whats new and caused yCRV to repeg recently, what ... @yearnfinance

The recent development of yCRV has been a major improvement in stability and security for investors. The new product is much simpler and more efficient, making it easier for protocols to buy, lock, and hold yCRV. This increased liquidity should help the peg stay close to parity, reducing the risk of another depeg. Additionally, the new product has incentives for protocols to buy, lock, and hold yCRV, further increasing the stability of the peg. These factors have combined to make yCRV a much more attractive investment than before, and investors can be confident that their funds will remain secure and stable.

The new product seems to hold a better peg. The old veCRV wrapper was complex and less efficient than our new one. People didn't understand it and that was probably the reason it couldn't keep the peg as well as yCRV has. We now have more incentives for protocols to buy, lock, and hold yCRV which should help the peg stay close to parity.