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Curve Finance Will Allocate Nearly $3M In Admin Fees To veCRV Token Holders
Summary: According to the voting page of the Curve website, Curve Finance's community voting on the distribution of admin fees has ended, and the proposal was unanimously approved with 95 votes in favor, accounting for 49.75% of the entire qualified voting pool. The community will allocate nearly $2,631,601.92 in admin fees to holders of the platform’s ...
According to the voting page of the Curve website, Curve Finance's community voting on the distribution of admin fees has ended, and the proposal was unanimously approved with 95 votes in favor, accounting for 49.75% of the entire qualified voting pool. The community will allocate nearly $2,631,601.92 in admin fees to holders of the platform’s governance token veCRV, and the distribution time will begin within 7 days of the end of voting.
Curve is the sixth-largest DeFi protocol, DeFi Pulse data shows, the total value locked of tokens in its smart contract is approximately $882 million.
By Mary Liu
Tags: Curve Finance,DeFi,veCRV
Link: Curve Finance Will Allocate Nearly $3M In Admin Fees To veCRV Token Holders [Copy]
