Everything about CVX (Convex Finance) cryptocurrency :
Convex Finance
Convex allows Curve.fi liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves.
1. Project introduction
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. For liquidity providers, they can earn CRV with a better boost. They can deposit their Curve LP tokens to earn Curve trading fees, boosted CRV and CVX tokens. Boost（additional streams for interest earning.） is pooled from CRV stakers so users do not need to worry about locking themselves.
CRV stakers can convert CRV into cvxCRV and staking it on the platform. They can earn CVX reward, curve trading feed, airdrops and a share of 10% of the platform's total CRV earnings.
2. Investment institution
Convex Finance was developed by a team of anonymous developers.
3. Application and distribution
Total supply: 100 million
Token application:
(1) Stake to receive a share of platform fees as cvxCRV.
(2) In the future, CVX will be used for voting, such as gauge weights.
Token distribution:
Curve LP(liquidity provider) rewards: 50%
Liquidity mining: 25%
Treasury: 9.7%
veCRV holders: 1%
veCRV holders who vote to whitelist Convex: 1%
Investors: 3.3%
Convex Team: 10%
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