Use Cases

Leveraged Staking

Deposit Liquid Staking Assets as collaterals to borrow underlying tokens (i.e., deposit rETH to borrow ETH). You can use the borrowed underlying tokens for leveraged staking by converting it into Liquid Staking Assets then depositing them back as collaterals to harvest higher staking yields.

Access Immediate Liquidity

Deposit Liquid Staking Assets as collaterals to borrow underlying tokens (i.e., deposit rETH to borrow ETH). You can then trade for instant liquidity of underlying tokens during the bonding period.

Borrow at Attractive Rate

Use Liquid Staking Assets as collateral to mint USX (dForce stablecoin pegged to US dollar). You can then use them to borrow out other assets.

Higher Saving Rates

Holders of underlying tokens (ETH, DOT, ATOM, FIL, XTZ, etc) are able to achieve a higher savings yield by lending underlying tokens to Liquid Staking Assets holders (for leverage staking and loans).

Liquidity Mining

Farm LQE token by participating in lending activities. Users can yield additional FIS by lending and borrowing rTokens, and DF token by minting USX (from 27 August to 10 September) against your deposit on Liqee.