ETH-USDT

General Information
ETH-USDT strategy is available at: https://forcedao.com/strategies​
Category
Details
Symbol
xETH-USDT
Risk Profile
Low
Strategy
Pooling + Compound Interest
Protocols
SushiSwap
How does the strategy make money?
All Force "Yield Automation" strategies generate revenue by investing the asset a user deposits, into an "incentivized" financial market.
In the case of the ETH-USDT strategy, the  "incentivized" financial market is SushiSwap, where yield is generated by:
Pooling Fees: Native APY generated by providing liquidity to SushiSwap's ETH-USDT AMM pool.
.
Compound Interest: Liquidating the SUSHI incentive rewards in exchange for ETH-USDT LP tokens, which is then reinvested into the user's original position.
How does the reward boost work?
After a user deposits SushiSwap's ETH-USDT LP tokens into the vault, the contract automatically mints and transfers xETH-USDT tokens into the user's wallet.
The xETH-USDT tokens can then be "staked" into the rewards pool, where the user can then benefit from additional token rewards in the form of xFORCE.
xFORCE are the interest-bearing version of FORCE. xFORCE yield is generated by a buy back mechanism outlined in the economics section.
Step-By-Step Explainer
1.To invest into the strategy, users deposit Sushiswap ETH-USDT LP tokens into the vault contract.
2.Upon deposit, they are issued a share of the vault, represented by xETH-USDT. These user's funds are then made available for investment according to the pre-defined "strategy" above.
3.User's are able to deposit their xETH-USDT tokens into the "Rewards Pool" to receive an additional APY in xFORCE tokens.
Contracts
Type
Address
Vault
     0xF0b8F104426D75a096b1B4E218A84334159FFA1A​
Underlying
     0x06da0fd433C1A5d7a4faa01111c044910A184553​
Rewards Pool
     0x2E411e3c25CA31a2811d8B85c9f7A9a3f4826C8e​
​

DAI

ETH-USDC

Last modified 1yr ago

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General Information

How does the strategy make money?

How does the reward boost work?

Step-By-Step Explainer

Contracts