Convergence
  • Welcome to Convergence
  • General Information
    • Protocol Overview
  • Staking
    • Convergence for Stake DAO
      • cvgSDT staking
      • sdTKNs staking
      • LPs staking
        • Curve LPs staking
      • Understanding cvgSDT
      • veSDT boost delegation
      • Metagovernance
        • Governance votes
        • Gauge votes
    • Convergence for Convex Finance
      • cvgCVX staking
      • cvxTKNs staking
      • Understanding cvgCVX
      • Understanding CVX1
      • Metagovernance
        • Governance votes
        • Gauge votes
    • Tokenized positions
  • CVG TOKEN
    • Understanding CVG
    • Tokenomics
    • CVG Locking
      • Understanding veCVG
      • Understanding mgCVG
      • Understanding ysCVG
  • GAUGES FUNCTIONING
    • Understanding Gauges
    • Gauges Votes
  • BONDS & TREASURY
    • Bonds
      • Understanding Bonds
      • Oracles and ROI computation
        • Targeted pools
      • Tokenized bonds
    • Treasury
      • Protocol Owned Deployments
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  • Cycles
    • Understanding Cycles
      • cvgCycles
      • tdeCycles
  • Rewards
    • Stake DAO rewards
    • Convex Finance rewards
    • CVG rewards
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  • Navigate UI
    • Staking
      • Stake DAO
        • Staking cvgSDT
          • Use SDT
          • Use cvgSDT
        • Staking sdTKNs
        • Staking LPs
      • Convex Finance
        • Staking cvgCVX
        • Staking cvxTKNs
    • Using bonds
      • Buy a bond
      • Redeem CVG
      • Bond & Lock
    • Claming rewards
      • Claim all rewards
      • Claim by position
    • Lock CVG
      • Create a locked position
      • Increase a locked position
        • Increase amount only
        • Increase time only
        • Increase amount & time
      • Delegate a locked position
        • Delegate veCVG
        • Delegate mgCVG
        • Delegate ysCVG
      • Manage delegations
        • Accept a delegation
        • Remove a delegation
        • Revoke a delegation
    • Vote on gauges
      • Display votes
      • Remove votes
  • FAQ
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    • Audits
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On this page
  • Locking CVX for vlCVX
  • cvgCVX
  1. Staking
  2. Convergence for Convex Finance

Understanding cvgCVX

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Last updated 10 months ago

Locking CVX for vlCVX

CVX can be locked on Convex up to 16 weeks, in order to earn voting right over Convex's underlying protocols. Learn more on the .

cvgCVX

cvgCVX is a liquid tokenized version of locked CVX. Each CVX deposited on Convergence is locked forever on the Convex vote locking contract. cvgCVX is minted at a 1:1 rate each time a user deposits CVX.

Converting CVX to cvgCVX is irreversible. However, a cvgCVX/CVX1 pool exists on Curve. This pool is, and will be maintained by Convergence.

Staking cvgCVX allows users to claim vlCVX vote incentives and additional rewards, plus CVG rewards.

cvgCVX can be swapped back to CVX in one transaction, directly on Convergence.

Convex documentation
cvgCVX staking