❓About $LrBGT
General Q&A
Q1. What is $LrBGT? LrBGT is a liquid restaking token users receive after depositing a mix of iBGT, LAIR, and WBERA into the vault.
Q2. What assets can I use to mint $LrBGT? You can deposit iBGT, WBERA, and LAIR in either single-asset or multi-asset formats. Detailed guide follows.
Q3. What’s the purpose of $LrBGT? It helps maximize yield by restaking iBGT rewards, LP staking in Kodiak, (보충 필요)
Deposit & Mint $LrBGT
Q4. What’s the difference between single-asset and multi-asset deposit?
Multi-asset deposit requires you to deposit $iBGT, $LAIR, and $WBERA in a fixed ratio.
Single-asset deposit lets you deposit only one token ($iBGT, or $WBERA), and the system swaps the rest to maintain the correct ratio.
Q5. How does the system calculate how many $LrBGT tokens I get? Based on your share of total value deposited into the vault, LrBGT is minted proportionally. Simulations and estimates are shown before confirming the transaction.
Q6. What happens if I don’t have enough of one asset during a multi-asset deposit? The interface will show an “Insufficient Balance” error and disable the ReStake button until corrected.
Rewards
Q7. What kind of rewards can I earn? Rewards come from:
iBGT staking yield (in HONEY and WBERA)
LP farming from Kodiak’s LAIR<>WBERA pool
Compounded iBGT farming
Q8. How are fees handled? Fees are deducted in WBERA after HONEY is swapped. Part of the rewards are swapped into LAIR to enhance the vault’s farming potential.
Q9. Do I need to manually claim my rewards? No. The protocol automates reward claiming, swapping, LP creation, and reinvestment through backend schedulers.
How to unstake?
Q10. How do I unstake my LrBGT? Input the amount of LrBGT you want to unstake. You will see an estimate of how much iBGT, WBERA, and LAIR you’ll receive. Once confirmed, LrBGT is burned and your assets are returned.
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