How the mecanism works ? @curvefi

Asked 1080 days ago
Viewed 89 times
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How the mecanism works ?

asked 1080 days ago

1 Answers

The mechanism for 3CRV rewards works by taking half of the Curve fees and using them to purchase 3CRV tokens. These tokens are then distributed to CRV stackers, who are users of the Curve platform who have staked their CRV tokens. This rewards system is designed to incentivize users to stake their CRV tokens and increase the liquidity of the Curve platform. The 3CRV tokens are distributed based on the amount of CRV tokens staked by each user, so the more CRV tokens a user stakes, the more 3CRV tokens they will receive. This rewards system is an important part of the Curve platform, as it helps to ensure that users are incentivized to continue staking their CRV tokens and increase the liquidity of the platform.
answered 1080 days ago
0
I guess you mean 3CRV rewards. Community voted that half of curve fees will go to buy 3CRV, and those 3CRV are then distributed to CRV stackers.
answered 1080 days ago

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