It's like a pool, except you are paid dividends on a multitude of tokens. It's a bit inflationary in loops and such, I think, but well, as long as there's demand
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Well, I'm not technical enough to see all implications, but basically, you get a decreasing share of rewards if you're not involved in all tokens of the chain.
It could seem so, but if we consider all tokens have a similar APY, would you prefer that APY paid on 20 tokens, or concentrated on 5?
I didn't do the math, but my instinct says Index would be the less impactfull in terms of shares for one particular token. But its strength is the spread of reward: a bit of everything, but really a little bit...