CVX (CVX)

Don’t forget to claim your OG or Veteran role in our discord server in the "-anniversary-club" channel by the end of the month if you qualify. Our bot will collect wallet addresses for potential future rewards. 👀 We will stop accepting wallet addresses at the end of this month so be sure to claim your role and DM your wallet address to our bot.

It's been FIVE YEARS! Happy Birthday Convex

It's been FIVE YEARS! Happy Birthday Convex

TWO PROTOCOLS, ONE PATTERN Today we discuss @fraxfinance and @protocol_fx. Two independent DeFi protocols that Convex built on top of. Convex wrapped their ve-tokens to bring better yields to their LP holders. That's the partnership. Let's break it down.

CONVEX TURNS 5 THIS WEEK! Convex Finance turns 5 years old on May 17th! 🎂 Every day this week we're celebrating the partners that made it all happen — starting with @CurveFinance, the protocol Convex was built on and the engine behind everything we do. But 5 years means nothing without the community that's been here since day one. To celebrate, a special channel "anniversary-club" just dropped in our Discord! This is for existing members only. If you joined Discord after the dates mentioned below, you do not qualify. Join dates are checked automatically against your Discord profile. If you've been here a while, react in the new channel to get verified for one of these 2 new roles: 🥇 Convex OG — Joined on or before Dec 31, 2021 🥈 Convex Veteran — Joined Jan 1, 2022 through May 17, 2024 Don’t forget to claim your OG or Veteran role if you qualify. Our bot will collect wallet addresses for future rewards. 👀

"Been recognizing rewards of 15-20% APR and collecting every Tuesday as scrvUSD for over a month now." A new $CVX locker who used my recent tutorials to successfully lock his tokens and earn consistent, passive yield. I'll include links to the tutorial at the end of this tweet but I want to bring attention to the 3rd point in the quoted tweet below: Many people ask me if I think it's "okay to start a fresh lock for 4 months right now" with the concern that they won't be able to take profits/sell when $CVX has pumped into new all time highs if it happens in under 4 months. We know that when the market heats up and alts start making major moves at the end of the cycle, we can see monster moves that happen VERY quickly so this IS a valid concern imo. You can either lock your tokens now and hope you won't need to sell them within 4 months, not lock them and earn no yield, OR take a "hybrid" approach which is what the user below described: That is, instead of locking all of your tokens at once, break down y

Mainnet-based stablecoin issuers opt for @CurveFinance to house their liquidity. Those that want a cost-effective way to grow their TVL without burning through their own token opt to utilize @ConvexFinance given their significant weight in $CRV to further grow their LP. Therefore, any stablecoin exposure needed can be boiled down to simply holding $CVX and locking (16 weeks + 5 days) to earn rewards from successful and productive stablecoin issuers. Simple.