How to earn higher yields?
Last updated
Last updated
There are multiple DeFi strategies to maximize yields on NovaSwap. These often involve staking and restaking strategies on different protocols before depositing the yield bearing asset into Nova Swap.
Here are some methods to maximize yields on NovaSwap:
Method 1: Stake $ETH into Lido → stake $stETH into Puffer → deposit $pufETH into zkLink Nova → add liquidity on NovaSwap
Method 2: Bridge $ETH to Linea → stake $ETH into Renzo/EtherFi → deposit $ezETH/$eETH into zkLink Nova → add liquidity pool on NovaSwap
Method 3: Stake $ETH into Stader → stake $ETHx into KelpDao → deposit $rsETH into zkLink Nova → add liquidity on NovaSwap
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We'll show you the first way in the following:
Stake your $ETH into Lido and get $stETH, and earn LSD yield.
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Stake your $stETH into Puffer and earn Puffer point.
Deposit your $pufETH into zkLink Nova and get zkLink NOVA point.
Add the pool of $pufETH and ETH/USDT/USDC to NovaSwap.
This method will give you up to four layers of rewards. These are, staking rewards from Lido, Puffer Points, trading fees from zkLink Nova and NOVA points.
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Follow the guide !