Sirius Finance
  • Welcome to Sirius Finance
  • Get started
    • What is stablecoin AMM?
    • Why Sirius Finance?
    • Why on Astar Network?
    • Sirius Finance pools and algorithm
    • How to gain SRS&veSRS?
    • How does voting right work?
    • Roadmap
  • FAQ
    • Why my $ORU unlock date keep extending?
    • How does the voting mechanism work?
    • Why did my transaction fail?
    • How does unstable crypto pool work?
  • User Guidance
    • Add Astar Network to yourMetamask
    • Add assets to your Metamask
    • Create a Polkadot.js wallet
    • Transfer assets to Astar Network
    • Swap to have the best combo of assets
    • Gain 4SRS LP tokens
    • Earn SRS
    • Join the governance and vote
    • How to withdraw your assets
    • Why is veSRS worth earning
  • Risks
    • Risks of using Sirius Finance
    • Permanent loss of a peg
    • Audits
  • Join Sirius Community
    • OG enrollment program
    • Kickoff rewards program
    • Early adopter program
  • Development
    • Smart Contracts
      • Swap
      • Pool
      • Farming
    • Frontend
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How to gain SRS&veSRS?

PreviousSirius Finance pools and algorithmNextHow does voting right work?

Last updated 3 years ago

Except buying SRS in the second market, joining IDO or gaining from the incentive program, there are three main ways for liquidity providers gain from 43% SRS of the total supply in Sirius Finance pool mechanism by staking LP tokens: Providing USDC, USDT, DAI or BUSD in the stable pool; Depositing LP tokens or other stablecoins in the metapools; Joining pools integrated with lending protocols.

And by vote locking SRS, users gain veSRS. veSRS stands for vote escrowed SRS, it's a locker where users can lock their SRS for different lengths of time to gain voting power.