veCRV - Boosting CRV rewards
While providing liquidity to Curve pools and lending to Llamalend markets already earns you trading fees and CRV rewards (if available), there's a powerful way to maximize your CRV earnings: by boosting them. Boosting allows you to increase the amount of CRV you earn by up to 2.5x.
Your current pool boosts can be seen on the DEX Dashboard, and you can calculate the boost your potential boost with the boost calculator, links below.
DEX DashboardWhat is Boosting?
Boosting is a mechanism tied to veCRV (vote-escrowed CRV). To get veCRV, you lock your CRV tokens for a set period, ranging from one week to four years. The longer you lock your CRV, the more veCRV you receive.
Think of veCRV as your long-term commitment to the Curve ecosystem. In return for this commitment, the protocol rewards you with increased CRV emissions on your supplied liquidity. Essentially, with enough veCRV, you can earn up to 2.5 times the CRV rewards you would normally receive from your LP tokens!
Why Boost?
Boosting is a key incentive for long-term participation in the Curve ecosystem. It allows active liquidity providers to significantly increase their CRV farming efficiency, making their contributions even more profitable.