Cryptocurrencies: 6453 / Markets: 44743 Market Cap: 24h Vol:
2021-06-22 09:55:56

Yield wars behind Curve Finance

Quick TakeLiquidity on Curve has skyrocketed as liquidity providers can earn inflationary CRV rewards, where CRV is Curve’s native tokenCRV has a high inflation rate which gets absorbed by liquidity providers and yield optimizers who buy and lock up CRV for a long time to boost up their rewardsThree whitelisted yield optimizing protocols provide free reward boosting for users who deposit Curve LP tokens into their vaultsConvex Finance has locked up more CRV than its competitors albeit recently launched

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