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![CredibleCrypto Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::944746889194364928.png) CrediBULL Crypto [@CredibleCrypto](/creator/twitter/CredibleCrypto) on x 473.1K followers
Created: 2024-08-08 17:27:14 UTC

Fun fact:

Not only does @convexfinance control over XX% of all vote locked $CRV, they also control XX% of all vote locked $PRISMA, XX% of all voted locked $FXS, and XX% of all vote locked $FXN.

Having control of all these locked tokens gives @ConvexFinance governance power in all X protocols.

Governance power can be used to direct future protocol emissions. With the amount of governance power stated above, that's about $25M of emissions annually (at current prices and emission rates). 

So how do you benefit as a $CVX holder?

As a $CVX holder, you can lock your tokens (in X month increments) to give you the power to decide where a portion of that $25M of emissions goes, and that power is worth something (approximately XX% APR at this time).

![](https://pbs.twimg.com/media/GUeY3r8WoAAQjr0.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1821599062065607122/c:line.svg)

**Related Topics**
[protocol](/topic/protocol)
[governance](/topic/governance)
[$fxn](/topic/$fxn)
[convexfinance](/topic/convexfinance)
[$crv](/topic/$crv)
[coins defi](/topic/coins-defi)
[coins exchange tokens](/topic/coins-exchange-tokens)
[coins dao](/topic/coins-dao)

[Post Link](https://x.com/CredibleCrypto/status/1821599062065607122)