Vault Overview
The SoDEX Liquidity Provider (SLP) is a community-owned Market Making Pool that forms the core liquidity reserve of the SoDEX ecosystem. It bridges capital seeking stable yield with professional market-making strategies, empowering SoDEX’s on-chain order-book markets with deep and efficient liquidity.The SLP offers participants an “Earn” pathway, enabling them to deposit eligible assets into Market Making Pools to share in SoDEX’s liquidity revenues, while continuing to enjoy the underlying index staking yields and SOSO airdrop eligibility.
sMAG7.ssi Vault
The sMAG7.ssi Vault enables holders of sMAG7.ssi tokens to participate directly in SoDEX’s liquidity-provision mechanism.By depositing sMAG7.ssi into the vault, users become passive market makers in SoDEX’s professional order-book system, sharing a proportional part of market-making revenue generated across supported trading pairs.
Dual Yield Mechanism
Vault participants benefit from a dual-source yield model:
Index Yield: Deposited
sMAG7.ssitokens continue to accrue their regular index staking yield and remain eligible for SOSO airdrop calculations.Market-Making Yield: The same deposit is simultaneously utilized for market-making activities within SoDEX, earning a share of the exchange’s liquidity rewards and fee rebates.
This model allows users to enjoy compound yield exposure without manually managing liquidity or positions.
Deposits & Withdrawals
Deposits: SoDEX Liquidity Provider (SLP) accepts MAG7.ssi and sMAG7.ssi. Depositing MAG7.ssi will automatically stake it to sMAG7.ssi for vault use. Deposits are credited immediately with no lock-up.
Withdrawals:
Withdrawing sMAG7.ssi is instant and has no lock-up.
If you wish to withdraw as MAG7.ssi, you must initiate an unstaking process, which involves a 14-day unlocking period. During this time, your assets will not earn vault rewards.
Depositing MAG7.ssi/sMAG7.ssi into the SLP Vault does not affect the earning of SSI reward.
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