To solve this problem, Convex pools all user assets together so that it can purchase curve tokens, convert them into veCRV, and maximize rewards for its liquidity providers. This allows Convex users to receive Curve rewards without locking up curve tokens for lengthy periods.
Related posts
-
Solana DeFi Landscape Expands As TVL Reaches $5.7 Billion
Este artículo también está disponible en español. Solana continues to prove that it’s one of the... -
Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks
Este artículo también está disponible en español. A recent report from crypto data and research firm... -
dYdX’s D’Haussy Says DeFi to Have ‘Walled Garden’ Moment as Internet of Money Matures
“The internet, in my opinion, is becoming the split internet, with walled gardens…People don’t go to...