• Convex Finance, a platform built to boost rewards for CRV stakers and liquidity providers alike, all in a simple and easy to use interface.
  • Liquidity providers earn trading fees and claim boosted CRV without locking CRV themselves.
  • Convex has no deposit or withdrawal fees, and a low performance fee, which is distributed to CRV stakers and CVX token holders.
  • Here’s what you can do with Convex Finance:
    • If you are a Curve liquidity provider:
      • Deposit Curve LP tokens to the Convex system; they are automatically staked in the curve gauge with boosted reward rates.
      • Gain CRV rewards, as well as extra incentive tokens (ex. SNX, PNT, BOR, LDO, etc)
      • Rewards are periodically claimed from the gauge and moved to a synthetix inspired reward contract, with rewards tail emission of seven days.
      • Receive the Convex platform’s native token(CVX) pro rata for each CRV you receive.
      • Add or remove liquidity at any time with no deposit or withdrawal fees.
    • If you are a CRV staker:
      • Deposit CRV in the platform. This CRV is locked forever. Receive cvxCRV token.
      • Deposit cvxCRV in the reward contract. (can be withdrawn at anytime)
      • Receive a share of boosted CRV.
      • All normal veCRV rewards (trading fees on Curve) are also distributed.
      • Can exchange cvxCRV for CRV at any time using the incentivized cvxCRV/CRV liquidity pool.
      • Receive the Convex platform’s native token (CVX) pro rata for each CRV you receive.
    • If you are a CVX staker:
      • Deposit CVX on the platform. (can be withdrawn at anytime)
      • Receive a portion of the platform fees in cvxCRV
  • Convex Finance Launch Airdrop
    • Convex Finance will airdrop a portion of CVX tokens to all current veCRV holders. Additionally, all addresses that vote to whitelist Convex in a subsequent Curve.fi governance vote will receive additional CVX tokens.
  • Incentivized Liquidity Mining
    • In order to bootstrap liquidity for both CVX and cxvCRV tokens, liquidity providers for the following Sushiswap pools will be able to deposit their LP tokens on Convex, and receive CVX tokens as rewards.
      • cvxCRV/CRV
      • CVX/ETH
  • Tokenomics
    • cvxCRV (Tokenized veCRV)
      • Tokenized deposits, minted 1:1 for each CRV locked in the platform.
      • Stake to receive platform fees(CRV), CVX, and veCRV rewards(3Crv).
    • Convex Token (CVX)
      • Distribution
        • Max Supply: 100 million
        • 50% Curve LP rewards
          • Rewarded pro-rata for CRV received on Convex
        • 25% Liquidity mining
          • Distributed over 4 years. Incentives for CVX/ETH and cvxCRV/CRV pools
        • 9.7% Treasury
          • Vested over 1 year. Used for future incentives or other community driven activities
        • 1% VeCrv holders
          • Instantly claimable airdrop
        • 1% VeCrv holders who vote to whitelist Convex
          • Instantly claimable airdrop
        • 3.3% Investors
          • Vested over 1 year. 100% of investment funds used to pre-seed boost and locked forever(no cvxCRV minted).
        • 10% Convex Team
          • Vested over 1 year