Convex
Convex Finance
A liquidity-aggregation protocol layered on Curve that converts CRV emissions into a liquid, boosted yield product.
Convex pools voting power across CRV holders, lets LPs deposit Curve LP tokens and receive boosted CRV + CVX rewards without locking. Subject to Curve's underlying Liquidity pool risks plus the additional smart-contract layer of Convex itself.
Related terms
- CurveThe largest stablecoin-focused AMM, optimised for low-slippage swaps between like-kind assets.
- CRVThe governance + emissions token of Curve Finance, lockable for [[ve-token]] vote-escrowed governance power.
- GaugeA Curve mechanism that directs CRV emissions to a chosen pool, with weights set by veCRV votes.
- Vote-escrow (ve-token)A token-locking model where governance power and emissions weight scale with lock duration.