stBGT rewards for users with loans and loops are flowing
1) Claim rewards via the
@BakerDAO420 app, or via the
@merkl_xyz campaign page:
app.merkl.xyz/protocols/bake…
2) Rewards are calculated using: notionalPositionSize * sqrt(timeToExpiry)
3) Only positions opened or extended after block 5623025 (May 28th) earn stBGT. If you opened a position before that date and have not extended it since, extending it now will render your position eligible
Let's Bake (🍞,🍞)