yCRV is Yearn's veCRV wrapper designed to tokenize the different benefits of veCRV. yCRV serves as the base token, which carries no native rewards, but lets users easily enter into the other 'activated' tokens that do earn yield.
yCRV is a low-cap asset that represents the blockchain`s native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Curve and Yearn, which are protocols rated as Good and Watch out, respectively.
yCRV has a fixed supply. CRV is highly coveted asset as holders can decide which pools in Curve receive incentives and thus direct liquidity for specific pools.
yCRV is highly correlated to the overall market.