can somebody help me? what is the difference betwe... @yearnfinance

Asked 1053 days ago
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can somebody help me? what is the difference between ycrv, lp-ycrv and st-ycrv

asked 1053 days ago

2 Answers

Answer: YCRV is a non-activated token for veCRV, which is a decentralized yield-generating protocol for the Curve Finance ecosystem. LP-YCRV and ST-YCRV are different types of YCRV tokens. LP-YCRV is a liquidity provider token, which allows users to stake their YCRV tokens in order to earn a portion of the fees generated from the Curve Finance protocol. ST-YCRV is a staking token, which allows users to stake their YCRV tokens in order to earn rewards from the staking rewards pool. Both of these tokens offer users different ways to earn rewards from their YCRV tokens, but they are not the same. For more detailed information on YCRV, LP-YCRV, and ST-YCRV, you can read the official Yearn Finance documentation here: https://docs.yearn.finance/getting-started/products/ycrv/overview.
answered 1053 days ago
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ycrv is just a non-activated token for veCRV.
answered 1053 days ago
0
Did you read the docs? https://docs.yearn.finance/getting-started/products/ycrv/overview
answered 1053 days ago

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