Convex Finance protocol
Overview
Convex Finance operates as a yield enhancement platform built on top of Curve Finance, deployed on the Ethereum blockchain. Users who supply Curve LP tokens can receive increased rewards in both CRV and CVX. Holders of CRV tokens are able to stake them to collect trading fees and CVX incentives. The protocol streamlines the process of generating returns and engaging in governance activities inside the Curve environment.
Within The Counterparty graph, Convex Finance connects to 8 tracked entities, most strongly to Votium, vlCVX, Curve Finance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 8 of 8 total).
| Relation | Connected entity | Confidence |
|---|---|---|
redirects_emissions_via | Votium | 95% |
supports_token | vlCVX | 95% |
integrates | Curve Finance | 90% |
boosts_for | Pirex | 90% |
boosts_for | Curve Finance | 85% |
governs | CVX | 85% |
boosts_for | Aladdin DAO | 85% |
forked_from | Aura Finance | 80% |
Questions on the record
What does Convex do for Curve LPs?
Convex aggregates user deposits, allowing them to receive boosted Curve rewards without needing to lock CRX individually for veCRV.