Grim Vaults (V2)
Compounding yield optimizer for AMM (automated market maker) farms.
All Grim Vaults run an auto compound (harvest) action to convert farming reward tokens into additional LP on behalf of the user. These LPs are reinvested automatically into the pool for a compounding effect.
- Compound reward tokens issued by the AMMs into staked LP by selling the rewards and pooling them again as LP.
- Compound event occurs in multiple cycles per day, depending on the vault balance (see harvest schedule).
- Receipt tokens are issued to the user upon each vault deposit representing your share of the vault which are used to withdraw profits (ex. G-1-ETH-FTM, see receipt tokens)