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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  • CVX is the native platform token for Convex Finance.
  • Vote Locking CVX
  • Obtaining CVX tokens

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  1. General Information

Understanding CVX

CVX token, and how it fits in the Convex platform

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Last updated 9 months ago

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CVX is the native platform token for Convex Finance.

  • CVX can be staked on Convex Finance to earn a share of Curve and Frax LP's CRV and FXS earnings.

  • Platform fees (CRV, FXS) that would be returned to CVX stakers are first locked as veCRV and veFXS, respectively, and tokenized as cvxCRV and cvxFXS before being given to CVX stakers.

  • Vote-locked CVX tokens receive additional fees from Frax Finance LPs.

Vote Locking CVX

Obtaining CVX tokens

  • CVX is rewarded to CRV stakers and Curve.fi liquidity pools pro-rata to CRV generated by the platform. If you are in a high CRV rewards liquidity pool you will receive more CVX for your efforts.

  • CVX tokens were airdropped at launch to some curve users. See Claiming your Airdrop to see if you have claimable tokens from launch.

Vote-locked CVX is used for voting on how Convex Finance allocates it's veCRV and veFXS towards gauge weight votes and other proposals. Users must vote-lock their CVX tokens in order to participate. Vote locking requires users to time-lock their CVX tokens for 16+ weeks. Full details on the vote locking mechanism can be found on the the page.

You can from various dex'es across the ecosystem.

Vote Locking
Vote Locking
buy CVX