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Stake DAO
Question
Venera
@kyr23fish · Dec 8, 2023, 20:33
Is StakeDAO a similar protocol to Convex?
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Comments (1)
critter
@kaz21fish · Dec 9, 2023, 12:42
StakeDAO's Curve Strategy would be almost the same as Convex.
The LP of the Curve is boosted by staking StakeDAO.
This gives more CRV Reward than staking directly to the Curve.
StakeDAO also has a service called LiqidLocker, which locks the CRV, in addition to the service to Stake the LP,
Thanks to this, the CRV is boosted.
In addition to Curve, Yean, Angle, and Balacer are also supported.
The LP of the Curve is boosted by staking StakeDAO.
This gives more CRV Reward than staking directly to the Curve.
StakeDAO also has a service called LiqidLocker, which locks the CRV, in addition to the service to Stake the LP,
Thanks to this, the CRV is boosted.
In addition to Curve, Yean, Angle, and Balacer are also supported.
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