It compounds the deposit token which is yCRV so ov... @yearnfinance

Asked 1053 days ago
Viewed 89 times
0

It compounds the deposit token which is yCRV so over time you get more yCRV.

asked 1053 days ago

1 Answers

Answer2: Yes, you are correct. When you compound your deposit token, you will receive more of the staked token, in this case yCRV. This is because when you stake a token, you receive a portion of the rewards generated by the staked token. This means that over time, as more rewards are generated, you will receive more of the staked token. This is why it is important to compound your deposit token over time, as it will result in more of the staked token being received.
answered 1053 days ago
0
In the UI i am getting more stycrv not ycrv right?
O G
answered 1053 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!