Convex Finance

Convex Finance has announced that $vlCVX Claims are now accessible on their platform. Users can now claim their $vlCVX rewards. Good news for all llama enthusiasts!

In a new phase of partnership with @protocol_fx, ConvexFinance is integrating liquidity gauges for boosted staking. Liquidity depositors of @protocol_fx can now enjoy boosted staking on ConvexFinance, leading to maximum boosted rewards. Bi-weekly gauge weight votes by vlCVX holders will influence the partnership. For more details, refer to the blog post.

Convex Finance announced the opening of $fxUSD genesis vaults for users to deposit $ETH and stablecoins.

Convex Finance reminds that Curve has been distributing 100% of DAO profits to CRV stakers since 2020, totaling 130M USD so far. In addition to veCRV lock, staking can be done in forms like cvxCRV at Convex Finance, sdCRV at StakeDAOHQ, yCrv at yearnfi, and asdCRV at 0xconcentrator to earn these profits.

Convex Finance has announced the beginning of the race to mint fxUSD in partnership with Lido Finance and Frax Finance. A seeding event will kick off the launch next week.

Convex Finance announced a revamped UI where users can check token details like total supply, historical price, market cap, and backing. The launch of $fxUSD is pending. Additionally, there are only 500ETH left before reaching the cap, so users are encouraged to act soon.

Convex Finance has successfully locked 10m vePRISMA in less than 3 months. Users are encouraged to stake their vePRISMA to earn rewards. Caution is advised against clicking on any links under this tweet.

Starting from 2023-12-21, $PRISMA boost fees and PrismaFi platform fees are now being directed to cvxPRISMA. Users can stake their cvxPRISMA to take advantage of this change.

vlCVX claims have seen an increase on Votium Protocol. Similar to CRV, PrismaFi Gauge Votes will occur every two weeks to direct two weeks of emissions.

As of November 23, 2023, fees from @protocol_fx in the form of $wsteth are now being directed to $cvxFXN.