Gordon made me a bit confused… @curvefi

Asked 1077 days ago
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Gordon made me a bit confused…

asked 1077 days ago

1 Answers

Answer: Gordon was referring to the current Annual Percentage Yield (APY) of 11.64% for veCRV holders. This means that if you lock up 400 veCRV, you will be earning 11.64% on your veCRV holdings, which is higher than if you only locked up 100 veCRV. This translates to higher rewards of 3crv paid out weekly, which can be claimed anytime you want. Therefore, if you are looking for higher rewards, locking up more veCRV for a longer period of time is a great way to maximize your earnings.
answered 1077 days ago
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Right now the apy for veCRV holder is 11.64%. So yes, if you locked longer, you would be earning 11.64% on 400 veCRV vs. 100veCRV and thus higher rewards of course paid in 3crv weekly and claimable anytime you want
answered 1077 days ago

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