Use-Cases

Expanding the flexibility and liquidity of SWTH

There are many use-cases for Liquid Staked SWTH (lsSWTH).

Increased Liquidity of SWTH

lsSWTH can help to increase the liquidity of the SWTH market. By providing a liquid market for staked SWTH, lsSWTH can attract more liquidity to the ecosystem, which can help to increase the overall value of the SWTH token. Additionally, the increased liquidity can help to reduce volatility and improve price stability.

Maximized Yield

lsSWTH empowers stakers to maximize the returns on their staked SWTH assets. This is done by allowing stakers to (i) continue to secure the Carbon blockchain and (ii) earn staking APY, while also engaging in various DeFi activities:

• Earn maker rebates by providing liquidity to lsSWTH/SWTH pool on Demex

• Earn Lending APY by lending lsSWTH out on Nitron

The rSWTH-SWTH lending pool on Nitron will be incentivized with $FIS and $SWTH tokens soon.

• Deposit lsSWTH as collateral to borrow other yield-generating assets on Nitron

• Deposit lsSWTH as collateral to mint $USC on Nitron

Greater Flexibility in Asset Management

By allowing stakers to trade their staked SWTH for lsSWTH, they can use their funds for other purposes without having to wait for the staking period to end. This can be particularly useful for users who need access to their funds for unexpected expenses or investment opportunities.

Improve Overall Health of the Network

lsSWTH can benefit the Carbon ecosystem by increasing the number of stakers participating in the ecosystem. By providing a more flexible staking option, lsSWTH can attract more users who may have been hesitant to stake their SWTH due to the lock-up period. This can help to increase the security and decentralization of the network, making it more attractive to developers and investors.

Higher Revenue for Validators

With the possibility of liquid staking, validators can attract more stakers, increasing their revenue and profits. This can in turn incentivize more validators to participate in the network, leading to a more secure and decentralized ecosystem.

To become a validator, click here.