cvxNPR

Published:

May 4, 2024

Auther:

  • napier

    Napier

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cvxNPR

Boosting on Napier

Napier is excited to have Convex, one of the largest and leading liquid lockers, integrating veNPR to help optimize and expand opportunities for Napier users. Similar to their role in the Curve ecosystem, these liquid lockers play a crucial role within the Napier ecosystem by unlocking instant liquidity for NPR holders and optimizing yields on Napier for LP’s.

Liquid lockers accumulate and perpetually lock governance tokens like NPR every week, and in the case of Napier this optimizes returns of depositors through Napier’s boost mechanism.

About Convex Finance

Convex, a bluechip among DeFi protocols, has been the leading yield aggregator with its ever-expanding flywheel of veTKNS. As one of our earliest partners, Convex is thrilled to welcome cvxNPR into its family and expand its service to the Napier community. With its major stake in Curve vote weight, Convex will be partnering with Napier, enabling veNPR holders to enjoy a large boost and allowing them to claim their veNPR as liquid, all while optimizing their yield for maximum efficiency.

With other blue-chip protocols such as FXS and an expanding list of new innovative protocols under its belt, Convex has the potential to build unique synergies and yield opportunities for veNPR holders through their cvxNPR product.

About Napier Finance

The end game for Curve ecosystem. Napier is a liquidity hub for yield trading powered by Curve Finance.

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