What is Liquid Staking?? - Super simple explanation w/bonus Yield Farming strategy ✅ #shorts

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Издатель Sep 1, 2022

Liquid Staking is the next level of staking as you can earn multiple rewards and not have to deal with the burdens of your coins being locked up! When you stake with a Liquid staking protocol, you receive a token pegged to what you locked up. Then, you can use that token as collateral in your yield farming strategy.

Example:
Go to https://staderlabs.com/ to liquid stake your $MATIC on Polygon,
get a Juicy 6%, And receive your $MaticX tokens in return.
Then supply those $MaticX on https://0vix.com to earn more yield.
Even borrow agents it, all at the same time.
A great foundation for any yield farming strategy. That’s #DefiMadeEasy

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0VIX is a state-of-the-art #DeFi lending protocol based on #Polygon with Quantitative In-House Risk Assessment for rigorous stress testing, so #0VIX stands up to volatility even on the worst days of the market.

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Not financial advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Always do your own research.