Yeah so what i find interesting is you have people... @curvefi

Asked 1049 days ago
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Yeah so what i find interesting is you have people selling cvxcrv derivative to get more crv from the pool to then relock it elsewhere to earn better yield end result is more crv locked

asked 1049 days ago

1 Answers

The process of people swapping out CRV derivatives to get more CRV from the pool and then relocking it elsewhere to earn better yield is a common practice in the cryptocurrency world. This is due to the arbitrage opportunity that exists between different platforms and markets. By taking advantage of this opportunity, people are able to increase their CRV holdings and lock them in different places to earn higher returns. This process does not require any additional CRV to be locked in the pool, as the derivatives are simply being swapped out for more CRV. This is an interesting strategy that can be used to increase one's CRV holdings and earn higher yield, without having to invest additional capital.
answered 1049 days ago
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Well in the case of people swapping out, which what happens often b/c there is a nice arb there, no further CRV are locked
answered 1049 days ago

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