LogoLogo
General Spec (v4)
  • Introduction
    • Builders
      • API
      • SDK
      • White labeling
      • Subgraphs
      • Products
        • Enzyme Admin
        • Enzyme Liquid
        • Diva
        • Swell
        • Third party products
    • Asset Management
      • Regulated fund platform
      • Automation
    • Services
      • Development
      • Advisory
      • User Support
    • Official Links Hub
  • Getting started
    • Set up an Account
      • Add Gnosis Safe Wallet To Your Enzyme Account
    • Create a Vault
      • Seed
      • Fee Splitter
    • Roles & Permissions
      • Vault Owner
      • Delegated Trader
      • Allowed Lists
        • Allowed Adapters
        • Allowed External Positions
        • Asset Disallowed list
      • Slippage Stop-loss
      • *Restrict Asset Position Removal
      • *Restrict External Position Removal
    • Settings
      • Profile
      • Tracking & Untracking Assets
      • Delegate trading
      • Expensing gas fees
      • Vault reconfiguration
      • Change Owner
      • Change vault name
    • Start trading
      • Trade
        • Basket Trade
      • DeFi Protocols
        • Aave V2
        • Aave V3
        • Aura
        • Balancer
        • Compound V2
        • Compound V3
        • Convex
        • Curve
        • Delegated Voting
        • GMX
        • Idle
        • Kiln
        • Lido
        • Liquity
        • Maple
        • Morpho
        • Pendle V2
        • Spark
        • Stakewise V3
        • Swell
        • The Graph
        • Uniswap V2
        • Uniswap V3
        • Yearn
        • Borrow, Rewards & Airdrops
    • Deposits & Withdrawals
  • General info
    • Security
      • Audits
      • Reporting a security issue
      • Withdrawals when app not available
    • Codebase
      • Contracts
        • Ethereum
        • Polygon
        • Arbitrum
        • Base
    • Protocol fees
    • Risks & Nuances
    • Governance
    • Tokenomics
    • SAFE with Enzyme
      • Gnosis Safe - Ethereum
      • Gnosis Safe - Polygon
    • Insurance
    • Protocol Upgrades
Powered by GitBook
On this page
  • Staking
  • Lock/Delegate
  • How To Lock Your CVX?
  • How To Delegate CVX?
  • How To Relock CVX?
  • How To Claim Rewards?
  • How to Withdraw?
  • How to Redelegate?
  1. Getting started
  2. Start trading
  3. DeFi Protocols

Convex

PreviousCompound V3NextCurve

Last updated 1 year ago

is a platform for CRV token holders and Curve liquidity providers to earn additional interest rewards and Curve trading fees on their tokens.

Staking

With Convex, you can Stake and provide Liquidity to Pools.

Lock/Delegate

Delegating is a separate action from locking: you don't need to delegate if you lock, nor do you need to lock if you delegate. However, if it is the first time you are Delegating, you will need to Lock your CVX first before delegating.

How To Lock Your CVX?

1. In your left-hand vault menu, go to “DeFi Protocols” and select Convex.

2. Click on the ‘Lock/Delegate’ tab.

3. If you have CVX available balance, click on ‘Lock’.

4. Input the amount of CVX you wish to lock and click on ‘Lock’.

Your CVX will be locked for 16 weeks + the time between when you lock your CVX and the next epoch start, which is every Thursday at 00:00.

How To Delegate CVX?

1. In your left-hand vault menu, go to “DeFi Protocols” and select Convex.

2. Click on the ‘Lock/Delegate’ tab.

3. At the bottom of the screen click on ‘Delegate’.

4. You may delegate to voting or to a particular address.

You might receive many different tokens when delegating to Votium. In this case, the gas cost to claim rewards may be higher than the actual rewards. Considering this scenario, it might be better if you delegate votes to your own address and vote yourself.

How To Relock CVX?

1. In your left-hand vault menu, go to “DeFi Protocols” and select Convex.

2. Click on the ‘Lock/Delegate’ tab.

3. On the right-hand side of your available unlocked CVX balance click on ‘Relock’.

4. Input the amount of CVX you wish to relock and click on ‘Relock’.

How To Claim Rewards?

1. In your left-hand vault menu, go to “DeFi Protocols” and select Convex.

2. Click on the ‘Lock/Delegate’ tab.

3. On the Claimable Rewards section, click on ‘Claim Rewards’.

4. You will be prompted with the tokens and amounts you will claim, then click on ‘Claim Rewards’.

How to Withdraw?

1. In your left-hand vault menu, go to “DeFi Protocols” and select Convex.

2. Click on the ‘Lock/Delegate’ tab.

3. On the right-hand side of your available unlocked CVX balance click on ‘Withdraw’.

How to Redelegate?

1. In your left-hand vault menu, go to “DeFi Protocols” and select Convex.

2. Click on the ‘Lock/Delegate’ tab.

3. At the bottom of the screen, on the ‘Votes delegated to address’ section, click on ‘Delegate’.

4. You can redelegate to Votium or any other address.

CVX holders can Lock or Delegate their CVX via Enzyme. You can delegate your CVX to or you can delegate it to a specific address.

After the 16 full weeks(epochs) have passed your CVX will be automatically unlocked, and you will need to relock or withdraw it. Otherwise, you may be subject to bounty from other users. Please check Convex documentation for more information about that .

Votium
here
Convex Finance