Convex Finance is a DeFi protocol offering Curve liquidity providers an alternative avenue to earn a portion of trading fees on Curve without directly staking liquidity there. Instead, LPs can opt to stake with Convex and receive enhanced CRV and liquidity mining rewards. This arrangement enhances capital efficiency for CRV stakers and positions Convex Finance as a significant participant in the competition surrounding Curve. Convex has joined a competitive pursuit to gain control over the Curve Finance stablecoin exchange. The more CRV tokens a protocol possesses, the greater its sway over interest rates on Curve, which stands as the largest DEX in terms of TVL globally. Consequently, the ongoing "Curve wars" represent a race for dominance over what is arguably one of the most crucial protocols in DeFi.