Convex offers users a pretty four-way street for passive income. If you provide liquidity to one of the Convex-backed Curve liquidity pools, you will receive the following revenue streams:
Base rate interest of Curve platform transaction fees,
Curve-backed CRV rewards,
CVX tokens via Convex liquidity mining locking, and
Forgetting your tokens in a Curve pool can yield great returns in the long run.
Convex token (CVX) is a utility token used for getting a share from the fees of the Convex platform, which is possible if you trade on Bitunivex.