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TVL $37MAPY 4.98%medium riskUpdated Feb 1, 2025

DOLA/wstUSR Convex Deposit

Deposit Curve DOLA/wstUSR LP tokens into Convex for boosted yields on this Inverse Finance and Resolv stablecoin pair.

ProtocolConvex
Networkethereum
SymbolCVXDOLAWSTUSR
CategoryYield Vaults
Underlying Assets
DOLAwstUSRCRVCVX
Contract Address0x5b323610bcdc6938c6f45ee99e82935f800b4421

What is DOLA/wstUSR Convex Deposit?

This vault provides boosted yields for the Curve DOLA/wstUSR liquidity pool through Convex Finance. The pool pairs Inverse Finance's DOLA stablecoin with Resolv Protocol's wrapped staked USR (wstUSR).

How This Vault Works

  1. Provide DOLA and/or wstUSR liquidity to the Curve pool
  2. Stake LP tokens in this Convex vault
  3. Convex applies boosted CRV rewards via aggregated veCRV
  4. Earn CRV, CVX, and any additional incentives
Yield Sources: Trading fees, boosted CRV emissions, CVX rewards, plus underlying wstUSR yield.

Understanding the Underlying Assets

DOLA: Inverse Finance's stablecoin backed by protocol debt positions. DOLA maintains its peg through the FiRM fixed-rate lending market and DAO-managed supply adjustments. wstUSR: Wrapped staked USR from Resolv Protocol. USR is a stablecoin and wstUSR is its yield-bearing variant. The staking yield comes from Resolv's protocol mechanisms.

Fee Structure

Standard Convex fees apply:

  • 16% performance fee on CRV rewards
  • No deposit or withdrawal fees

Yield Components

This vault's APY reflects:

  1. Curve pool trading fees
  2. Boosted CRV gauge rewards
  3. CVX token incentives
  4. Underlying wstUSR yield (if applicable to LPs)

The relatively high APY suggests active incentive programs.

Risk Disclosures

Smart Contract Risk: Multiple protocol exposure including Curve, Convex, Inverse Finance, and Resolv Protocol. DOLA Risk: Depends on Inverse Finance's lending revenue and governance. Protocol issues could affect peg stability. wstUSR/USR Risk: Resolv is a newer protocol. USR's stability mechanisms and yield sources should be thoroughly understood before depositing. Newer Protocol Risk: Some assets in this pool are from relatively new protocols with less battle-testing. Impermanent Loss: If either stablecoin depegs, LPs experience losses. Liquidity Risk: Newer stablecoin pairs may have lower liquidity during stress events. Governance Risk: Multiple governance systems (Curve, Convex, Inverse, Resolv) can affect this position.
Disclaimer: APY and TVL figures are based on on-chain data and may fluctuate. Past performance does not guarantee future results. DeFi investments carry smart contract, market, and liquidity risks. This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.

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