> For the complete documentation index, see [llms.txt](https://docs.convexfinance.com/convexfinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.convexfinance.com/convexfinance/general-information/tokenomics.md).

# Tokenomics

## cvxCRV (Tokenized veCRV) <a href="#ede8" id="ede8"></a>

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

## cvxFXS (Tokenized veFXS)

* Tokenized deposits, minted 1:1 for each **FXS** locked in the platform.
* Stake to receive platform fees (**FXS**).&#x20;

## cvxFPIS (Tokenized veFPIS) - (Sunsetted)

* Tokenized deposits, minted 1:1 for each **FPIS** locked in the platform.

## cvxFXN (Tokenized veFXN)

* Tokenized deposits, minted 1:1 for each **FXN** locked in the platform.
* Stake to receive platform fees (**wstETH**, **FXN**).&#x20;

## cvxPrisma (Tokenized vePrisma)

* Tokenized deposits, minted 1:1 for each **Prisma** locked in the platform.
* Stake to receive platform fees (**mkUSD**, **Prisma**).&#x20;

## Convex Token (CVX) <a href="#fb3b" id="fb3b"></a>

* Stake to receive a share of platform fees as **cvxCRV**.
* **CVX** is used for voting on proposals, such as gauge weights or protocol changes.
* **CVX** is minted pro-rata for each **CRV** token claimed by Curve LP's on Convex.&#x20;
  * **CVX** / **CRV** mint ratio reduces every 100k **CVX**
  * **CVX** Mint formula/code [here](https://docs.convexfinance.com/convexfinanceintegration/cvx-minting)

![](/files/-MbbBcDAVBmiSfR6VXde)

### Distribution <a href="#id-3f68" id="id-3f68"></a>

* Max Supply: 100 million
* 50% Curve LP rewards\
  \&#xNAN;*Rewarded pro-rata for CRV received on Convex*
* 25% Liquidity mining\
  \&#xNAN;*Distributed over 4 years. (Incentive programs, currently CVX/ETH and cvxCRV/CRV)*
* 9.7% Treasury\
  \&#xNAN;*Vested over 1 year. Used for future incentives or other community driven activities*
* 1% veCRV holders\
  \&#xNAN;*Instantly claimable airdrop*
* 1% veCRV holders who vote to whitelist Convex\
  \&#xNAN;*Instantly claimable airdrop*
* 3.3% Investors\
  \&#xNAN;*Vested over 1 year. 100% of investment funds used to pre-seed boost and locked forever(no cvxCRV minted).*
* 10% Convex Team\
  \&#xNAN;*Vested over 1 year*

![](/files/-MZX6IZVib5p7SXjLwxp)


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