@Shade_Protocol has a new pool under their swap-tab: SILK-USK LP, a stable-stable pool, which is currently incentivized at 52% APY!
The SILK-USK LP, staked on @Shade_Protocol, pays yields 50/50 in $SHD (their protocol token) and in $KUJI.
Sweet!
As you can see above, you can stake by
- providing SILK-USK LP tokens OR
- by asymmetric provisioning ('zapping') $SILK or $USK tokens.
You mint $SILK-tokens by going to their borrow-tab and providing collateral, such as, e.g.: $stATOM or $axlUSDC, which I think is cool.
Which begs the question: I wonder when they are going to allow $USK as collateral to mint $SILK?
@Shade_Protocol: thoughts?
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