sdTKNs staking
Last updated
Last updated
Convergence allows sdTKNs
(sdCRV
, sdBAL
etc) stakers to benefit from boosted earnings, via its veSDT
boost socialization model.
The following sdTKNs
are currently supported:
sdCRV
;
sdBAL
;
sdFXS
;
sdANGLE
;
sdPENDLE
;
sdFXN
.
sdTKNs
stakers on Convergence benefit from underlying veTKNs
native rewards and Stake DAO's fees, as well as boosted bribes earnings (distributed as sdTKNs
). sdTKNs
stakers also receive CVG
rewards on top, according to each sdTKN
gauge weight on Convergence.
Certain staking pools may also benefit from additional rewards as a boost, via the treasury's bootstraping module.
The voting power owned by Convergence via its sdTKNs
holdings will be delegated to Stake DAO's delegation addresses, in order to maximize users yields.
To summarize, for each sdTKN
, stakers can claim:
Underlying veTKN
native rewards;
A share of Stake DAO’s fees in TKN
(i.e. CRV
for sdCRV
);
Boosted bribes rewards distributed as sdTKN
;
CVG
rewards according to gauge weights.