51.40 million CRVs have been locked up in the past four days, accounting for about a third of total CRV issuance in 2024. These lock-ups also affected the ratio of veCRV to CVX, which rose from 5.5 in June to 6.44 today. If the anchor price of cvxCRV remains stable and new veCRVs continue to flow into the Convex platform, expect more positive effects.