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Matic-MaticX LP is Live on QuickSwap
We are excited to announce that our first ever Matic-MaticX pool is live on the biggest DEX on Polygon-QuickSwap.
In addition, the Stader X QuickSwap integration is also bringing to you an SD-USDC pool and a Syrup pool (both to be live soon).
If you haven’t staked your Matic with Stader yet, you can now get your hands on some MaticX without incurring high gas fees.
If you’ve already staked your Matic with Stader, you will soon be able to earn three-layered rewards by providing liquidity on QuickSwap: Staking Rewards, SD tokens and Quick!
Hop on here and check it out.
To get your hands on MaticX, you can stake your Matic on Stader. Click here.
Since Stader’s v1 solution is on the Ethereum mainnet you might incur high gas fees while staking your Matic. (Don’t worry V2 is coming in a few weeks where we’ll enable staking directly on Polygon mainnet.)
But here’s the good news!
Stader aims to offer a seamless and rewarding experience to all its stakers. This is why it is solving this issue too by allowing you to swap your Matic for MaticX on QuickSwap which is on the Polygon mainnet and lower your incurred gas fees to a great extent.
Once you have your MaticX you will soon be able to use it on several other Defi protocols such as Market, Impermax, QiDao, Beefy Finance and more to magnify your yields!
Swap your Matic for MaticX at lower gas fees here.
You can earn three-layered rewards by feeding the Matic and MaticX pool pair in QuickSwap once the rewards go-live on April 27
Staking Rewards:
First come first, when you first stake your Matic with Stader, you will earn an ~8.5 % APY as staking rewards along with MaticX tokens.
Dual-Mining Incentive:
When you start feeding funds into the Matic and MaticX pools on QuickSwap, you’ll be eligible to get double rewards in the form of SD tokens and Quick. More details on the exact rewards coming soon!
Swap Fees:
As a feeder of the pool, you’ll also be eligible to earn Swap fees that were paid by anyone who swapped their Matic for MaticX or vice versa on QuickSwap.
Start feeding the pool here.
The SD tokens that you’ll farm by feeding the Matic-MaticX pool can be used to feed the SD-USDC pool for more gains.
More so, you can also put your QUICK in the Syrup pool (to be live soon) for more SD tokens as rewards and put it into the SD-USDC pool again and continue the reward loop!
Remember that Polygon’s staking protocol is native to Ethereum, so v1 only supports staking on Ethereum. Thus in order to access the QuickSwap LP on the Polygon Mainnet, you will need to bridge MaticX over to Polygon.
You can go to this link to bridge. The MaticX token address is 0xf03A7Eb46d01d9EcAA104558C732Cf82f6B6B645.
If you need a more detailed guide you can refer to this blog
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By:
Stader Labs
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