📩 asdCRV - Concentrator Case
Supercharge your yield
Please note that Concentrator is not under the management of the Stake DAO team. For further details, visit Concentrator (opens in a new tab) website.
Concentrator only available for Curve sdCRV.
🤔 What is Concentrator?
Users hold veTokens for various reasons. For many, the primary objective is to boost their yield in order to maximize their rewards.
This is where Concentrator (opens in a new tab) comes into play.
The projects utilize the asdCRV token, an auto-compounded sdCRV token that receives veSDT boost from the veSDT delegation feature. Users delegate their veSDT to receive a portion of the rewards, giving all asdCRV holders a better veSDT boost on their veCRV rewards. While this strategy monetizes their boost, users lose their voting power in the process. This trade-off is acceptable to those focused on yield.
📝 In Summary
If you want to boost your yield
Step 1: Deposit CRV or sdCRV
Deposit CRV or sdCRV on Concentrator vault contract to receive asdCRV.
Withdrawal period of 1 day.
Step 2: Benefit from veSDT Boost
asdCRV holders benefit from the veSDT boost delegated by veSDT holders. sdCRV rewards are automatically re-compounded into the vault.