Liquid Staking
Liquid staking on Refluid unlocks the true value of staked assets by allowing users to mint refTokens against their staked positions. With liquid staking, users can maintain exposure to their assets while simultaneously accessing liquidity to participate in decentralized finance activities, maximizing their earning potential and financial flexibility.
How it Works:
Stake Assets: Users stake their crypto assets on Refluid's platform to generate refTokens, which represent their staked positions in the protocol.
Mint refTokens: Users can then use their refTokens as collateral to mint refTokens, which can be used as collateral to borrow stablecoins or participate in other DeFi activities.
Participate in DeFi: Users can use their borrowed stablecoins or refTokens to participate in various DeFi activities, including yield farming, liquidity provision, decentralized exchange trading, and more.
Earn Rewards: Users continue to earn staking rewards on their staked assets while simultaneously participating in DeFi activities and earning additional rewards, maximizing their overall yield generation potential.
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