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.-

Can someone explain to me why, when staking cvxFXS on

convexfinance, the APR increased due to FXS vAPR from 3% to 7%, but on the frax website, the yield for staking FXS remained unchanged? And why did the yield increase on convex so much ? And why cvxfxs price is 10%lower than fxs.

#cryptocurrency #english #frax
0

3 ответов

19 просмотров
Jae-

👋

0
10 месяцев назад
Jae-

Can you please DM me so i can assist you further. "PLEASE KEEP IN MIND NO ADMINS WILL INITIALLY DM YOU"

0
10 месяцев назад
Timothy-

Cvxfxs has enhanced yield supported by convex Cvxfxs is always capped at the price of FXs because you can always convert from FXS to cvxFXS 1 for 1 But you cannot convert cvxFXS to FXS 1 for 1. You need you sell it in secondary market. So there's always a gap between the two prices Cvxfxs had better yield FXS is more liquid

0
10 месяцев назад

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