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Barry-Fried ‘½⏱’

Does this sound accurate to anyone? CRV price up bc Frax

selling pressure gone
More FXS locked in Convex bc they want to receive max yield

Protocols want to have high emissions in their bp, so they bribe/vote veCRV and veFXS holders(thus vlCVX!)

Convex becomes the most scarce asset in crypto as it’s used to vote/collect bribes from veFXS and veCRV

Underlying curve wars projects with massive treasuries of CRV FXS and CVX are rich
🤯🤯

#cryptocurrency #english #frax
0

3 ответов

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DeFi-Dave

That flywheel is spinning so hard I’m starting to get dizzy kek

0
30.05.2022
Barry-Fried ‘½⏱’ Автор вопроса
DeFi Dave
That flywheel is spinning so hard I’m starting to ...

Haha tho does it make sense to assume vlCVX holders will receive both veCRV and veFXS bribes into basepools?

0
30.05.2022

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