you lock CRV for veCRV @curvefi

Asked 1068 days ago
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you lock CRV for veCRV

asked 1068 days ago

1 Answers

Answer: To lock CRV for veCRV, you need to stake LP tokens in a Curve Pool. This will enable you to receive CRV tokens, which can then be locked in a veCRV pool to receive veCRV. By locking CRV in a veCRV pool, you will automatically boost the yield of your LP tokens, as the veCRV pool will generate additional rewards in the form of veCRV tokens. This will also help to increase the value of your LP tokens over time.
answered 1068 days ago
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So, you stake LP tokens to recieve CRV. I can simultanously lock CRV to recieve veCRV, which will automatically boost the % ??
answered 1068 days ago

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