Convex Finance (CVX) Live Price and charts Today

What is CVX token？

CVX serves for both staking rewards and governance token in Convex ecosystem. Utilities are listed below. 

• Stake to receive a share of platform fees as cvxCRV.
• In the future, CVX will be used for voting, such as gauge weights.
• CVX is minted pro-rata for each CRV token claimed by Curve LP's on Convex.
  • CVX / CRV mint ratio reduces every 100k CVX
  • CVX Mint formula/code here

Convex's tokenomics consist of three tokens: cvxCRV (tokenized veCRV), cvxFXS (tokenized FXS) and CVX. 

CVX distribution

• Max Supply: 100 million
• 50% Curve LP rewards
  Rewarded pro-rata for CRV received on Convex
• 25% Liquidity mining
  Distributed over 4 years. Incentives for CVX/ETH and cvxCRV/CRV pools
• 9.7% Treasury
  Vested over 1 year. Used for future incentives or other community driven activities
• 1% VeCrv holders
  Instantly claimable airdrop
• 1% VeCrv holders who vote to whitelist Convex
  Instantly claimable airdrop
• 3.3% Investors
  Vested over 1 year. 100% of investment funds used to pre-seed boost and locked forever(no cvxCRV minted).
• 10% Convex Team
  Vested over 1 year