Users who have provided liquidity on Curve.Fi are able to stake their Curve LP tokens into XBE, which then deploys this liquidity into Convex, and subsequently back into Curve. This results in protocol users simultaneously earning $CRV, $CVX and $XBE.
When a user deposits their Curve LP into XBE, they receive xhCurve LP tokens in return. This issuance of LP tokens enables entirely new ways at looking at existing DeFi markets, to power new approaches previously not possible. These LP tokens can be fractionized and even sent to another wallet, as just by holding xhCurve LP tokens in your wallet will this earn you the aforementioned rewards.