Staking vault (Sonic)

Rings users can stake their scUSD or scETH to activate the native yield bearing properties of the assets, when staked the scUSD and scETH are sent to a Veda boring vault (on Sonic this time), automating farming strategies, rebalancing assets, and redistributing yield to stakers.

Staking of scAssets on Sonic to earn yield

Some of the criteria to whitelist strategies are the following:

• Fully audited;

• Pass our additional internal security Due Diligence;

• Protocol TVL great than $1M;

• The vault cannot be more than 25% of the TVL of where it deposits;

• Offering direct redeemability or an equivalent;

• No strategies leading to excessive impermanent loss;