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  3. /Curve Wars
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defi

Curve Wars

The competition between DeFi protocols to accumulate voting power on Curve Finance to direct token emissions to their pools.

Definition

The competition between DeFi protocols to accumulate voting power on Curve Finance to direct token emissions to their pools. Convex Finance became the biggest player by aggregating CRV tokens. It's a great example of how token governance creates real economic power in DeFi.

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Related Terms

Governance

The process of making decisions about a protocol's development and direction.

Liquidity Mining

Earning tokens by providing liquidity to a protocol.

DeFi (Decentralized Finance)

Financial services built on blockchain without traditional intermediaries.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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