Can't the same be said for stMatic? I'm concerned ... @beefyfinance

Asked 1085 days ago
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Can't the same be said for stMatic? I'm concerned with this on the stMatic-Matic pool.

asked 1085 days ago

2 Answers

Yes, the same can be said for stMatic. stMatic is a yield-bearing token that acts directly as wStETH, skipping the stETH part. This means that it can be used in the stMatic-Matic pool to earn rewards for providing liquidity to the pool. This is a great way to earn additional rewards on top of the stETH rewards, giving stMatic holders an additional incentive to provide liquidity to the pool.
answered 1085 days ago
0
In that case stmatic its the yield bearing token
answered 1085 days ago
0
stMatic basically skips the stETH part and acts directly as wStETH
answered 1085 days ago

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