Synthetic Staking
  • Page
  • ⚛️What is synthetic staking?
  • ⚖️How does this generate yield?
    • Cash and Carry Arbitrage
    • Hedged Carry Trade
    • Airdrop Farming
    • Depeg Arbitrage
  • 🪙ySOL and yUSD Tokens
  • 🤝Deposit
  • 🙏Withdrawal
  • 📈Pool performance
  • 💸Costs and Fees
  • ⚠️Risks and disclaimers
  • 🏊‍♂️Pool limits
  • 🔮Oracles
  • ❓FAQ
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  • ySOL Token
  • yUSD Token

ySOL and yUSD Tokens

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Last updated 8 months ago

When you stake an asset to a Synatra Pool, you will receive a receipt token that provides a claim to a share of the pool along with its yield.

ySOL Token

ySOL is the receipt token to claim your SOL from the Synthetic Staking for SOL pool. Token Supply is based on the amount of staked SOL. Token address:

Stakers in Phase I were airdropped ySOL at a rate of 1 ySOL per 1 SOL deposited. Future stakes were based on the share value at the time of deposit.

yUSD Token

yUSD is the receipt token to claim your USDC from the Synthetic Staking for USDC pool. Token Supply is based on the amount of staked USDC. Token address:

Initial stakers were airdropped yUSD at a rate of 1 yUSDC per 1 USDC deposited. Future stakes were based on the share value at the time of deposit.

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yUSDX7W89jXWn4zzDPLnhykDymSjQSmpaJ8e4fjC1fg