About Convex Finance

Convex is a decentralized finance protocol designed to enhance the yield generation capabilities of Curve liquidity providers. By utilizing Convex, users can earn trading fees and receive boosted CRV rewards without the necessity of locking their CRV tokens. This streamlined process allows liquidity providers to optimize their earnings with minimal operational complexity, thus improving their overall capital efficiency. Additionally, Convex offers a mechanism for CRV stakers to benefit from the trading fees and boosted CRV distributed to liquidity providers. This creates a more equitable relationship between liquidity providers and stakers, fostering a balanced ecosystem. Users can deposit their liquidity provider tokens into Convex to further amplify their CRV earnings, while Curve DAO token stakers can also earn additional rewards in the form of boosted CRV and CVX tokens through their participation in the protocol.