I saw 60% of token allocated to LP @curvefi

Asked 1080 days ago
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I saw 60% of token allocated to LP

asked 1080 days ago

1 Answers

Answer:Based on the information provided, it appears that 60% of the total CRV token supply has been allocated to liquidity providers. This means that of the 3.03 billion tokens in circulation, 1.818 billion tokens have been given to liquidity providers. The remaining 47% of the total supply was the initial supply, and the remaining 57% of the total supply is left for CRV inflation. This indicates that the CRV token is being actively used to provide liquidity to the market, which can help to increase its value over time.
answered 1080 days ago
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well there is a max CRV token supply 3.03 billion tokens, 57% from those is left for CRV inflation (the rest 47% was the initial supply)
answered 1080 days ago

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