🤔 What Does LST Transform Do
LST Transform primarily focuses on converting SUI collateral into yield-bearing LST $afSUI, $haSUI, $vSUI
Strater supports this strategy on
@bucket_protocol
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Replies
💡Understanding LST Transform
Depositing $SUI on Bucket, Scallop, and Navi doesn't grant direct access to staking yield.
Yet, holding LST as collateral yields ~4% APY effortlessly.
But, navigating through annoying steps...
Let's dive in 🧵
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To benefit, repay all debts, withdraw SUI, and stake at
@AftermathFi
@HaedalProtocol
@volo_sui
to receive $afSUI $haSUI $vSUI
Then, return to the platform to use it as collateral.
Are all these steps annoying, right ?
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🤔 How does it work
• Flash loan BUCK to repay the debt and retrieve SUI collateral.
• Stake SUI to obtain LST.
• Deposit LST into Bucket and borrow BUCK.
• Repay the flash loan with the borrowed BUCK.
With Strater, complete LST transform in one click.
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If you had SUI collateral on
@bucket_protocol
• Go to LST transform page
• Input desired percentage for each LST (set 100 if needed).
• Click transform.
Done ✨
Your collateral is now yield-bearing LST.
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That's a wrap.
Stay tuned for more details and support for additional protocols coming soon 👉🏻
@strater_sui
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For advanced strategy, check out this thread :
🔥 Discover the power of Leverage and Leverage Staking Strategy with
@SuiNetwork
as we grow. We're diving in today's thread !
🔹 Leverage - Amplify yields on
@Scallop_io
@bucket_protocol
🔹 Leverage Staking - Enable LST yield at most 3x
Details 👇🏻
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@strater_sui
@bucket_protocol
Waiting for 7x in
@bucket_protocol
strategy...I'm degen enough to enjoy the 7x Leverage hehe
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