It's an interesting way to balance the APR. I haven't deposited much there but I do think my LEN tokens have added up lately. I haven't done anything with it so I might have to add it to the pool later.
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When adding value to the reward pool, indirectly it is giving value to the token as such. It gets an interesting use case where you can get an nice reward by staking the token in a liquidity pool. This increases demand for the token. If the price goes up, then the APR for staking LENM goes up as well. It's working quite well I believe :-)