What we do
Leveraged Stake is a protocol that allows users to boost their staking yield utilizing debt capital.
Our primary products are Power LST vaults which allow you to deposit LST (liquid staking token, e.g. stETH) and earn amplified APY.
We are working on 3 vaults so far:
- ⚙️ Power Lido
- ⚙️ Power RocketPoool
- ⚙️ Power Coinbase
But to extract the full potential of Leveraged Stake we are developing a Power LST Basket, which is built on top of our Power LST vaults and provides better risk/reward ratios by balancing Power LSTs in the optimal combination.
Leveraged staking explanation
Our protocol is named after the leveraged staking DeFi strategy. It’s an approach that utilizes LST to increase the number of staked tokens, thereby increasing your APY.
Once you have LST, you can use it as collateral in lending protocols and borrow more ETH to stake. Based on this you can create leverage on your stake position as long as the borrowing rates are lower than the staking yield.
The rewards are calculated as follows:
Leveraged Stake DAO
Leveraged Stake protocol will be fully controlled by ⚖️DAO.
Governance participators will be able to choose incentives for Power LST vaults, vote for the next vault development and integrations, and more.