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Rick-

Hi, is cvxFXS having rewards distributed yet?

#cryptocurrency #english #frax
0

6 ответов

17 просмотров
Yeonwoo-Seo

Deposit cvxFXS and/or FXS into the Curve cvxfxs pool(https://curve.fi/factory-crypto/18/deposit) (without staking in the Curve gauge), and then stake your cvxfxsCrv tokens here to earn. Heres a link just incase. https://frax.convexfinance.com/

0
02.04.2022
Rick- Автор вопроса
Yeonwoo Seo
Deposit cvxFXS and/or FXS into the Curve cvxfxs po...

wait so cvxFXS doesnt earn yield itself (normal veFXS earns yield by itself)?

0
02.04.2022
Andy - IQ & Frax Finance 🧠-(Slow Replies @ T2049)

By depositing your cvxFXS and/or FXS in the Curve cvxFXS/FXS pool, and staking those LP tokens on Convex you’ll be earning the usual rewards from veFXS, plus the usual rewards from Curve’s cvxFXS/FXS pool, plus extra CVX incentives, plus a share of the Convex LPs’ boosted FXS earnings

0
02.04.2022
Rick- Автор вопроса
Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
By depositing your cvxFXS and/or FXS in the Curve ...

Yeah, but does this also mean you are required to LP to earn FXS?

0
02.04.2022
Alastair-Smith
Rick
wait so cvxFXS doesnt earn yield itself (normal ve...

I’ve been in the cvxFXS pool for a while. Nice FXS return and even better CVX. Very small amount of CRV

0
02.04.2022
Alastair-Smith
Rick
Yeah, but does this also mean you are required to ...

The LP pool is pegged in theory so no disadvantage other than you can’t get the coding power that veFXS has. I guess there are extra risks in addition to not being able to directly shape the future for frax 🙏🏼

0
02.04.2022

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