The Locking Mechanism of CRV Tokens

The locking mechanism of CRV tokens in Convex is a key part of the process to boost the yield of Curve liquidity providers. When users lock their CRV tokens in Convex, they receive cvxCRV tokens in return, representing their locked CRV and the associated voting power. This mechanism benefits both the user and the Convex ecosystem by providing additional rewards and increasing user influence within the platform, while also contributing to providing liquidity for Curve Finance.