asdCRV - Concentrator Case
Supercharge your yield
What is Concentrator?
Users stake governance-token derivatives for various reasons. For many, the primary objective is to boost their yield in order to maximize their rewards.
This is where Concentrator comes into play.
The project utilizes the asdCRV token, an auto-compounded sdCRV token that receives vlSDT boost from the vlSDT delegation feature. Users delegate their vlSDT to receive a portion of the rewards, giving all asdCRV holders a better 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 2: Benefit from vlSDT Boost
asdCRV holders benefit from the vlSDT boost delegated by vlSDT holders. sdCRV rewards are automatically re-compounded into the vault. :::
If you want more rewards and you have vlSDT
Step A: Delegate vlSDT
Delegate your vlSDT to Concentrator vault (to earn from performance fee).
Step B: Claim Rewards
As a vlSDT delegator, you can claim SDT rewards coming when Concentrator vault harvests the rewards (part of performance fees).