How can users benefit from sKCS.io?
Last updated
Last updated
The sKCS token is the same as the KCS token, and liquidity and pledge transactions can be added to the KCC ecosystem to obtain a higher APR. Take lending and DEX as examples to explain how to earn higher yields.
The user pledges KCS to the sKCS contract, the user can get sKCS, and the rate of return is recorded as APR1
The user will get sKCS and USDT to form an LP pledge in MojitoSwap to get MJT, and the income is recorded as APR2
The user pledges the obtained MJT to the automatic pledge pool to obtain MJT, and the income is recorded as APR3
Then the total rate of return obtained by users staking KCS is APR1+APR2+APR3
The user pledges KCS to the sKCS contract, the user can get sKCS, and the rate of return is recorded as APR1
The user deposits sKCS into the lending Dapp to obtain the deposit income, which is recorded as APR2
After the user deposits sKCS and lends KCS, and obtains income, it is recorded as APR3
The user re-pledges the borrowed KCS to the sKCS contract to obtain new sKCS income.