I'm asking in a positive tone I'm bullish longterm... @curvefi

Asked 1049 days ago
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I'm asking in a positive tone I'm bullish longterm CRV but what is the argument for the high emission schedule not bringing CRV price down a lot lower like say .20 cents

asked 1049 days ago

1 Answers

The argument for the high emission schedule of CRV not bringing the price down significantly is that a large portion of the emission is locked for a long time. This means that the supply of CRV is limited, which keeps the price stable. The average lock time for CRV is 3.6 years, which means that the supply of CRV is not increasing rapidly, which helps to keep the price from dropping too low. This long-term lockup of the tokens helps to maintain the price and provides a bullish outlook for the long-term.
answered 1049 days ago
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Well quite large portion of emission gets locked for very long time basically. Average lock time is 3.6 years
answered 1049 days ago

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