# Staked WEMIX Leverage

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This investment strategy can be proceeded on **WEMIX** network
{% endhint %}

## 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 <img src="https://content.gitbook.com/content/fBmjAYeWWSAQQ1kv1IIx/blobs/T1csfda50EwyAX30bxBV/image.png" alt="" data-size="line"> on Shoebill V2&#x20;

**2️⃣** Borrow WEMIX <img src="https://content.gitbook.com/content/fBmjAYeWWSAQQ1kv1IIx/blobs/VQpmDAHsqEYiH9F2CDaT/image.png" alt="" data-size="line">

**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?

[**Acquiring stWEMIX on WEMIX.FI**](https://wemix.fi/staking/liquid)


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