Welcome to another fMoney’s article, where we delve into one of our most powerful yet often overlooked features: 8020 staking, powered by BeethovenX. This dynamic system lies at the heart of our ecosystem, optimizing the utility of staked assets and unlocking a multitude of benefits for our users.

Enhancing Liquidity with 8020 Staking

Traditionally, staking tokens have been associated with stagnant assets, offering little to no added value. However, with 8020 staking, the story changes dramatically. By staking fBUX liquidity in a pool, along with 20% lzUSDC (soon to be migrated to USDC.e), users not only generate swap fees but also significantly boost the liquidity of the token while minimizing impermanent loss. This balanced approach ensures that users can enjoy the benefits of liquidity provision with minimal risk, fostering stability within the fMoney ecosystem and creating a win-win situation for all investors.

Accessing Beets Bribes

One of the unique advantages of 8020 staking is its integration with BeethovenX, allowing fMoney to tap into Beets bribes. Governed by community votes, BEETS emissions incentivize liquidity providers, offering lucrative returns that often surpass 100% of the “bribed” amount. This translates to enhanced rewards for fBUX stakers, making 8020 staking an attractive proposition for investors seeking to maximize their returns.

Forging Strong Relationships

We highly value collaborations within the Fantom DeFi ecosystem, and BeethovenX is one of the 2 main FTM native protocols that we leverage. Beyond 8020 staking, our collaboration extends to sFTMx, BeethovenX’s Yield-Bearing Liquid Staking Token of FTM, which is whitelisted on our Money Market. Leveraging other Fantom native projects, such as BeethovenX, expands the range of opportunities available to Fantom users, paving the way for future promising initiatives such as Boosted Pools.

Looking Ahead

As we continue to explore the possibilities of 8020 staking and strengthen our bond with BeethovenX, the future looks promising for fMoney and its community. We remain committed to providing useful products and services that empower our users and drive sustainable growth within the Fantom DeFi ecosystem.

In conclusion, 8020 staking represents a paradigm shift in the world of staking, offering a dynamic approach that maximizes returns and enhances liquidity. With fMoney leading the charge, users can unlock the full potential of their assets and participate in a new era of financial opportunities.