Yield wars behind Curve Finance


Quick Take Liquidity on Curve has skyrocketed as liquidity providers can earn inflationary CRV rewards, where CRV is Curve's native token CRV has a high inflation rate which gets absorbed by liquidity providers and yield optimizers who buy and lock up CRV for a long time to boost up their rewards Three whitelisted yield optimizing protocols provide free reward boosting for users who deposit Curve LP tokens into their vaults Convex Finance has locked up more CRV than its competitors albeit recently launched