LPs staking
Last updated
Last updated
Convergence allows liquidity providers from various protocols, such as Curve and Balancer, to stake their LP tokens (LPs
), and benefit from boosted earnings.
In addition to each protocol native rewards, already boosted by Stake DAO (boosted CRV
rewards for Curve for example), LPs
stakers earn boosted SDT
rewards. LPs
stakers also earn CVG
rewards on top, according to gauge weights.
Certain staking pools may also benefit from additional rewards as a boost, via the treasury's bootstrapping module.
To summarize, for each LP
, stakers can claim:
Underlying protocol boosted rewards (i.e. CRV
for Curve LPs
, BAL
for Balancer LPs
etc);
Boosted SDT
rewards;
CVG
rewards according to gauge weights.