Convex Finance is a decentralized finance (DeFi) platform built on the Curve Finance protocol, designed to enhance yield farming and liquidity provision for CRV token holders.
Company Details
Founded: 2019
Key Features:
Prevents users from locking their CRV tokens in order to receive extra rewards on their Curve LP tokens.
Enables users to manage their assets and stake their tokens with ease through their user-friendly interface.
Users have flexibility in managing their assets as they can withdraw their money whenever they want without facing lock-up periods.
Enhances the overall yield farming experience by providing incentives to liquidity suppliers.