Convex FPIS Migration Live on Frax Finance Mainnet Fraxtal

🔥 Migration Live, Rewards Await!

By Convex Finance
May 16, 2024, 6:59 PM
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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.​

Sources

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.

Frax Finance ¤⛓️¤
Frax Finance ¤⛓️¤
@fraxfinance

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!

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