Convergence
  • Welcome to Convergence
  • General Information
    • Protocol Overview
  • Staking
    • Convergence for Stake DAO
      • cvgSDT staking
      • sdTKNs staking
      • LPs staking
        • Curve LPs staking
      • Understanding cvgSDT
      • veSDT boost delegation
      • Metagovernance
        • Governance votes
        • Gauge votes
    • Convergence for Convex Finance
      • cvgCVX staking
      • cvxTKNs staking
      • Understanding cvgCVX
      • Understanding CVX1
      • Metagovernance
        • Governance votes
        • Gauge votes
    • Tokenized positions
  • CVG TOKEN
    • Understanding CVG
    • Tokenomics
    • CVG Locking
      • Understanding veCVG
      • Understanding mgCVG
      • Understanding ysCVG
  • GAUGES FUNCTIONING
    • Understanding Gauges
    • Gauges Votes
  • BONDS & TREASURY
    • Bonds
      • Understanding Bonds
      • Oracles and ROI computation
        • Targeted pools
      • Tokenized bonds
    • Treasury
      • Protocol Owned Deployments
      • Protocol Due Deployments
  • Cycles
    • Understanding Cycles
      • cvgCycles
      • tdeCycles
  • Rewards
    • Stake DAO rewards
    • Convex Finance rewards
    • CVG rewards
    • Treasury rewards
  • Navigate UI
    • Staking
      • Stake DAO
        • Staking cvgSDT
          • Use SDT
          • Use cvgSDT
        • Staking sdTKNs
        • Staking LPs
      • Convex Finance
        • Staking cvgCVX
        • Staking cvxTKNs
    • Using bonds
      • Buy a bond
      • Redeem CVG
      • Bond & Lock
    • Claming rewards
      • Claim all rewards
      • Claim by position
    • Lock CVG
      • Create a locked position
      • Increase a locked position
        • Increase amount only
        • Increase time only
        • Increase amount & time
      • Delegate a locked position
        • Delegate veCVG
        • Delegate mgCVG
        • Delegate ysCVG
      • Manage delegations
        • Accept a delegation
        • Remove a delegation
        • Revoke a delegation
    • Vote on gauges
      • Display votes
      • Remove votes
  • FAQ
    • Contract Addresses
    • Treasury Addresses
    • Audits
    • Risks
    • Fees
    • Branding
  • LINKS
    • Website
    • Github
    • Discord
    • Twitter
    • Coingecko/Coinmarketcap
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  1. Staking
  2. Convergence for Stake DAO

cvgSDT staking

PreviousConvergence for Stake DAONextsdTKNs staking

Last updated 10 months ago

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 the cvgSDT/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 or cvgSDT;

  • CVG rewards according to gauge weights.

Understanding cvgSDT
Stake DAO rewards
Staking cvgSDT