The strategy actively interacts with the $MUXLP token to maximize yield by leveraging staking and auto-compounding functionalities.
In a systematic manner, the strategy consistently gathers ETH rewards, which are subsequently utilized to mint additional $MUXLP tokens. These newly minted tokens are then staked within the protocol, effectively reinvesting the rewards back into the system.
By seamlessly integrating this auto-compounding feature, the strategy significantly amplifies the overall yield potential. Users can effortlessly accrue an ever-growing quantity of $MUXLP tokens over an extended period, eliminating the requirement for manual intervention. This streamlined approach ensures continuous optimization and maximization of returns.
The sARB strategy employs an advanced approach to optimize yield by utilizing $ARB as collateral within the Silo Finance ecosystem.
At regular intervals, the strategy diligently captures the enticing $SILO rewards, swiftly converting them into $ARB. This seamless conversion process is followed by an automated compounding mechanism, where the converted $ARB rewards are ingeniously employed as supplementary collateral in the form of sARB.
By integrating this innovative auto-compounding feature, the strategy significantly amplifies the yield output, empowering users to effortlessly accumulate a progressively larger stash of $ARB tokens over an extended timeframe. This revolutionary approach eliminates the need for manual intervention, ensuring a seamless and uninterrupted yield accumulation journey.