XBcvxCRV
Last updated
Last updated
The XBcvxCRV vault will be the first Hive vault, and one of the core vaults when expanding into additional product offerings.
XB3's view is Curve Finance and the CRV token are the backbone of DeFi, and we aim to take this a leap further by reshaping the way retail and institutions interact with CRV (and/or its equivalents). We also aim to reshape the way DeFi interacts with Curve liquidity and explore these opportunistic avenues. The current XBcvxCRV vault allows for users to deposit $CRV/$cvxCRV tokens or Curve cvxCRV LP. The vault then produces a CCCVLP token (Curve cvxCRV Vault LP Token) token which you, as the depositor, now hold in your wallet. These CCCVLP tokens allow you to earn $CRV, $CVX and $XB3 just by holding them. These tokens can be fractionalized, sent to other wallets and even traded.
More information on this will be released in future!
