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dicksonlts.eth Profile picture
dicksonlts.eth
@dicksonlai_
Web 3.0 Venture Researcher | Ex-@TheSpartanLabs | Ex-@Bybit_official | Ex-@Signum_Capital | Member @IntractBuzz
Jan 23, 2022 • 14 tweets • 6 min read
1/
 Sharing a thread to understand how @ConvexFinance successfully acquired the majority of veCRV and is now a major influence on @CurveFinance . #CurveWars

🧵👇 2/
 The fundamental concept of Convex is to serve as a proxy for a pool of CRV holders to collectively influence decision-making on Curve to boost rewards for Liquidity Pools of their choice. As an individual, they are powerless. As a team, they become formidable.