CRV Extends Rally as ‘Curve Wars’ Intensify

“An increasingly large amount of CRV is being locked up as veCRV, which has the effect of offsetting some of the supply emissions,” Jason Choi, basic partner and head of research study at Spartan Capital, stated in an e-mail. “Protocols like Convex are locking up almost 50% of all veCRV, as other protocols are accumulating CVX, the token to Convex. In other words, more and more protocols are building off of Curve, and an entire ecosystem is emerging, engaged in the so-called Curve Wars.”



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