$CRV Basics
Basics about the CRV token.
The main purposes of the Curve DAO token are to incentivise liquidity providers on the Curve Finance platform as well as getting as many users involved as possible in the governance of the protocol.
Liquidity providers on the Curve platform receive $CRV for providing liquidity. This ensures the protocol continues offering low fees and extremely low slippage.
You can find the release schedule for the next six years at this address: https://dao.curve.fi/inflation
$CRV is a governance token with time-weighted voting and value accrual mechanisms.
You can find out what to do with $CRV by clicking below:
One of the most important incentive to holding CRV is the vote locking boost. Each liquidity provider can increase their daily CRV rewards by vote locking CRV. You can vote lock your CRV at this address: https://dao.curve.fi/locker
Last modified 1yr ago