Tokenomics

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Tokenomics

cvxCRV (Tokenized veCRV)
Tokenized deposits, minted 1:1 for each CRV locked in the platform.
Stake to receive platform fees(CRV), CVX, and veCRV rewards(3Crv).
cvxFXS (Tokenized veFXS)
Tokenized deposits, minted 1:1 for each FXS locked in the platform.
Stake cvxFXS / FXS LP tokens to receive platform fees (FXS). 
Convex Token (CVX)
Stake to receive a share of platform fees as cvxCRV.
In the future, CVX will be used for voting, such as gauge weights.
CVX is minted pro-rata for each CRV token claimed by Curve LP's on Convex. 
CVX / CRV mint ratio reduces every 100k CVX
CVX Mint formula/code here​
Distribution
Max Supply: 100 million
50% Curve LP rewards
Rewarded pro-rata for CRV received on Convex
25% Liquidity mining
Distributed over 4 years. (Incentive programs, currently CVX/ETH and cvxCRV/CRV)
9.7% Treasury
Vested over 1 year. Used for future incentives or other community driven activities
1% veCRV holders
Instantly claimable airdrop
1% veCRV holders who vote to whitelist Convex
Instantly claimable airdrop
3.3% Investors
Vested over 1 year. 100% of investment funds used to pre-seed boost and locked forever(no cvxCRV minted).
10% Convex Team
Vested over 1 year
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Voting and Gauge Weights

Next - General Information

Understanding CVX

Last modified 3mo ago

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cvxCRV (Tokenized veCRV)

cvxFXS (Tokenized veFXS)

Convex Token (CVX)

Distribution