Thread by @beluga_fi

1/ Beluga is more beneficial for farming #tombfork protocols than traditional autocompounders. As a user you can also earn higher yields on Beluga's maximizer vaults than staking in a traditional autocompounding vault.

Thread below 🧵 👇

2/ Beluga's maximizer vaults work differently than traditional autocompounding vaults.

Instead of selling all shares back into the deposited LP to compound yields, Beluga uses these shares to stake into the liquidity pool. This in turn helps bootstrap a liquidity pool.

3/ As a user, you are paid in these LP tokens in the form of a deposit into the LP's corresponding vault, meaning, you are earning yield which then generates yield within itself, allowing for yield on top of yield!

Here is a diagram made by a community member on these vaults:

4/ These vaults yield more benefit to #tombfork protocols than traditional autocompounders as they are not vampiric through autoselling shares into deposited LPs, plus the protocol's users reap the benefit of these maximizer vaults.

5/ Maximizers also provide more exposure to the price of shares for the user. If you have say $TOMB - $FTM LPs, if you were to autocompound, you would be earning more of those LPs, but in turn, would be missing out on the potential price action on $TSHARE.

6/ Beluga fills this gap through giving you control over your yield. You can withdraw your earned vault shares whenever you please and your earned shares will always be appreciating in value as long as you are holding them!

7/ Tl;dr, with Beluga, you can earn the best yields on your #tombfork assets through Beluga's maximizers which are more beneficial for the protocol!

So what are you waiting for? Start earning today!

👉 app.beluga.fi