Convergence for Convex Finance
Last updated
Last updated
Convergence features a CVX
liquid locker, and a boosted staking solution for Convex's liquid wrapper tokens.
Depositing Convex’s liquid lockers tokens (cvxTKNs
) into Convergence allow stakers to claim optimized native rewards, with CVG
added on top.
Convergence provides a liquid staking solution for CVX
. Staked cvgCVX
receives vlCVX
votes incentives and other rewards, with CVG
on top. The system uses a second CVX
wrapper, called CVX1
, that is only used for the stablepool liquidity.
The governance power on Convex, Curve, Frax, Prisma and F(x) held by Convergence is delegated to CVG
lockers.