[AWAITING] Aave Stader 1inch Balancer Leveraged Staking

[a17]

AS1BLS | AaveStader1inchBalancerLeveragedStakingStrategy

Status: AWAITING

Status will be changed soon.

Description

How does it work?

When entering:

1. Flashloan MATIC (about 5 times the principal) from Balancer.
2. Stake MATIC for MATICX on Stader or swap MATIC for MATICX on 1Inch, whichever approach is more cost-effective (swap if the price rate is 0.2% above the stake rate).
3. Deposit MATICX from step 2 on AAVE V3, then borrow MATIC to repay the flashloan.

When withdrawing:

1. Flashloan MATIC (About 5 times the principal) from Balancer.
2. Repay the debt on AAVE V3, then withdraw all MATICX.
3. Swap a part of MATICX for MATIC on 1Inch to repay the flashloan.

Liquidation Protection
To further alleviate the risks related to leverage, this strategy comes with the ‘’Flash-Repay’’ automated function. If your collateral ratio was to rise above 90%, the system would automatically de-leverage your position in order to avoid liquidation (95%). This extra layer of protection was implemented to offset possible De-Peg events.

CIAN | (6X) MATICX/MATIC Recursive Staking

Networks

• Polygon

Base contracts

• LeveragedLending

Adapters

none