Great detailed read! "Curve introduced a voting system (Section 2) where users’ voting power depends on both the number of tokens they hold and the time they lock tokens (vote-escrowed model with veCRV token) (Section 2.1). veCRV holders, in exchange, receive multiple incentives which encourages them to not sell tokens and participate in Curve DAO for long-term (Section 2.2). This is also the way Curve maintains the stabilization of CRV token (Section 2.3). Special CRV token also creates a new market for projects to make profit from this mechanism. By bringing CRV holder’s economic incentives, these projects receive these users’ voting power, influencing how Curve’s weekly $CRV emissions are distributed across pools. This competition between protocols to dominate Curve’s voting power is called “Curve Wars” (Section 3)."

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