cvgSDT staking
Convergence allows Stake DAO users to stake a liquid derivative version of veSDT
, called cvgSDT
, that can be staked or unstaked anytime.
cvgSDT
stakers benefit from native veSDT
rewards (sdFRAX3CRV
), and from 10% of SDT
harvested from staking pools (LPs
). CVG
emissions are added on top, according to the cvgSDT
gauge weight.
In addition, the treasury is used to further boost earnings with:
50% of
SDT
harvested from thecvgSDT/SDT
stablepool owned liquidity;An additional
SDT
boost from the treasury’s bootstraping module.
cvgSDT
stakers also benefit from potential bribes, earned via the protocol’s veSDT
holdings. Bribes will be swapped to SDT
or cvgSDT
.
To summarize, cvgSDT
stakers can claim:
veSDT
native rewards (sdFRAX3CRV
);A share of Convergence’s fees in
SDT
;An
SDT
boost from the protocol’s treasury;Bribes rewards distributed as
SDT
orcvgSDT
;CVG
rewards according to gauge weights.
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