cvxTKNs staking
Last updated
Last updated
Convergence allows cvxTKNs
stakers to benefit from optimized reward distributions.
The following cvxTKNs
are currently supported:
cvxCRV
;
cvxPRISMA
;
cvxFXN
.
cvxTKNs
stakers on Convergence benefit from underlying veTKNs
native rewards and Convex's fees. cvxTKNs
stakers also receive CVG
rewards on top, according to each cvxTKN
gauge weight on Convergence.
The cvxCRV
staking pool is constantly rebalanced between governance tokens rewards (CRV
& CVX
), and crvUSD
rewards, to optimize stakers' yield.
To summarize, for each cvxTKN
, stakers can claim:
Underlying veTKN
native rewards;
A share of Convex’s fees in TKN
(i.e. CRV
for cvxCRV
);
CVG
rewards according to gauge weights.