How It Works
Last updated
Last updated
Crust Finance mechanics embody a combination of DeFi concepts, including Vote-Escrow introduced by Curve to incentivize long-term token holders, and Staking/Rebasing/Bonding or (3,3) game theory, designed by Olympus DAO to align incentives.
The resulting ve(3,3) mechanism rewards behaviors that support Crust's success, such as liquidity provisioning and long-term token holding.
Liquidity providers are rewarded with $oCRST emissions, while locked $veCRST holders receive protocol fees, bribes, veCRST rebases, and governance power.