OmniVAULT — $LINA Vaults officially live
Online now! Activated for Yield Minting.
Presenting the latest addition to OmniVAULT yield minting - $LINA vaults.
By leveraging existing OmniSTEAKS farms, this new strategy on OmniVAULT is able to offer the same compound staking APY whilst allowing for Yield Minting $USDO stablecoins.
> $LINA Vault
Utilizes LINA staking on OmniFARMS:
https://app.ocp.finance/#/farms/farm-details/0x4151774A7286ae0012cfe506Db5970AF68b2cCE8
Yield accelerated by auto-collecting rewards, compounding users initial farm deposit.
How to _
Getting started
1:\
Visit OmniVAULT.ocp.finance.
Connect wallet.
2:\
Create Zap Contract.
This will manage users personal compounding vaults on the platform.
3:\
Stake.
For this guide will deposit full balance. Click [MAX] then [SUPPLY].
3:\
Success.
Deposited LINA is earning APY, compounding.
4:\
Mint USDO
Drag slider to desired amount.
Will mint half available or demonstration but can go as high as 90% - (Platform adds this 10% buffer to protect against liquidation.)
5:\
Profit!
Minted USDO can be traded for other major stables, staked in a number of farms, perhaps even swapped for more LINA to manually leverage your already compounding vault.
To unstake, simply reverse the steps. Repay minted $USDO and your deposited LINA is free to withdraw.
For more info and any further questions please reach out on our socials.
We are always active, and our most veteran and experienced community members ever eager to share their guiding wisdom.
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