XBE Hive

What is the XBE Hive?
The XBE Hive is a yield complementary program building on Convex and Curve. This product offering aims to allow DeFi as well as FIAT users to take part in the XB protocol. DeFi users who are already knowledgeable on how Curve and Convex works, will be allowed to deploy their capital into the XBE protocol, who then deploys this capital in Convex and subsequently Curve. This results in users being able to earn XBE, CVX and CRV respectively. With the focus on complementary yield, users will then be able to stake their rewards mentioned above so that they can earn even MORE rewards in the form of XBE, cvxCRV and 3CRV fee.
Besides attracting the heavily involved DeFi users, one of the core focuses of the XBE Hive is to provide a regulatory compliant onramp for FIAT into DeFi and further putting the capital to work. The XBE Hive has partnered with regulatory compliant FIAT partners around the world ensuring the onboarding of capital is compliant, transparent, and with full real-time solvency reports available on chain. The Hive will support USD, EUR, BTC and ETH deposits on launch with more offerings to follow. The Hive will put this capital to work through Convex – who deploys this capital into Curve. This allows the FIAT and DeFi investors to earn: CRV, CVX and XBE. This program is built to complement Convex’s yield and further add value through FIAT into Curve and Convex. Furthermore, to ensure XBE continues to support both Curve.fi and Convex, we will be incentivizing the locking of CRV, cvxCRV and CVX. 
All claimed rewards from the Hive will carry a performance fee of 21% allocated as follows:
10% revenue share to XBE stakers
10% to XB Referral Program
1% transaction fees (gas fees) 
ELI5: DeFi users who have provided their liquidity on Curve.fi can take their LP tokens and deposit them into the XBE Hive at XBE.finance. The XBE protocol will take these assets and deposit them into Convex who then deploys these assets back into Curve. Thus rewarding its users in CRV, CVX and XBE. XBE rewards are automatically staked to further earn staking and protocol rewards. Users can lock their CRV rewards to mint cvxCRV and stake this through XBE.finance to earn cvxCRV, 3CRV and XBE. Adjacent to that, users can take their CVX rewards and stake this through XBE.finance to earn cvxCRV and XBE. XBE will further provide regulatory compliant FIAT on and off ramps as well as a referral model. 

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