Force DAO
AppVoteBlog
  • 👋 Welcome
  • 💡User Guides
    • FORCE Token Guides
      • How to acquire FORCE tokens.
      • How do I add FORCE to my wallet?
      • How do I participate in the FORCE Geyser?
    • How do I deposit in a Yield Automation vault?
    • How do I acquire Sushi SLP tokens?
    • How do I acquire 3CRV tokens?
    • How do I bridge assets to Polygon?
  • PRODUCTS
    • 🔷Ethereum
      • 3CRV
      • USDC
      • USDT
      • DAI
      • ETH-USDT
      • ETH-USDC
      • ETH-DAI
    • 🌀Polygon
      • ETH-MATIC
      • ETH-USDT
      • ETH-USDC
      • ETH-DAI
      • USDC-USDT
  • STRATEGISTS
    • 🏆Force Prize
  • ECONOMICS
    • 🔮FORCE Token
    • 🪂FORCE Airdrop
  • GOVERNANCE
    • 🏛Overview
    • 🗳️ Voting
  • Developers
    • Contract Registry
  • RESOURCES
    • 👨‍💼Careers
    • FAQ
    • Risks
    • Core Contributor Program
    • Terminology
  • Force DAO Links
    • Website
    • Vote
    • Forum
    • Discord
    • Telegram
    • Twitter
    • Medium
    • GitHub
Powered by GitBook
On this page
  • General Information
  • How does the strategy make money?
  • Step-By-Step Explainer
  • Contracts

Was this helpful?

  1. PRODUCTS
  2. 🌀Polygon

ETH-MATIC

Previous🌀PolygonNextETH-USDT

Last updated 3 years ago

Was this helpful?

General Information

ETH-MATIC strategy is available at: when your Web3 wallet is connected to the Polygon Network.

Category

Details

Symbol

xETH-MATIC

Risk Profile

Medium

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-MATIC strategy, the "incentivized" financial market is SushiSwap, where yield is generated by:

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

  • Compound Interest: Liquidating the SUSHI incentive rewards in exchange for ETH-MATIC 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-MATIC LP tokens into the vault contract.

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

Contracts

Type

Address

Vault

Underlying

Rewards Pool

0x7400DFCd9a001B15Affa0c5e2ED23C4fF25095A0
0xc4e595acDD7d12feC385E5dA5D43160e8A0bAC0E
0xa51d2cad8a0c6b5fbea86faf91b64dc8238c98d8
https://forcedao.com/strategies