Stake & Boost on Curve & Convex | Learn with SimpleSwap

Curve Finance and Convex Finance are two of the most important platforms in the DeFi ecosystem, especially for stablecoin swaps and yield farming. When combined, they allow users to stake, earn rewards, and boost their earnings. In this article, we’ll explain how staking and boosting work on Curve and Convex, and how you can use SimpleSwap to access them easily.

🔁 What Is Curve Finance?

Curve is a decentralized exchange (DEX) optimized for stablecoin and pegged asset trading with low slippage. Users can provide liquidity to Curve pools and earn trading fees and CRV token rewards.

💹 What Is Convex Finance?

Convex is a platform built on top of Curve that allows users to boost their CRV rewards without locking CRV themselves. Convex makes Curve staking more accessible and efficient, especially for users who don’t want to lock CRV for veCRV (vote-escrowed CRV).

🚀 How Staking & Boosting Work

1. Provide Liquidity on Curve: Choose a pool (e.g., 3Pool or stETH/ETH) and deposit your tokens.
2. Receive LP Tokens: These represent your share of the pool.
3. Stake LP Tokens on Convex: Go to Convex and stake your Curve LP tokens.
4. Earn Boosted Rewards: Convex uses its locked CRV to give you boosted CRV rewards, plus additional CVX tokens.

⚡ Use SimpleSwap for Easy Access

SimpleSwap makes it easy to:

• Swap tokens to join Curve pools
• Send assets directly to your DeFi wallet
• Track your holdings without needing to navigate complex DeFi dashboards

🧠 Final Thoughts

By combining Curve’s stablecoin efficiency with Convex’s boosting mechanism, you can maximize your yield in DeFi. Tools like SimpleSwap make onboarding even easier for new users.