Convex FPIS Migration Live on Frax Finance Mainnet Fraxtal
Convex FPIS Migration Live on Frax Finance Mainnet Fraxtal
馃敟 Migration Live, Rewards Await!

Convex Finance has announced the live migration of cvxFPIS and naked FPIS tokens to cvxFXS on the Frax Finance mainnet Fraxtal. Users can bridge their cvxFPIS or FPIS tokens using the official Frax Bridge, then deposit them into the migration contract to instantly receive cvxFXS at a 1:3 ratio. The new cvxFXS tokens can be staked for FXS rewards on Fraxtal. Convex Finance has provided a blog post with more details on the Convex for Frax integration, including the upcoming FXTL point airdrops and the cvxFPIS to FXS merger.
Convex for @fraxfinance : Road to Singularity Update. Launch of cvxFXS conversion & staking on Fraxtal, $FXTL point airdrops & cvxFPIS to FXS merger and more. Take advantage on latest & greatest of Frax with @ConvexFinance Read more at Convex blog 馃憞convexfinance.medium.com/cf4240d9114e
The 2nd wave of $FXTL points is coming for veFXS stakers! Holders/stakers of cvxFXS (1:1) and cvxFPIS (1:3) will be eligible for with their respective weights. A snapshot will be taken on April 17 at 11:59 UTC. Get your cvxFXS/cvxFPIS now and take part in the drop.
Lastly, to give the community additional time to stake veFXS on Fraxtal, the 2nd snapshot date for $FXTL points will be moved to 11:59 UTC on April 17th. Stay tuned for another thread going in depth on the Fraxtal portion of the new roadmap & welcome to the Singularity Era!
Convex FPIS migration is live on @fraxfinance mainnet Fraxtal! Bring your $cvxFPIS or naked $FPIS to frax.convexfinance.com/stake, convert into $cvxFXS, and stake it for $FXS rewards on Fraxtal! How? Lets walk through..
Convex Website Restored After Curve Domain Resolution
Convex's website has returned to full functionality following Curve Finance's successful migration to [Curve.finance](http://curve.finance). The restoration comes after a period of disruption caused by an attack on Curve's domain name that impacted Convex's operations. Key points: - Convex relies on Curve's data for website functionality - Service interruption occurred due to Curve domain attack - Full service restored after Curve's domain migration - **Security Warning**: Users advised to avoid clicking links in tweet replies Stay vigilant against potential phishing attempts targeting Convex and Curve users.
Convex and Yearn Launch Resupply Protocol with Yield-Bearing Stablecoin reUSD
**Resupply**, a new stablecoin protocol from Convex and Yearn, introduces $reUSD - a stablecoin backed by yield-bearing stablecoins. Key features: - Collateral earns yield while borrowing - Borrow rates set at half the lending rate - Multiple reward streams: $RSUP, $CRV, and $CVX - Peg maintained through redemption mechanism Users can: - Supply to insurance pool - Provide liquidity on Curve - Use for yield farming - Stake $RSUP for governance rights $PRISMA, $cvxPRISMA, and $yPRISMA holders can convert to vesting $RSUP.
Convex Finance Issues Security Warning About Phishing Links
Convex Finance has issued multiple security alerts warning users about potential phishing attempts: - All official communications will **not** include any links after their tweets - Any links appearing below their tweets that appear to be from Convex are **spam, fake, or phishing attempts** - Users are advised to exercise caution and avoid clicking suspicious links Recent announcements from Convex include: - A new initiative called Resupply - Collaboration with Votium Protocol - Multiple calls for community voting participation *Stay vigilant and verify all sources before clicking any links.*
Convex Finance Announces f(x) 2.0 Whitepaper
Convex Finance has announced the release of their f(x) 2.0 whitepaper. The team emphasizes security awareness: - No official links will be posted on their Twitter feed - Users should be cautious of potential phishing attempts - Any links appearing below their tweets should be treated as suspicious **Security Notice**: All links claiming to be from Convex in tweet responses should be considered spam or phishing attempts.
Protocol f(x) 2.0 White Paper Announcement
Protocol f(x) has announced the upcoming release of their 2.0 white paper. This technical document will outline the next evolution of the protocol's architecture and features. Key dates: - Initial announcement: September 26, 2024 - Expected release: November 4, 2024 The team emphasizes the importance of community members reviewing the document thoroughly upon release to understand the protocol's new direction.