What Is It?
A platform on Ethereum that allows CRV stakers and liquidity providers to receive boosted rewards without locking up CRV.
About Convex Finance
Convex is a platform that allows Curve.fi liquidity providers to earn boosted CRV rewards without locking CRV themselves. In addition, users can stake CRV on Convex to earn a share of boosted CRV received by liquidity providers on top of trading fees.
Launched in May 2021, Convex has the third-largest Total Value Locked (TVL) on Ethereum at ~$12.2b as of 14 April 2022. This represents 10.3% of the entire network’s TVL.
Tokens and Tokenomics
Supply and Distribution
- Convex Finance Documentation – https://docs.convexfinance.com/convexfinance/
- Governance – https://vote.convexfinance.com/#/
- CVX token address – 0x4e3FBD56CD56c3e72c1403e103b45Db9da5B9D2B
- cvxCRV token address – 0x62B9c7356A2Dc64a1969e19C23e4f579F9810Aa7
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