Convex Finance

Шаги

Что нужно сделать

1. 01

   Set up a dedicated EVM wallet (MetaMask or Rabby) and fund it with ETH on Ethereum mainnet. Budget at least $20–50 worth of ETH purely for gas, as each interaction (approve, deposit, claim) costs a separate transaction. Rabby Wallet is recommended by experienced farmers because it simulates each transaction before you sign, helping you catch unexpected approvals or phishing attempts.

2. 02

   Acquire the stablecoin or asset you want to deposit into Curve. The most popular choices are USDC, USDT, DAI, and crvUSD for stablecoin pools, or stETH/ETH for liquid-staking pools. Stablecoin pools carry minimal impermanent loss, making them ideal for conservative farmers who want yield without token price exposure. Buy on a CEX and withdraw directly to your wallet, or use a DEX aggregator like 1inch.

3. 03

   Visit curve.finance and browse available pools to find one that suits your risk appetite and desired asset. Look at the 'Base vAPY' (trading fee income) and the 'Rewards tAPR' (CRV + bonus emissions). High-volume stablecoin pools like 3pool or crvUSD pairs are beginner-friendly. Newer pools may offer higher APY but carry more smart contract risk. Note the pool name exactly — you'll need it when searching on Convex.

4. 04

   Add liquidity to your chosen Curve pool directly on curve.finance. Click 'Deposit,' select the token(s) you want to deposit, approve the ERC-20 spend, and confirm the deposit. You will receive Curve LP tokens in return (e.g., '3CRV' for the 3pool). Do NOT stake these LP tokens into Curve's own gauge — save them for Convex, which provides a higher boost via pooled veCRV.

5. 05

   Navigate to curve.convexfinance.com/stake and search for your Curve pool. Convex lists all supported Curve pools with their boosted APY shown prominently. The APY shown on Convex is 1.5–2.5x higher than depositing directly into Curve's gauge, because Convex applies the maximum 2.5x veCRV boost from its pooled holdings to all depositors equally — regardless of how much CRV you personally hold.

6. 06

   Deposit your Curve LP tokens into Convex. Click 'Deposit,' approve the LP token spend (Transaction 1), then confirm the deposit (Transaction 2). After both transactions confirm, your position is live and you immediately begin earning CRV, CVX, and any additional incentive tokens specific to that pool. The two-transaction flow is normal ERC-20 behavior — do not be alarmed.

7. 07

   Monitor your accruing rewards in the Convex UI. Your pending CRV and CVX accumulate block-by-block and are visible in real time on your pool page. CVX is minted at a rate that declines as the total CVX supply grows toward its 100-million cap — meaning every day you wait to participate means a slightly lower CVX emission rate per CRV earned. Earlier participation captures more CVX per dollar of yield.

8. 08

   Claim your earned CRV and CVX from convexfinance.com/claim-cvx. You can claim all pools in a single 'Claim All' transaction to save gas. Time your claims to low-gas windows (check Etherscan Gas Tracker) — early morning UTC or weekends tend to have the cheapest gas. Claiming weekly or bi-weekly is more gas-efficient than daily claims for most deposit sizes.

9. 09

   Decide what to do with your earned CVX. Option A: Sell it immediately for USDC/ETH on Uniswap or a CEX. Option B: Stake it at convexfinance.com to receive cvxCRV (earning a share of 10% of all platform CRV). Option C: Lock it as vlCVX for 16 weeks to earn governance fees plus 'bribe' revenue from protocols paying for Curve gauge votes. Option C typically offers the highest long-term yield but sacrifices liquidity for the lock period.

10. 10

    If you choose to lock CVX, go to convexfinance.com/lock-cvx and lock your CVX tokens. The lock period is 16 weeks plus 1 day (approximately 4 months). In return, you receive vlCVX which entitles you to: (a) 5% of all CRV earned on the platform, (b) bribe payments from external protocols each bi-weekly governance epoch. Ensure you won't need these funds liquid for at least 16 weeks before locking.

11. 11

    To maximize bribe income, set up a Votium delegation at votium.app. Votium is the leading bribe aggregator for Convex governance — protocols deposit bribe tokens there before each gauge vote, and vlCVX holders can claim their proportional share after voting. You can either vote manually via vote.convexfinance.com or delegate your votes to Votium for automated, optimal allocation. Bribe income is paid every ~2 weeks per the Curve gauge voting schedule.

12. 12

    Track your Convex position and the broader Curve ecosystem regularly. Gauge weights change each epoch, meaning the APY on your chosen pool can rise or fall depending on how much CRV is directed to it by governance votes. If a pool's rewards drop significantly, it may be worth withdrawing LP tokens and redepositing into a higher-APY pool. The Convex and Curve communities discuss these changes actively on Discord.

13. 13

    When you want to exit, withdraw your Curve LP tokens from Convex at any time — there is no lockup on LP deposits (only on CVX locking). Click 'Withdraw' on your pool page, confirm the transaction, and your LP tokens return to your wallet. Then go to curve.finance, find your pool, and click 'Withdraw' to redeem your LP tokens for the underlying assets (stablecoins, ETH, etc.).

14. 14

    Stay vigilant against phishing. The Convex brand is a common target for scam 'airdrop claim' pages. Always type convexfinance.com directly into your browser URL bar. Never click links from DMs, Twitter ads, or Telegram messages claiming to offer CVX airdrops. Bookmark the real site now. Before approving any contract interaction, verify the contract address on Etherscan matches official Convex addresses listed in their documentation.

15. 15

    For advanced users: explore Convex's support for Frax Finance and f(x) Protocol. Visit frax.convexfinance.com and fx.convexfinance.com for boosted staking on those ecosystems. Convex controls ~41% of all veFXS (Frax governance) and ~52% of veFXN (f(x) Protocol governance), offering the same boosted yield mechanics for LP tokens on those platforms. Diversifying across multiple Convex-supported protocols is a common strategy among experienced yield farmers.

Ссылки проекта