veSDT wrapper
Locking SDT for veSDT
Section titled “Locking SDT for veSDT ”SDT can be locked on Stake DAO up to 4 years, in order to boost staking positions and gain voting power. Learn more on the Stake DAO documentation.
cvgSDT
Section titled “cvgSDT ”cvgSDT is a liquid tokenized version of locked SDT (veSDT). Each SDT deposited on LiquidBoost is locked forever on the Stake DAO voting escrow contract. cvgSDT is minted at a 1:1 rate each time a user deposits SDT.
The boost owned on Stake DAO through LiquidBoost’s veSDT holdings is shared with sdTokens (sdCRV, sdFXN, sdBAL etc) stakers.
Converting SDT to cvgSDT is irreversible. However, a cvgSDT/SDT pool exists on Curve. This pool is, and will be maintained by LiquidBoost.
Staking cvgSDT allows users to claim veSDT native rewards, SDT, and cvgSDT rewards.