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For longer rounds, contributions can in theory be converted to a yield-bearing asset to grow the total funding per round. clrfund can use any ERC20 for the round token -- including deposit tokens like cTokens, aTokens, or yearn vault tokens -- so user contributions made in "raw" stablecoins could be converted into the yield-bearing round token, potentially via a zap.
On the deployer side, an option for admins to select the desired yield-bearing asset as the round token and configure the zap.
Considerations:
deposit/withdrawal gas costs eating up any yield earned
different defi protocols on different networks
The text was updated successfully, but these errors were encountered:
Overview
For longer rounds, contributions can in theory be converted to a yield-bearing asset to grow the total funding per round. clrfund can use any ERC20 for the round token -- including deposit tokens like cTokens, aTokens, or yearn vault tokens -- so user contributions made in "raw" stablecoins could be converted into the yield-bearing round token, potentially via a zap.
On the deployer side, an option for admins to select the desired yield-bearing asset as the round token and configure the zap.
Considerations:
The text was updated successfully, but these errors were encountered: