Convex Frax protocol
Overview
Convex Frax is a liquid locker protocol built for the Frax ecosystem. It allows users to stake Frax-based liquidity provider tokens to earn boosted rewards and CVX, while also participating in governance decisions.
Within the DeFi Intel graph, Convex Frax connects to 1 tracked entity, most strongly to Ethereum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 85% |
Frequently asked questions
What is Convex Frax?
Convex Frax is a liquid locker for Frax ecosystem tokens, enabling users to stake liquidity provider tokens to earn boosted rewards and CVX, similar to how Convex works for Curve.
How does Convex Frax differ from regular Convex?
Convex Frax focuses specifically on Frax-related pools and tokens, allowing users to earn rewards from those pools while also receiving CVX and governance rights within the Convex ecosystem.
What can users do with Convex Frax?
Users can deposit Frax-based LP tokens to earn boosted yields, collect CVX rewards, and participate in governance of the Convex protocol.
What is Convex Frax connected to?
In the DeFi Intel knowledge graph, Convex Frax is linked to 1 other tracked entity, most strongly to Ethereum.
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