“Those fees are collected and used to buy 3CRV, th... @curvefi

Asked 1077 days ago
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“Those fees are collected and used to buy 3CRV, the LP token for the TriPool, which are then distributed to veCRV holders.”

asked 1077 days ago

1 Answers

Yes, the fees collected are used to buy 3CRV, the LP token for TriPool, which is then distributed to veCRV holders. This system helps to maximize the value of veCRV and provides liquidity to the TriPool platform. veCRV holders benefit from the increased liquidity, as they can quickly and easily exchange their tokens for other currencies or assets. Additionally, the fees collected are used to cover the costs of the TriPool platform, helping to ensure its continued success.
answered 1077 days ago
0
That's right yes
answered 1077 days ago

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