# The afCVX Token afCVX is composed of two distinct parts, accessible in a single click when minting afCVX. afCVX is an [ERC-4626 Tokenized Vault Standard](https://ethereum.org/en/developers/docs/standards/tokens/erc-4626/) style token. **Part 1:** 80% of afCVX is deposited into CLever, the 2nd largest Convex wrapper in existence with over 3.3 million CVX deposited. The Asymmetry team has partnered with Aladdin DAO, the team behind CLever to ensure that all CLever CVX inside of afCVX is fully optimized to create the highest yield possible. The CVX allocated into CLever earns yield from two places. First, the CVX deposited earns Votium incentive rewards, just like any other Convex wrapper. Then, CLever’s trademark 1.5x, non liquidating, stable leverage is utilized. clevCVX is minted at a 50% LTV against the CVX deposit and deposited into the CLever Furnace, where it earns additional yield while being “burned” from clevCVX into native CVX. **Part 2:** The other 20% of afCVX is deposited into Convex’s native liquid-staked CVX (stkCVX), which receives 4.5% of Curve fees captured by Convex ($343m, and counting) and is fully liquid at all times. The combination of these two parts grants afCVX instant liquidity and more efficient yield than any other Convex Wrapper. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.asymmetry.finance/afcvx-asymmetry-finance-convex/the-afcvx-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.