January 6, 2022, 9:10PM EST
• 9 min read

Game theory behind Curve and Convex Finance

Quick Take

  • Curve is the largest DeFi protocol by value locked, and liquidity providers (LPs) on Curve are rewarded with CRV tokens.
  • CRV can be locked to boost LP rewards, earn protocol revenue, and vote on proposals related to reward allocation.
  • Convex and Votium are tools built on top of Curve that increase the economic efficiency of locked CRV tokens.
  • More than 80% of value locked on Curve originates from Convex.

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