Staked WEMIX Leverage
Leverage Staked WEMIX rewards
Staking rewards for WEMIX with Wemix Liquid Staking stWEMIX token is currently at 10~11% APY. Users can leverage staked WEMIX rewards as below:
1️⃣ Deposit stWEMIX 
on Shoebill V2
2️⃣ Borrow WEMIX 
3️⃣ Deposite WEMIX on WEMIX.FI and exchange to stWEMIX
4️⃣ Deposite stWEMIX on Shoebill V2 again
5️⃣ Repeat other process
Users can leverage for higher APY with low liquidation risk
How does Shoebill returns staking rewards cumulated to stWEMIX?
stWEMIX is reward accuring token of which the exchange rate increases based on the value comparing to WEMIX. Shoebill V2 returns the exact quantity to the depositors.
Where can I get stWEMIX?
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