Rewards auto-compound
A major update for Lend Flare V2 is the auto-compound of Curve and Convex rewards on Lend Flare plateform.
In Lend Flare V1, earned rewards that are not harvested don't generated yield. And generally, earned rewards are not harvested often, because the harvest cost a substantial amount of gas fees.
In LendFlare V2, these rewards will be auto-compounded for yield. Available rewards will be converted to cvxCRV, then staked on Convex for yield.
No fees will be taken by Lend Flare during this process.
Last modified 1yr ago