Cover shield mining votes are updated on-chain!
Some APYs are Infinity. Get in fast.
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Pumpkin, what does it mean to have infinity APY? Also, how does one get in, and more importantly what are the risks? Cover ‘shield mining’ confuses me.
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The APY displayed is infinite if no one is staked in the pool. To shield mine, you need to stake CLAIM/NOCLAIM tokens in Balancer to get BPT, then stake the BPT on shield mining to earn rewards. The risk is IL in the case an exploit occurs since prices will shift drastically.
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Thank you, Chef. When minting, the token has an expiration date. What happens when that is reached? The user guide doesn't seem to say.
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