# Convex for Frax Finance Convex Finance originally started out with the goal of optimizing and expanding opportunities for users of Curve.fi. Going forward, expansion into other protocols will allow further growth and opportunities for the protocol and **CVX** holders. [Frax Finance](https://frax.finance/) has adopted a similar token-locking model for it's governance token, **FXS**. Convex Finance has expanded to optimize opportunities for liquidity providers on Frax the same way it has done so for Curve.fi LPs. Convex used to support Frax Finance's **FPIS** token, the governance token for the **FPI** stablecoin launched by Frax. Frax [documentation](https://docs.frax.finance/frax-price-index/overview-cpi-peg-and-mechanics) explains the mechanisms behind the **FPI** stablecoin and the **FPIS** governance token in more detail. However, Frax has voted to merge **FXS** with **FPIS** governance tokens, and Convex has since sunsetted **cvxFPIS** and will be converting its **FPIS** to **veFXS**. **Convex Finance will support the migration of both FPIS and cvxFPIS to cvxFXS at a 3 to 1 ratio**. See more details about this in the [FPIS to FXS Migration section](https://docs.convexfinance.com/convexfinance/general-information/convex-for-frax-finance/fpis-to-fxs-migration). --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.convexfinance.com/convexfinance/general-information/convex-for-frax-finance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.