What is Convex Token (CVX)?
Convex Finance (CVX), launched in 2021, is a DeFi platform built on Ethereum, designed to optimize and enhance the yield farming experience on the Curve Finance DEX. CVX token holders can stake their tokens to earn a share of the platform's trading fees and boost their liquidity mining yields.
The platform aims to simplify and improve the profitability of DeFi yield farming for its users. Convex Finance leverages the liquidity on Curve Finance, providing users with enhanced rewards and simplified access to yield farming opportunities, contributing to the growth and efficiency of the DeFi ecosystem.
The platform aims to simplify and improve the profitability of DeFi yield farming for its users. Convex Finance leverages the liquidity on Curve Finance, providing users with enhanced rewards and simplified access to yield farming opportunities, contributing to the growth and efficiency of the DeFi ecosystem.
Why choose Rabbit Wallet for Convex Token?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your CVX with ease. Check out some cool features that make Rabbit stand out:
Exchange Convex Token (CVX)
With the Rabbit's built-in coin swap feature, you can exchange your Convex Token for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your Convex Token, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.