Pool 0FX/wstETH

0FX / wstETH Pool Overview

The 0FX / wstETH pool pairs the 0Fx Protocol token with Wrapped Staked Ethereum (wstETH), the staked and wrapped version of Ethereum managed by Lido Finance.

Key Benefits

• Stacked Ethereum Exposure: Liquidity providers and 0FX token holders benefit from staking rewards through wstETH, ensuring continuous yield accumulation on top of regular holdings or liquidity provision.

• Higher APY for Liquidity Providers:Enhanced annual percentage yields compared to a standard ETH pool due to stacking rewards embedded in wstETH.

• Seamless User Experience: Inner's routing system abstracts complexity, allowing easy swaps of 0FX and ETH tokens in a single transaction.

How It Works

• The pool holds 0FX and wstETH tokens, enabling trading between them.

• Inner’s smart routing makes swapping from 0FX to ETH (or vice versa) straightforward and efficient, using wstETH.

Future Developments

• A stacked version of the 0FX token may be introduced for a fully stacked liquidity pool.

• Products by the ReStacks aggregator will be used, creating auto-aggregated liquid staking tokens.

• New liquidity pools may feature a stacked version of the 0FX token or ReStacks' heterogeneous staking tokens.

Conclusion

This innovative stacking approach maximizes returns for both token holders and liquidity providers while maintaining seamless trading. It positions Inner and the 0Fx ecosystem at the forefront of DeFi innovation by integrating advanced staking mechanisms into liquidity provision.