Convex Finance protocol
Overview
Convex Finance is a yield optimization protocol for Curve Finance on Ethereum. It allows liquidity providers to earn boosted CRV and CVX rewards by depositing Curve LP tokens, and enables CRV holders to stake their tokens for trading fees and CVX rewards. Convex simplifies earning and governance participation within the Curve ecosystem.
Within the DeFi Intel graph, Convex Finance connects to 5 tracked entities, most strongly to Votium, vlCVX, Curve Finance.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
redirects_emissions_via | Votium | 95% |
supports_token | vlCVX | 95% |
integrates | Curve Finance | 90% |
boosts_for | Curve Finance | 85% |
governs | CVX | 85% |
Frequently asked questions
What is Convex Finance?
Convex Finance is a non-custodial platform that boosts rewards for Curve Finance liquidity providers and allows CRV stakers to earn trading fees and CVX rewards.
How does Convex boost yields for Curve LPs?
Convex aggregates multiple Curve LP positions and deposits them into its own staking contracts, which generate boosted CRV rewards from Curve's system, plus additional CVX tokens.
What is the role of the CVX token in Convex Finance?
CVX is the native governance token of Convex Finance, used to vote on proposals and reward distribution, and is earned by staking Curve LP tokens or CRV on the platform.
What is Convex Finance connected to?
In the DeFi Intel knowledge graph, Convex Finance is linked to 5 other tracked entities, most strongly to Votium, vlCVX, Curve Finance.
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