When asked: Why would anyone be willing to lock up CRV for four years?
My answer: Project teams want their pools to receive a larger share of CRV emissions, so they offer incentives to voters (commonly known as bribes). This competition is called the “Curve Wars.” The cost of locking up your tokens is sacrificing liquidity: even if the token price plummets during the lockup period, you can’t sell—you can only get them back when the lockup expires.
$CRV 0.2645 (+0.46%)
What do you think about this? Come share your thoughts in the comments.
Just listen—don’t buy based on this. Make your own decisions.
My answer: Project teams want their pools to receive a larger share of CRV emissions, so they offer incentives to voters (commonly known as bribes). This competition is called the “Curve Wars.” The cost of locking up your tokens is sacrificing liquidity: even if the token price plummets during the lockup period, you can’t sell—you can only get them back when the lockup expires.
$CRV 0.2645 (+0.46%)
What do you think about this? Come share your thoughts in the comments.
Just listen—don’t buy based on this. Make your own decisions.
