
JoJoChinto2018
1.2K posts







This will "fix" itself over time naturally. Currently 1 locked CVX controls 9 locked CRV tokens. This means an entity can get the same voting power from 1 locked CVX token as they can from 9 locked CRV tokens. Which means it makes sense that CVX is trading around 8-9 times higher than CRV. As the price of CVX rises though and if CRV continues to lag, then it makes CRV the better buy for those that are chasing yield/liquidity via vote locking. This works the other way too- if CRV was trading at a much higher valuation than CVX. There comes a price point on each respective asset at which point it makes more sense to buy the sister coin- this is why over time they essentially should "drag" each other up. Markets are not perfectly efficient and there are other factors to consider as well (such as liquidity differences between locked CVX and locked CRV) so the move up will not be in lock-step, but it will occur in general over time as they both rise in price.



COINBASE.ETH ACQUIRES UPONLY NFT FROM COBIE FOR 25M USDC: ONCHAIN

























