Historical performance: bribes & protocol fees earned by veCRV stakers
Governance utility derived from managing CRV emissions
CRV lock-up stats
Represents the requirement to lock CRV for a specified time period [1 week - 4 years] in order to activate the token utility, which only exists in a nontrivial way in the form of veCRV. The voting power gained per token locked linearly depends on the remaining locking time.
[7] = ƒ(lock_time, price_at_lock, locked_quantity)
Represents protocol fees distributed to the veCRV holders pro rata on a weekly basis.
[22] = ƒ([82], admin_fee_volume, user_weight_shares)
The conditional action represents the necessity of participating in the governance process (i.e., voting, primarily for allocation of CRV emissions) in order to acquire veCRV governance value.
[81] = Binary
The governance value originates from the ability of veCRV voters to influence the distribution of CRV emissions weekly (although the weights are updated daily). This distribution is used to reward gauges, and through them, users who stake the associated liquidity provider tokens. Additionally, veCRV Governance covers voting on proposals and community fund usage.
[3] = ƒ([81], user_vote_allocation, user_strategy_representation)
Conditional Action: to receive boosted CRV rewards, veCRV staker must have a liquidity position in Curve and stake these LP tokens in Gauge.
[82] = Binary
This represents the additional CRV reward, or Boosted Reward, that a user receives for staking LP in Gauge from an address with a veCRV position.
[21] = ƒ([7], [82], user_vote_allocations, emission_distribution, user_voting_strategy)