ConvexFinance
  • Welcome to Convex Finance
  • General Information
    • Convex for Curve.fi
      • Convex for CRV Stakers
      • Convex for Curve Liquidity Providers
      • Understanding cvxCRV
      • Voting and Gauge Weights
    • Convex for Frax Finance
      • Understanding cvxFXS
      • Understanding cvxFPIS
      • FPIS to FXS Migration
      • Convex for Frax Liquidity Providers
      • Voting and Gauge Weights
    • Convex for Prisma Finance
      • Understanding cvxPRISMA
      • Convex for PRISMA Boosts
      • Emission Votes and Gauge Weights
    • Convex for FX Protocol
      • Understanding cvxFXN
      • Voting and Governance
    • Tokenomics
    • Understanding CVX
      • Vote Locking
      • Vote Delegation
  • How-To Guides
    • Using Convex Finance
      • Staking Curve LP Tokens
      • Converting CRV + staking cvxCRV
      • Staking Frax LP Tokens
      • Staking CVX
      • Vote Locking CVX
    • Claiming Rewards
    • Claiming your Airdrop
  • FAQ
    • Platform Rewards: Current vs Projected APR
    • Contract Addresses
    • Fees
    • Risks
    • Audits
    • Convex Treasury
    • Multisig Admin Rights
    • Airdrops From Other Platforms
    • Bug Bounties
    • Known Issues
  • Links
  • Convex Finance
  • Blog
  • Github
  • Twitter
  • Curve.fi
  • Integration Docs
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On this page
  • Convex Finance Fee Structure
  • Curve Finance
  • Frax Finance
  • Fee Ranges

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  1. FAQ

Fees

Convex Finance Fee Structure

Curve Finance

There is a 17% total fee on all CRV revenue generated by Curve LP's on the platform.

  • 10% goes to cvxCRV stakers. This is paid out as CRV.

  • 4.5% goes to CVX stakers. This is paid out as cvxCRV.

  • 2% goes to treasury, which goes to treasury as CRV.

  • 0.5% goes to the harvest caller. This is paid out as CRV.

Notes

  • Fees are taken only from CRV revenue; no fees are taken from tokens from incentivized Curve pools, nor from veCRV admin fees

  • Fees paid as cvxCRV remain CRV tokens while sitting in the rewards contract, until users claim their rewards individually. At the moment the user claims, the CRV tokens are locked in Convex Finance as veCRV; cvxCRV is minted 1:1, and then paid out to the user.

Frax Finance

There is a 20% total fee on all FXS revenue generated by Frax LP's on the platform.

  • 10% of all FXS earnings will be distributed to cvxFXS LPs as FXS

  • 5% of all FXS earnings will be distributed to vlCVX holders, as FXS

  • 5% goes to treasury.

Notes

  • Fees paid as cvxFXS remain FXS tokens while sitting in the rewards contract, until users claim their rewards individually. At the moment the user claims, the FXS tokens are locked in Convex Finance as veFXS; cvxFXS is minted 1:1, and then paid out to the user.

FX Protocol

75% of all FX Protocol revenue is distributed to cvxFXN stakers. Convex retains 25% of veFXN fees which goes to the treasury.

There is a 17% total fee on all revenue generated by FXN boosted LP's on the platform.

  • 8.5% goes to cvxFXN stakers

  • 8.5% goes to the treasury

Notes

  • For FXN, Convex fees are derived from the base fee earnings on veFXN.

Fee Ranges

Fees can be adjusted between hard-coded ranges.

Curve Fee Parameter Ranges

  • 0-2% for "treasury" fees. (This is an arbitrary address that can be used for various functions, thus the low limit of 2%)

  • 0.1 - 1.0% for "caller" fees. Gas reimbursement for calling gas heavy functions to harvest and distribute rewards.

There is an absolute fee ceiling of 20%

Frax Fee Parameter Ranges

  • 0-20% for cvxFXS/FXS LP staker rewards

  • 0-20% for cvxFXS to vlCVX

  • 0-20% for platform fees

  • 0-1% for harvest caller.

There is an absolute fee ceiling of 20%.

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Last updated 9 months ago

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10-15% for stakers rewards

3-6% for staker rewards

cvxCRV
CVX