Tokenized deposits, minted 1:1 for each CRV locked in the platform.
Stake to receive platform fees(CRV), CVX, and veCRV rewards(3Crv).
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
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