So what do I gain if I stake lp-ycrv? @yearnfinance

Asked 1049 days ago
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So what do I gain if I stake lp-ycrv?

asked 1049 days ago

1 Answers

Staking LP-YCRV tokens allows you to earn rewards in the form of yield. When you stake LP-YCRV tokens, you are essentially locking them up in a smart contract, allowing you to earn rewards in the form of yield. This yield is generated from the fees associated with various activities taking place on the platform. Additionally, when you stake LP-YCRV tokens, you are able to take advantage of auto-compounding, which allows you to automatically reinvest your rewards back into the pool, helping you to maximize your yield over time.
answered 1049 days ago
0
You dont need to stake you just deposit and let it autocompound the yield
answered 1049 days ago

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