Strips Finance
Search…
⌃K

Staking

Stake to earn trading fees and rewards!

Staking in the AMM & Insurance

By staking in the AMM, you will receive 75% of the trading fees for the market, and any trading profits from the AMM. Backtests show that our AMM generates 22% APY with very low risk. Our simulations show the AMM has a median Sharpe ratio of 5.64 and Sortino ratio of 55.
By staking in the insurance, you will receive 25% of ALL market trading fees + 5% of ALL market realised profits + collateral from liquidated positions.

Getting Started

Step 1 - Buy some STRP tokens

You can buy STRP tokens on Sushiswap or at a number of centralised exchanges:
Sushiswap (Ethereum): https://bit.ly/30hDvzm
Sushiswap (Arbitrum): https://bit.ly/3HUyjlu
STRP Contract (Ethereum): 0x97872eafd79940c7b24f7bcc1eadb1457347adc9
STRP Contract (Arbitrum): 0x326c33fd1113c1f29b35b4407f3d6312a8518431

Step 2 - Add STRP-USDC Liquidity on Arbitrum Sushiswap (app.sushi.com/add)

  1. 1.
    You will need STRP and USDC on Arbitrum for this step (bridge from Ethereum to Arbitrum here)
  2. 2.
    Go to https://app.sushi.com/add/ and change your wallet to Arbitrum network (learn how to connect to Arbitrum here)
  3. 3.
    Select STRP and USDC in the dropdown selections
  4. 4.
    Approve and add liquidity to Sushiswap and confirm the transactions in your metamask wallet
You must stake STRP-USDC LP on Arbitrum (as LP tokens staked on ETHEREUM WON'T BE ACCEPTED for staking)
Approve and add liquidity for STRP and USDC

Step 2 - Deposit LP tokens (app.strips.finance)

Visit https://app.strips.finance. Click on Liquidity. Then click on DEPOSIT.
Strips staking page

Step 3

Enter the amount you would like to stake and click DEPOSIT

Step 4

Confirm the transaction in your wallet

In order to prevent large fluctuations in the liquidity of the AMM, there is a withdrawal fee of 2% if you withdraw liquidity before 7 days.