Quick Take
Liquidity on Curve has skyrocketed as liquidity providers can earn inflationary CRV rewards, where CRV is Curve’s native token
CRV has a high inflation rate which gets absorbed by liquidity providers and yield optimizers who buy and lock up CRV for a long time to boost up their rewards
Three whitelisted yield optimizing protocols provide free reward boosting for users who deposit Curve LP tokens into their vaults
Convex Finance has locked up more CRV than its competitors albeit recently launched
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