Convex Finance (CVX) up 8% Amid Call for Voting on Pool Weight: Details

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.ConvexFinance jumps amid ongoing crucial gauge-weight voting process

Convex Finance was designed as a protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there.

Besides its role as a crucial liquidity-rewarding outfit, Convex Finance also operates a very unique decentralized autonomous organization system for making decisions concerning new initiatives in its ecosystem. by the protocol, voting for a new proposal is currently underway for vlCVX token holders regarding the removal of gauge-weight hard caps.

 

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