clevCVX is a synthetic token minted against real CVX (or vlCVX) in the Clever system, and each clevCVX token is backed by at least one CVX or vlCVX in the system. clevCVX can be redeemed for CVX 1:1 using the Furnace (where there may be a delay, see below) or immediately in the clevCVX/CVX pool on Curve.
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