The CRV wars were so competitive at their peak that projects began stockpiling CRV/CVX to earn rebates...

The end result could be a situation that resembles veToken bribe markets like CRV, CVX, BAL, and AERO...

...stablecoins such as USDC and USDP, while approximately ~19% resides in volatile assets, including CRV, CVX...As the Curve AMO mostly earns its revenue denominated in CRV and CVX, which have been affected by the...Additionally, the Frax AMO stands to benefit substantially by capturing more CRV/CVX emissions due to...

While the Curve Wars are not in their prime anymore, Redacted Cartel still owns enough CVX (1.4M, 2.58%...They provide auto-compounding and yield management for CVX, GMX, GLP, and BTRFLY deposits.

By introducing an ETH stablecoin that leverages CRV and CVX rewards, sfrxETH’s higher return will entice...

...vote-locked CVX (vlCVX) paid in cvxCRV 1% goes exclusively to vote-locked CVX paid in cvxCRV 1%...As of today, Convex has earned ~328M CRV, with around 97.4M CVX minted and only ~2.6M CVX left as emissions...Frax has the largest holdings of locked CVX, accounting for about 6.5% of all locked CVX.

Centralized stablecoins like USDC and USDT are counted as 0% decentralized, while assets like ETH, CVX...Their ownership makes up 54% of the FBP, allowing them to farm CRV and CVX emissions on Convex with this...Some of the AMO revenue is held by the protocol, such as farmed CVX and CRV tokens, which gives Frax...

This can be viewed as Frax using their CVX voting power to indirectly increase the yields earned on staked...

Additionally, Frax owns the largest amount of protocol-owned CVX, which it can use to direct emissions...This can be viewed as Frax using their CVX voting power to indirectly increase the yields earned on staked...Frax has sizable CVX voting power to incentivize deep liquidity and an AMO mechanism that helps maintain...

...who provide liquidity on Curve are earning an APR of 10.4% from trading fees and token rewards (CRV, CVX...

Typically, mature veToken structures such as CRV, CVX, FRAX, and BAL result in around 50% of token supply...Users who locked CVX for 16 weeks in exchange for vlCVX controlled the gauge votes of Convex’s veCRV...Since Convex requires users to lock CVX for vlCVX to steer gauge voting and earn bribes, the need for...

Typically, mature veToken structures such as CRV, CVX, FRAX, and BAL result in around 50% of token supply...Users who locked CVX for 16 weeks in exchange for vlCVX controlled the gauge votes of Convex’s veCRV...Since Convex requires users to lock CVX for vlCVX to steer gauge voting and earn bribes, the need for...

...you can provide liquidity into their frxETH-ETH Curve pool and stake on Convex Finance to earn CRV, CVX...

Pirex Protocol allows users to tokenize future gauge votes events (like bribes) and currently supports CVX...

Finance has generated ~$156M in revenue over the last 180 days, which goes towards crvCVX stakers and CVX...CVX stakers receive a portion of revenue generated....Since CVX emissions are a function of CRV farmed, if we project out a 90% Convex take rate into the future...Over the next 12 months, Convex will emit an additional ~15.5M CVX reaching 47.5M, out of the 50M set...

When it’s time to withdraw, users can choose from cxvCRV, CRV, CVX or ETH....Users may withdraw any or all of their deposits and yield at any time in cvxCRV, CRV, CVX or ETH.

...cvxCRV, and cvxFXS To summarize: veCRV = Vote Escrowed CRV (max lock of 4 years) vlCVX = Vote Locked CVX...report, we extensively discussed the relationship between Convex and Curve, the state of bribes, and CVX...The proposal, if passed, will: Lock all CVX as vlCVX,  Lock at least 5% of CRV as veCRV Use the remaining...

Wonderland is considering liquidating its CVX position....for GHO could even be the spark that potentially reignites the Curve Wars as protocols use CRV and CVX...

...cvxCRV Since Frax is the largest stablecoin player in the Curve ecosystem and also a massive holder of CVX...The massive increase in cvxCRV supply equates to more gauge power controlled by each CVX, thus allowing...Each locked CVX now controls over 5.4 max locked veCRV, a ratio not seen since March 3rd, 2022.

The proposal, if passed, will: Lock all CVX as vlCVX Lock at least 5% of CRV as veCRV Use the remaining...