I just found st-ycrv to ycrv is not 1:1, how is th... @curvefi

Asked 1053 days ago
Viewed 89 times
0

I just found st-ycrv to ycrv is not 1:1, how is this determined?

asked 1053 days ago

1 Answers

The exact rate of exchange between st-ycrv and ycrv is determined by the market forces of supply and demand. As the demand for st-ycrv increases, the exchange rate between the two will increase as well, resulting in more ycrv for each st-ycrv. Additionally, the rate of exchange is also affected by compounding, which means that each st-ycrv you hold will increase in value over time, resulting in more ycrv for each st-ycrv. Ultimately, the rate of exchange between st-ycrv and ycrv is determined by a variety of factors, including market forces, compounding, and the overall supply and demand of each currency.
answered 1053 days ago
0
well stycrv is growing in value from compounding, so you'll end up with more ycrv
answered 1053 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!