Yield & Rewards
Users can earn yield by depositing assets into a pool in exchange for LP tokens. Funds that are deposited into Backd pools earn compounded yield from strategy profits and platform fees. Meaning, rather than individually collecting earned interest, LP tokens appreciate over the underlying pool liquidity (i.e. the liquidity LP tokens represent increases in value over time).

Backd Governance Token Rewards

In addition to yield generated by the strategy, users can stake their LP tokens to earn Backd governance token rewards. These will be emitted on a per-block basis to LP token stakers.
LP tokens and rewards can be withdrawn or claimed at anytime