New FUSE Staking page on Voltage Finance - Leverage All sFUSE Utilities
Voltage Finance is excited to announce the launch of our updated FUSE staking page. Featuring a sleek, user-friendly interface, the new page showcases all DeFi opportunities with sFUSE.
This update not only enhances the user experience but also consolidates all sFUSE utilities across various DeFi protocols on the Fuse network.
Let’s explore what sFUSE is and how you can maximize your earnings.
What is sFUSE?
sFUSE is the liquid staking token on the Fuse network. When you stake FUSE tokens on Voltage, you receive sFUSE in return. This token represents your staked FUSE and accrues staking rewards over time. The liquid nature of sFUSE means that you can use it across various DeFi protocols without having to unstake your FUSE tokens, thus ensuring continuous staking reward accumulation while engaging in other earning opportunities.
The New UI: All sFUSE Utilities in One Place
The revamped staking page now features a comprehensive and intuitive interface that brings all sFUSE utilities under one roof. Users can seamlessly navigate through various earning strategies and easily participate in multiple DeFi protocols.
Maximizing Earnings with sFUSE: Opportunities Across DeFi Protocols
Staking & Providing Liquidity on Voltage Finance
1. Staking FUSE to Receive sFUSE
Staking your FUSE tokens to receive sFUSE is the first step in unlocking multiple earning potentials.
- Connect your wallet to Voltage Finance.
- Navigate to the “Earn” section and select the Fuse staking option.
- Enter the amount of FUSE you want to stake and confirm the transaction.
2. Providing Liquidity to v3 Pools
Providing liquidity to v3 pools on Voltage Finance allows you to earn trading fees. When you add liquidity, you facilitate trades on the platform, earning a portion of the fees generated from these transactions.
- Go to the “v3 Pools” section on Voltage Finance.
- Choose a liquidity pool (sFUSE/FUSE or MST/sFUSE).
- Deposit the required tokens into the pool and confirm the transaction.
3. Depositing sFUSE in its v2 Farm
Depositing sFUSE in the single side v2 farm lets you earn additional rewards on top of your staking returns.
- Navigate to the “Farms” section on Voltage Finance.
- Select the sFUSE farm and deposit your tokens.
Advanced DeFi Strategy: For those looking to maximize their returns, you can loop your earnings by:
- Depositing sFUSE in farms.
- Earning additional VOLT from farming rewards.
- Swap the VOLT for FUSE
- Re-staking the newly earned FUSE to earn even more.
Warning: This strategy amplifies your market exposure and increases the complexity of managing your position. Ensure you understand the risks and monitor your investments closely.
Depositing sFUSE as Collateral on Shoebill Finance
Using sFUSE as collateral on Shoebill Finance allows you to borrow other assets while continuing to earn staking rewards. This strategy provides liquidity without sacrificing your staking income.
- Connect your wallet to Shoebill Finance.
- Navigate to the “Lending” section.
- Select “Supply” and deposit your sFUSE tokens.
- Confirm the transaction to use sFUSE as collateral.
Advanced DeFi Strategy: To further leverage your position, you can:
- Deposit sFUSE on Shoebill Finance to borrow FUSE.
- Stake the borrowed FUSE on Voltage Finance to receive more sFUSE.
- Repeat the process to multiply your returns.
Warning: This looping strategy increases your debt and the risk of liquidation. It is crucial to understand the risks and manage your positions diligently.
Depositing sFUSE as Collateral on Meridian Finance
Similar to Shoebill Finance, Meridian Finance lets you deposit sFUSE as collateral to borrow assets. This approach enables you to leverage your sFUSE holdings for additional financial opportunities.
- Connect your wallet to Meridian Finance.
- Go to the “Deposit” section.
- Select sFUSE and enter the amount you want to deposit.
- Confirm the transaction to start earning deposit APY.
Advanced DeFi Strategy: For higher yields, you can:
- Deposit sFUSE as collateral on Meridian Finance to borrow FUSE.
- Stake the borrowed FUSE on Voltage Finance to get more sFUSE.
- Redeposit the newly acquired sFUSE to earn additional yield on Meridian.
Warning: Engaging in multiple loops increases your risk of liquidation and debt. Ensure you have a thorough understanding of the risks and closely monitor your positions.
Leverage Trading with sFUSE on Lynx Finance
Leverage trading on Lynx Finance using sFUSE allows you to amplify your trading position. By using sFUSE as collateral, you can increase your potential returns from market movements.
- Connect your wallet to Lynx Finance.
- Provide sFUSE liquidity to the Liquidity tab
- Navigate to the “Trade” section.
- Select the leverage multiplier (e.g., 10x) and enter the amount of sFUSE as collateral.
- Set your stop loss and take profit levels.
- Confirm the transaction to open a leveraged position.
New Layers of Opportunity on the Horizon
The Fuse DeFi ecosystem is rapidly expanding, with new protocols and opportunities continually emerging. As more projects launch on the Fuse network, the utility and earning potential of sFUSE will continue to grow. Stay tuned for more updates and opportunities to maximize your earnings with sFUSE.
Start staking your FUSE today and unlock the full potential of sFUSE across multiple platforms.
