Half & Half Strategy

Similar to the PulseStacker strategy, Half & Half leverages the increasing value of PLS in the Vault to mint more stablecoins to stake in the stability pool. The yield from the Stability and Staking Pools is used to increase the trove/vault collateralization ratio and maximize the staking pool exposure.

  1. Deposit collateral into a trove/vault

  2. Mint enough USDL to maintain a 1000% collateralization ratio. This ratio will withstand up to an 89% loss in collateral value before there is risk of liquidation.

  3. Newly minted USDL is staked into the Stability Pool.

  4. Claim liquidation rewards in PLS and deposit into trove/vault to increase collateralization ratio.

  5. Claim LOAN rewards and stake in the Staking Pool.

  6. Claim staking pool rewards and route USDL to stability pool and PLS to trove/vault.

  7. Every time the collateralization ratio increases to 1010%, take another loan and repeat the process.

Last updated