CRV
Curve token
The governance + emissions token of Curve Finance, lockable for [[ve-token]] vote-escrowed governance power.
CRV is paid as inflationary emissions to LPs, weighted by Gauge votes from veCRV holders. The vote-escrow design produced the broader "Curve Wars" — protocols accumulating vote-power to direct emissions to their own pools.
Related terms
- CurveThe largest stablecoin-focused AMM, optimised for low-slippage swaps between like-kind assets.
- Vote-escrow (ve-token)A token-locking model where governance power and emissions weight scale with lock duration.
- GaugeA Curve mechanism that directs CRV emissions to a chosen pool, with weights set by veCRV votes.
- ConvexA liquidity-aggregation protocol layered on Curve that converts CRV emissions into a liquid, boosted yield product.