Convex Finance (CVX) Price
CVX
$2.46
Market cap
201,495,358.0
Total volume
3,976,524
Circulating supply
81,990,703
Total supply
99,573,418
For those inclined to stake CRV, Convex offers a pathway to not only earn trading fees but also to share in the amplified CRV rewards distributed to liquidity providers. This structure fosters a more equitable distribution between liquidity providers and CRV stakers, leading to improved capital utilization.
By depositing LP tokens into Convex, Curve liquidity providers can elevate their CRV returns through an optimized boosting mechanism.
Additionally, stakers of Curve DAO tokens will have the opportunity to secure extra boosted CRV and CVX tokens via the platform.
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05/02/2024
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