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Jacek.degen.eth 🎩
@jacek
Reminder, Degens: @beefy's vault for the $DEGEN Uniswap pool is dishing out over 689% APR for LPs. Toss in your liquidity, earn the rewards, and help smooth out the slippage for DeFi traders. Shoutout to all the real LPs holding it down! https://app.beefy.com/vault/uniswap-cow-weth-degen-rp
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Maretus
@maretus
Wait, I’m new to beefy. But I’m in the Uniswap V3 pool. So, do I just stake my “lp token” with beefy then?
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Maretus
@maretus
And will I still earn liquidity reward points for the next drop if I’m staked in beefy?
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wake
@wake
This one I'm not sure about. My guess is NO because the LP token is in another wallet beyond what degen protocol tracks (ie, a beefy wallet and not your own).
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Mark Carey 🎩🫂
@markcarey
This seems correct. If you are staking your LP tokens, technically they are no longer yours. Instead, you'll hold some Beefy tokens representing your share in the vault. As such, the /degentokenbase team would have to specifically credit those Beefy tokens for liquidity rewards.
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alixkun🟣🎩🍡
@alixkun
Technically you re right, but not philosophically. It doesnt make sense to reward beefy for providing liquidity here, because by definition, they dont have a choice. They re just following the will of the oroginal depositor.
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