreases linearly with the remaining lock-up period, reaching zero when the lock expires.
The most important thing to remember when managing your position: derivative tokens like cvxCRV cannot be redeemed for CRV at a 1:1 ratio, and their market price may sometimes be lower than CRV’s.
$CRV 0.3363（-2.01%）