Convex Finance Staking
Reward Rate
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Staking Ratio
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Staking Mktcap
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Price
$1.85
▼ 18.50%
Total Staked
-
Inflation
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What is Convex Finance Staking?
Convex is a protocol that simplifies Curve boosting experience in order to maximize yields. Convex allows Curve liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves. Liquidity providers can receive boosted CRV and liquidity mining rewards with minimal effort.
If you would like to stake CRV, Convex lets users receive trading fees as well as a share of boosted CRV received by liquidity providers. This allows for a better balance between liquidity providers and CRV stakers as well as better capital efficiency.
Curve liquidity providers can deposit their LP tokens into Convex to maximize their CRV earnings with a more efficient boost.
Curve DAO token stakers will be able to earn additional boosted CRV and CVX tokens through the protocol.
Key Staking Facts
Verified Providers0
ConsensusProof of Stake
Active Validators-
Stakers-
Benchmark Commission-
Daily Volume-
Learn about Convex Finance Staking
1. Navigate to the “Stake” tab at the top of the page.
2. Scroll down to the “Stake your CVX to earn cvxCRV” section of the page.
3. Enter the quantity of CVX tokens you would like to stake. If it is your first time staking CVX, you will have to approve your tokens for use with the contract by pressing the “Approve” button. After that transaction has confirmed, you can press the “Deposit and Stake” button to deposit your CVX tokens to Convex.
4. Users can unstake and withdraw their CVX tokens at any time using the “Withdraw” tab.
There is a 17% total fee on all CRV revenue generated by Curve LP’s on our platform.
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10% goes to cvxCRV stakers. This is paid out as CRV
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5% goes to CVX stakers, which includes vote-locked CVX. This is paid out as cvxCRV.
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1% goes exclusively to vote-locked CVX. This is paid out as cvxCRV.
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1% goes to the harvest caller. This is paid out as CRV.
The Staking Rewards vary between 1.5 – 4 % per year.
Convex Finance has been built with safety and security in mind. However, there are inherent risks when interacting with any decentralized-finance smart contracts. The team has vigorously reviewed it’s smart contracts, and also pursued external auditors to identify potential vulnerabilities in the platform prior to launch.
Even so, the possibility of losing some or all of your funds is non-zero. Please exercise caution and work within your own risk framework when it comes to interacting with the platform.
Please see the Audits page for information on the external security audit with MixBytes. As well as review tests made via mainnet forking on the GitHub repository.
As well as Convex Finance specific risks, users are also beholden to any risks that pertain to the Curve.fi platform, as we integrate directly with them. Please also review their documentation and risk explanations before interfacing with either platform.
Convex allows Curve.fi liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves. Liquidity providers can receive boosted CRV and liquidity mining rewards with minimal effort.
If you would like to stake CRV, Convex lets users receive trading fees as well as a share of boosted CRV received by liquidity providers. This allows for a better balance between liquidity providers and CRV stakers as well as better capital efficiency.
Convex has no withdrawal fees and minimal performance fees which is used to pay for gas and distributed to CVX stakers.
CRV stakers and liquidity providers also receive liquidity mining rewards in the form of CVX.
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