Staked positions (spNFTs)
Camelot introduces a brand new liquidity approach based on non-fungible staked positions, dubbed spNFTs.
Each Camelot LP has its own staking positions (or spNFTs) that users can mint by wrapping LP tokens (i.e. depositing them on the relevant contract).
But staked positions are more than simple receipts: they replace the usual farms generating yield that you will find in most of the DeFi protocols, and also play the role of an additional layer of features offering unlimited new opportunities and potential extensions: