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WEB3 3.0 WINNER
Convex Finance
Convex Finance is a boosted yield optimizer for Curve Finance's CRV tokens.
What
is
Convex Finance
Convex Finance is a platform for CRV holders and liquidity providers to boost or enhance their rewards percentage by achieving [https://phemex.com/academy/yield-farming-vs-staking-vs-liquidity-mining]liquidity mining en masse. It is built on top of Curve Finance and allows Curve Liquidity providers to enhance their CRV rewards without having to lock their own CRV tokens. CVX is the native currency of the Convex platform and it can be minted pro rata for each CRV token claimed on Convex Finance by the liquidity providers of Curve.
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