> For the complete documentation index, see [llms.txt](https://docs.shoebill.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.shoebill.finance/investment-strategy/staked-usdc-wusdm-leverage.md).

# Staked USDC (wUSDM) Leverage

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This investment strategy can be proceeded on **MANTA PACIFIC** network
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## Leverage Staked USDC (wUSDM) rewards

Staking rewards for USDC with Mountain Protocol Liquid Staking wUSDM token is currently at around 5% APY. In addition to that, Manta Pacific Network is providing MANTA token reward at the same time. Users can leverage staked USDC rewards as below:

**1️⃣** Deposit **wUSDM**<img src="/files/kiCXDVtqriV1g9jKzCxg" alt="" data-size="line"> on Shoebill V2&#x20;

**2️⃣** Borrow **USDC**<img src="/files/Get5cPTvgQzFJ0pilSUT" alt="" data-size="line"> or **wUSDM**<img src="/files/w2mOF6YjvEpRwyeWXSt5" alt="" data-size="line">

**3️⃣** Deposite **USDC** through [**Manta New Paradigm**](https://newparadigm.manta.network?inviteCode=AUPB6) and exchange to **wUSDM**

**4️⃣** Deposite **wUSDM** 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 wUSDM?

**wUSDM** is reward accuring token of which the exchange rate increases based on the value comparing to **USDC**. Shoebill V2 returns the exact quantity to the depositors.

## Where can I get wUSDM?

[**Acquiring wUSDM on Manta New Paradigm**](https://newparadigm.manta.network?inviteCode=AUPB6)