Decentralized, reliable price data is mission-critical for
#DeFi
composability.
Integrate the CVX/USD
#Chainlink
Price Feed on
#Ethereum
to build markets around
@ConvexFinance
’s native token.
Investigation is still ongoing, but a quick update for the community:
- DNS for was hijacked, prompting users to approve malicious contracts for some interactions on the site.
- Funds on verified contracts are unaffected.
Convex Finance will begin providing $CVX incentives to veCRV holders through ,
beginning with 12K $CVX tokens per week to the $cvxCRV pool, with intent to expand incentives to other pools in the future.
I don't what's happening but be 100% certain you approve exactly 0xF403C135812408BFbE8713b5A23a04b3D48AAE31
if you used
@ConvexFinance
make sure you did not approve: 0xF403a2c10B0B9feF8f0d4F931df5d86aD187AE31
Introducing a new member of the Convex family: cvxPRISMA
cvxPRISMA will launch in sync with the locked PRISMA airdrop distribution process. ALL eligible locked $PRISMA in the airdrop will optionally be claimable as liquid $cvxPRISMA directly on Convex.
For this week's upcoming gauge weight vote, $CVX vote-lockers will be able to cast votes for the Curve pools on Avalanche, Arbitrum, Fantom, Harmony, Polygon, and xDAI. These pools will appear alongside the regular Ethereum pools that users can vote for.
Important update for vote-locked $CVX holders: the vote-locking contract has been re-deployed, and users will need to re-lock their $CVX tokens.
Full details in our latest medium post:
The new wrapper for $cvxCRV as outlined in the latest Medium post is now live! Existing $cvxCRV stakers are encouraged to un-stake and re-stake again at their convenience in order to receive additional $CVX incentives.
As announced in the latest Medium post, Convex has expanded its collaboration with
@fraxfinance
and added support for $FPIS in its locking/staking mechanism toolbox.
A proud part of the
@arbitrum
ecosystem, Convex is happy to announce it will receive 901,392 tokens from the Arbitrum Foundation.
Tokens will be sent to the Convex Treasury: 0x6111ABF720051309012FcdBc2910054E41dcFF8c
Through our collaboration with
@Llamanodes
, we have been able to provide our users with enhanced scalability and privacy. We're excited about the possibilities and looking forward to further expanding our initiatives with
@Llamanodes
.
Convex Finance teams up with LlamaNodes Premium 🦙
We’re thrilled to have
@ConvexFinance
on board - which boasts $2.1bn in locked assets.
With Premium, they see a 52% cost savings, 49.51% faster load times, enhanced privacy, and more.
Huge news!⚡️
Last week,
@ConvexFinance
crossed 75M $CRV locked and briefly hit the 6B marker for TVL!
Also last week:
@CurveFinance
officially turned 1, and with that, the first reduction in daily $CRV rewards for LP's!
Yearn 🚀 Convex
Yearn has delegated 23 million veCRV to
@ConvexFinance
using the new native boost delegation feature of
@CurveFinance
.
This will increase yields of factory pools for both our DAOs. This does not affect regular pools, fees or voting.
The first vote-locked $CVX will unlock in approximately 1 hour: Thursday, December 30 2021 UTC 00:00. A quick primer on what this means if you were an early vote-locker.
A new proposal regarding recent events surrounding Mochi Defi has been posted on Convex Finance Snapshot. A dedicated discussion channel in the Discord will be created for conversation around this proposal.
L2 voting tests are live on
@0xPolygonDeFi
zkEVM!
Next few weeks, we will be conducting gauge vote tests on our new on-chain voting platform. If you would like to join us in the tests and provide feedback, head to Polygon zkEVM and bridge some ETH!
In order to receive their portion of the upcoming $FPI airdrop from
@fraxfinance
, $cvxFXS holders must hold the tokens in their wallets.
Tokens in liquidity pools or any other contracts during the snapshot period will not be counted.
The $FPIS airdrop from
@fraxfinance
is now claimable on for users who held $cvxFXS during the snapshot in February.
Claims are accessible under the "Airdrops" section.
$FPIS claims are live 🚀 Total of 10m of 100m supply is claimable for participants! $FPI stablecoins are also mintable 🚀
Airdrop recipients through
@ConvexFinance
will receive their tokens when cvxFXS claims are live👌
Full info:
$cvxFXS / $FXS factory pool is live:
Liquidity provider incentives will follow soon in the form of $CVX and $FXS tokens.
Additionally, the gauge vote for the $cvxFXS / $FXS pool is live!
Incentives on the Sushiswap CVX/ETH pool have concluded.
LPs interested in receiving further $CVX incentives should migrate liquidity to the Curve pool.
$CVX incentives for CVX/ETH LPs are now directed at the new Curve pool.
Incentives will dissipate for LPs remaining in the Sushiswap pool over the coming days. LPs are encouraged to migrate to the Curve pool at their convenience.
4 new pools live on
- iq
- pitchfxs
- syn
- fraxbp
Additionally, Fraxbp metapools coming soon!
Reminder: For pools with a gauge on both Curve and Frax, Convex will apply veCRV AND veFXS weight to those pools.
An alternate domain has been set-up as a precaution for Convex users.
and
Users are encouraged to use these URLs to interact with the site while the investigation into the DNS hijack is conducted.
$CVX incentives are now live on the $cvxFXS / $FXS factory pool.
Additionally, accrued rewards from $veFXS locked on Convex will begin streaming out to $cvxFXS / $FXS LPs on Monday in the form of $FXS tokens.
$cvxFXS / $FXS factory pool is live:
Liquidity provider incentives will follow soon in the form of $CVX and $FXS tokens.
Additionally, the gauge vote for the $cvxFXS / $FXS pool is live!
$CVX incentives for CVX/ETH LPs are now directed at the new Curve pool.
Incentives will dissipate for LPs remaining in the Sushiswap pool over the coming days. LPs are encouraged to migrate to the Curve pool at their convenience.
🎊🎊 NEW LISTING 🎊🎊
@ConvexFinance
is now listed in our
#DeFi
rankings at
#7
with $4.07B Total Value Locked
Convex Finance allows Curve liquidity providers to earn trading fees and claim boosted CRV without locking CRV.
As announced in the latest Medium post, Convex has expanded its collaboration with
@fraxfinance
and added support for $FPIS in its locking/staking mechanism toolbox.
Reminder: The
@fraxfinance
$FPI snapshot is in ~9 hours (Feb 21 UTC 00:00).
$cvxFXS holders are eligible for the maximum amount of $FPI.
$FXS holders can deposit+convert to $cvxFXS at prior to the snapshot to maximize their $FPI airdrop.
In order to receive their portion of the upcoming $FPI airdrop from
@fraxfinance
, $cvxFXS holders must hold the tokens in their wallets.
Tokens in liquidity pools or any other contracts during the snapshot period will not be counted.
We're excited to unveil the Prisma Retroactive Airdrop🌈
All veCRV voters who helped whitelist Prisma on
@CurveFinance
and Prisma Point holders are eligible for the airdrop.
Another update on recent events:
- Incident involved a customer support agent being compromised at Namecheap, leading to DNS hijack of multiple defi platform front-ends.
- Original domain is back to normal operation. DNS is secured and actively monitored.
New proposal up for $vlCVX holders!
As mentioned in June update, we are taking steps on replacing cvxFXS/FXS pool in order to utilise new curve pools with price oracles. Please cast your vote below for the new cvxFXS/FXS pool.
New pools are now added to the Convex UI automatically. Prior to this, new pools were not visible in the UI without some manual work behind the scenes.
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 👇
Reminder:
#Fraxtal
airdrop snapshot is only 2 days away and cvxFXS stakers will be eligible for it. Stake your FXS as cvxFXS now and participate in the airdrop
@fraxfinance
We're thrilled to announce that $PRISMA, the Prisma Governance Token, is live now on Ethereum mainnet!🌈
Ethereum Address: 0xdA47862a83dac0c112BA89c6abC2159b95afd71C
The future of LSTfi is here!
It's been two weeks since Convex Finance launched! It goes without saying that we've been welcomed with open arms into the defi community. Let's recap:
- Over 17M $CRV staked on our platform so far.
- Approximately $800M in
@CurveFinance
LPs earning $CRV and $CVX rewards!
For the upcoming gauge-weight vote, the maximum weight assigned to one pool will be raised to 50% (previously 30%).
Additionally, each gauge must receive at least 0.25% of votes before weight is assigned (previously 0.5%).
cvxFXN is on! The new member of the cvxTKN family have landed. As announced in the latest blogpost, following the TGE of
@protocol_fx
, we are opening FX Protocol section on our site to enable $FXN to $cvxFXN conversions.
Please be cautious when using search services like Google intending to visit the website! There is at least one malicious website out there posing as Convex Finance, and more will likely pop up.
Instead, type the URL directly:
When it doubt, ask!
3 new proposals are live on . Quick summary of each:
1. Lower idle $vlCVX kick reward
2. Create single-sided staking for
$cvxFXS
3. Change rewards for $vlCVX from $cvxFXS to $FXS