Game theory behind Curve and Convex Finance

January 6, 2022, 9:10PM EST

• 9 min read

Quick Take

Curve is the largest DeFi protocol by value locked, and liquidity providers (LPs) on Curve are rewarded with CRV tokens.
CRV can be locked to boost LP rewards, earn protocol revenue, and vote on proposals related to reward allocation.
Convex and Votium are tools built on top of Curve that increase the economic efficiency of locked CRV tokens.
More than 80% of value locked on Curve originates from Convex.

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Source: https://www.theblockresearch.com/game-theory-behind-curve-and-convex-finance-129432?utm_source=rss&utm_medium=rss