Convex (cvxCRV)
Convert CRV to cvxCRV and stake it in one transaction, earning a share of Convex's boosted Curve rewards (CRV, CVX, and crvUSD). This conversion is one-way — cvxCRV cannot be converted back to CRV, only traded or unstaked as cvxCRV.
Convert CRV to cvxCRV and stake it in one transaction, earning a share of Convex's boosted Curve rewards (CRV, CVX, and crvUSD). This conversion is one-way — cvxCRV cannot be converted back to CRV, only traded or unstaked as cvxCRV.
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You convert CRV into cvxCRV and stake it in Convex's rewards pool. Convex aggregates Curve voting power and passes boosted CRV, CVX, and crvUSD rewards back to stakers — higher yield than staking CRV alone.
Convex cracked the Curve boost game: instead of locking CRV for years yourself, you convert once and ride Convex's pooled voting power for outsized rewards.
Unstake returns cvxCRV (not CRV). To exit fully, trade cvxCRV on a DEX or hold.
Not investment advice. Yield is not insured or guaranteed. Capital is at risk. You sign every transaction from your own wallet.