ETH-DAI

General Information

ETH-DAI strategy is available at: https://forcedao.com/strategies when your Web3 wallet is connected to the Polygon Network.

Category	Details
Symbol	xETH-DAI
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-DAI strategy, the "incentivized" financial market is SushiSwap, where yield is generated by:

• Pooling Fees: Native APY generated by providing liquidity to SushiSwap's ETH-DAI AMM pool.

• Compound Interest: Liquidating the SUSHI incentive rewards in exchange for ETH-DAI LP tokens, which is then reinvested into the user's original position.

Step-By-Step Explainer

1. To invest into the strategy, users deposit Sushiswap ETH-DAI LP tokens into the vault contract.

2. Upon deposit, they are issued a share of the vault, represented by xETH-DAI. These user's funds are then made available for investment according to the pre-defined "strategy" above.

Contracts

Type	Address
Vault	0x51eD427cf626344aB0eB9E4E5BdD4ADE5803ee1D
Underlying	0x6FF62bfb8c12109E8000935A6De54daD83a4f39f
Rewards Pool	0xc314183de29444d21991d1dba3133365909d8423