Depositors on Curve earn up to 4% annual yields from one of the many pools on the platform. Curve is the third-largest decentralized finance (DeFi) project with over $5.8 billion in value locked. Its CRV are issued as yield farming rewards to liquidity providers on Curve Finance, and can be converted into vote-escrowed CRV (veCRV). Holding veCRV allows users to participate in platform governance, earn higher rewards and fees and receive airdrops.
Source: https://www.coindesk.com/tech/2022/10/12/curve-dao-proposal-to-enable-easier-crv-rewards-passes-with-overwhelming-support/?utm_medium=referral&utm_source=rss&utm_campaign=headlines