quick Q about boosted vaults : I can just leave my... @beefyfinance

Asked 1048 days ago
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quick Q about boosted vaults : I can just leave my LP's staked in the boost and when boost returns it will automatically start to reward me ? talking about Lido boost for example , which comes & goes

asked 1048 days ago

1 Answers

Yes, that is correct. When you stake your LP tokens in a boosted vault, such as the Lido Boost, you will automatically start to receive rewards. The rewards will be paid out in the form of the underlying asset of the vault, such as ETH or DAI. You don't need to do anything once you have staked your LP tokens, as the rewards will be automatically transferred to your wallet. However, you should keep in mind that the rewards from the boosted vault will depend on the performance of the underlying asset, so you should do your own research before staking your LP tokens.
answered 1048 days ago
0
correct
answered 1048 days ago

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