We’re excited to announce the integration of sA0, the liquid staking token from Ike, into the Common AMM. This opens a way to benefit from both staking rewards and actively using Common.
Here’s what’s in store for you!
sA0 Swaps and Liquidity Provision Now Available
You can now swap sA0 with other tokens on the Common AMM or join the liquidity pools (LPs) to earn rewards while supporting the network. Whether you’re looking to make seamless trades or maximize your staking efficiency, sA0 opens up exciting possibilities. It’s worth noting that thanks to our Smart Routing feature, even if there are no direct pairs with sA0, swaps can still be executed through multi-step paths.
Liquidity Bootstrapping Farming Rewards for the sA0 <> AZERO Pool
Initial liquidity on sA0 <> AZERO pair is already supported, with an additional incentive to bootstrap the liquidity. Participants in the sA0 <> AZERO pool can now enjoy farming rewards to encourage active participation and ensure the pair can be used.
The reward rates on other farming pools have also been updated–if you’ve been participating in one of these pools, you don’t need to do anything–you’ll continue getting these rewards.
Why sA0 Matters
sA0 represents liquid staking at its best, offering the ability to earn staking rewards without locking up your AZERO entirely. With this integration, Common takes another step forward in providing tools that align with the needs of a modern, privacy-enhanced DeFi ecosystem.
You can now execute on various strategies to maximize your yield!
How to get started?
Ready to dive in? Here’s how:
- Get sA0: Stake on Ike.xyz or swap your AZERO for sA0 on Common AMM.
- Swap: Use Common AMM to trade sA0 with other tokens effortlessly.
- Provide Liquidity: Join the sA0 <> AZERO pool to provide liquidity.
- Earn Rewards: Enter one of the available farms to get additional yield on top of your holdings.
Stay tuned for more updates as we continue to expand the functionality of Common and bring you closer to a seamless, privacy-first DeFi experience.
