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
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    • Airdrops From Other Platforms
    • Bug Bounties
    • Known Issues
  • Links
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On this page
  • 1. Navigate to the "Stake" tab. Ensure you are on the Frax portion of the website.
  • 2. Choose the LP token from the list you wish to stake on Convex.
  • 3. If it is your first time staking a particular LP token on Convex, you will be prompted to create a personal vault. Click the "Create personal vault..." button, and the transaction should appear in your wallet.
  • 4. After the personal vault is created, users can enter how many LP tokens they wish to stake and enter it into the field shown. Additionally, the user can select any time-lock duration using the slider.
  • 5. Press the "Approve" button, and the transaction should appear in your wallet. After confirmation, press the "Stake" button, and the transaction should appear in your wallet.
  • 6. After confirmation, individual locks will show as separate entries. Additional LP tokens may be added to existing locks using the "Add liquidity" button.

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  1. How-To Guides
  2. Using Convex Finance

Staking Frax LP Tokens

Staking LP tokens for use with Frax/Convex

PreviousConverting CRV + staking cvxCRVNextStaking CVX

Last updated 3 years ago

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Instructions for Frax LPs only, using the Frax portion of the website,

1. Navigate to the "Stake" tab. Ensure you are on the Frax portion of the website.

2. Choose the LP token from the list you wish to stake on Convex.

3. If it is your first time staking a particular LP token on Convex, you will be prompted to create a personal vault. Click the "Create personal vault..." button, and the transaction should appear in your wallet.

4. After the personal vault is created, users can enter how many LP tokens they wish to stake and enter it into the field shown. Additionally, the user can select any time-lock duration using the slider.

5. Press the "Approve" button, and the transaction should appear in your wallet. After confirmation, press the "Stake" button, and the transaction should appear in your wallet.

6. After confirmation, individual locks will show as separate entries. Additional LP tokens may be added to existing locks using the "Add liquidity" button.

Frax LPs are subject to time-locks; all pools require a minimum of 1 day locked. Most pools allow locks up to 3 years. Users can receive additional FXS earnings boost based on their lock duration as outlined in Convex veFXS socialized boosting is not affected by the time-lock duration the users selects.

Frax documentation.
frax.convexfinance.com
Approval transaction Confirmed
Deposit + Stake Complete
Add Liquidity Interface