blockchain: News of Convex Finance (CVX) - June 2024 Price Update - 9.17% Breakout Crypto News and Analysis

Spot the Main Event:

As the DeFi landscape evolves, Convex Finance remains at the forefront, embracing changes that enhance our community’s DeFi experience. In partnership with the innovative Frax team, they are excited to integrate new developments from the rapidly expanding Frax Ecosystem into our offerings, including staking on the newly launched Fraxtal blockchain and the introduction of $FXTL points.

Trade hard. Joy is coming

Spot the Main Event:

Frax Finance is undergoing a transformative integration with the launch of its own blockchain, Fraxtal, and the merger of $FPIS into $FXS. This strategic move is designed to streamline operations and consolidate token functionality, paving the way for more robust governance mechanisms and improved economic efficiencies within the ecosystem. These changes are part of the broader Frax Singularity Roadmap, aiming to significantly enhance the protocol’s infrastructure and scalability.

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