Overview:
Convex Finance is a DeFi platform built on Curve, optimizing yields for liquidity providers. CVX, its native token, is used for governance and earning additional rewards within the Curve ecosystem.

Functionality and Usage:
Convex enhances returns for liquidity providers on Curve by pooling assets to increase CRV rewards. CVX holders influence governance decisions and earn fees and incentives. Convex simplifies Curve’s complex reward system, attracting substantial DeFi liquidity.

History:
Launched anonymously in May 2021, Convex rapidly gained traction by optimizing Curve’s yield farming strategies. It quickly became one of DeFi’s largest yield aggregators.

Outlook:
Convex’s long-term growth is tied to Curve’s continued adoption and success. Its popularity among DeFi yield seekers and consistent enhancements to its platform could sustain growth.

Founders:
Anonymous team.

Contract Address (Ethereum):
0x4e3FBD56CD56c3e6Cf3b03307eE42e70a8b7cDEe

CoinMarketCap Listing: Convex Finance (CVX)