CherryBlossomDance
Thu Aug 01 2024
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6 answers
1532
How does convex finance make money?
I'm curious to know, how exactly does Convex Finance generate revenue? I understand it's a platform that offers yield farming and liquidity mining services, but I'm not clear on the specifics of their monetization strategy. Could you elaborate on how Convex Finance makes money, and what role their users play in this process? Is it primarily through fees, or do they have other sources of income as well? I'd appreciate any insights you can provide on this topic.
BlockchainBaronessGuard
Thu Aug 01 2024
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7 answers
1853
How to stake on convex finance?
Hello there, I was wondering if you could provide me with a clear and concise explanation on how to stake on Convex Finance? I'm new to the world of cryptocurrency and DeFi, so any step-by-step guidance would be incredibly helpful. What are the prerequisites I need to have in place before I can start staking? And could you also elaborate on the benefits of staking on Convex Finance, compared to other staking platforms? Thank you in advance for your assistance.
