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

Cute, funny and a little bit crazy!!!

Explore the Core.

Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars. Convex has entered a competitive race to obtain as much control as possible of the Curve Finance stablecoin exchange. The more CRV tokens a protocol has, the more influence it has over interest rates on Curve, which is the largest DEX in the world by TVL. Consequently, the “Curve wars” are an ongoing race for influence over what is probably the most important protocol in DeFi.

Explore the Core.

Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars.

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

Explore the Core.

Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.