ETH-MATIC
Last updated
Was this helpful?
Last updated
Was this helpful?
ETH-MATIC strategy is available at: https://forcedao.com/strategies when your Web3 wallet is connected to the Polygon Network.
Category
Details
Symbol
xETH-MATIC
Risk Profile
Medium
Strategy
Pooling + Compound Interest
Protocols
SushiSwap
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.
To invest into the strategy, users deposit Sushiswap ETH-MATIC LP tokens into the vault contract.
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.
Type
Address
Vault
Underlying
Rewards Pool
