CVX token
Overview
CVX is the native governance token of Convex Finance, a platform built on Curve Finance that simplifies and maximizes liquidity provision and CRV staking rewards. Token holders can stake CVX to earn a share of platform fees and vote on protocol governance decisions.
Within the DeFi Intel graph, CVX connects to 4 tracked entities, most strongly to Convex Finance, Convex DAO, Ethereum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Convex Finance | 95% |
supports_token | Convex DAO | 95% |
deployed_on | Ethereum | 85% |
governs | Convex Finance | 85% |
Frequently asked questions
What is CVX?
CVX is the governance token of Convex Finance, used for voting and earning a portion of fees generated by the platform.
How does CVX derive value?
CVX holders can stake their tokens to receive a portion of the trading fees and bribe revenue collected by Convex, as well as participate in governance of the protocol.
What is the relationship between CVX and CRV?
CVX represents a claim on boosted CRV rewards and vlCVX (vote-locked CVX) votes are used to direct Curve gauge weights, aligning incentives between the two protocols.
What is CVX connected to?
In the DeFi Intel knowledge graph, CVX is linked to 4 other tracked entities, most strongly to Convex Finance, Convex DAO, Ethereum.
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