Convex Finance rewards

Staking rewards for cvgCVXand cvxTKNs are distributed weekly, at the beginning of each cvgCycle.

If one stakes his assets during a given cvgCycle N, his rewards will be available at the beginning of the cvgCycle N+2.

Staking rewards will be distributed to users, based on their shares of their staking pool, according to the figure below:

Staking rewards distribution

Where:

$$R_{1user}=\frac{Asset~balance}{(X)Assets~staked}*R_{1}$$

and

$$R_{2user}=\frac{Asset~balance}{(X+Y)~Assets~staked}*R_{2}$$

If a user unstakes any asset before the end of a given cvgCycle N, he will then not be able to claim rewards for the cvgCycle N (at the beginning of the cvgCycle N + 1).

For cvgCVX, all rewards that are not CVG (vote incentives, and other earnings) are distributed as cvgCVX every 2 weeks. CVG are distributed weekly.