OnX Finance
  • What is OnX Finance?
  • Getting Started
    • Litepaper
      • Litepaper (English)
      • Litepaper (Korean)
    • Token Distribution
    • Token Utility
    • Voting and Gauge Weights
    • Tokens, Bridge & Contract address
    • OnX Liquidity Pools
  • Products
    • OnX Staking
    • OnX Farming
      • Ankr & Liquid Staking
      • SushiSwap Liquidity Pool Tokens
      • Farming Tutorial
    • OnX Lending
    • OnX onStable
      • onETH
      • onDOT
      • onSynthetics (legacy)
    • OnX Vaults
    • OnX Insurance Fund
    • Governance
  • Audits and Contracts
    • Token and Farming Contract Audit
    • onSynthetics Audit
    • Lending Audit
    • Alpha Audit
    • Official Contracts
  • Promotions
    • NFT Series 0 Farm for OnX Stakers
    • NFT Alliance Series
  • Frequently Asked Questions (FAQ)
  • Articles
    • Benefits of using OnX Finance Lending
    • Evolution to onSynthetics v2
    • OnX Alpha Vaults
      • OnX Alpha Vaults (Korean)
      • OnX Alpha Vaults (Chinese)
    • 🕳️Introducing the OnX Synthetic Assets Platform (onSynthetics)
    • ONX Staking — Privilege Pool
    • OnX Lending Platform Update
    • Farming Update
    • How to get aETH
    • Staking tutorial for OnX.finance
    • OnX.Finance: Announcing the first ONX Airdrop for ANKR Holders
    • 🕳️OnX Finance: the first DeFi platform for collateralized tokens
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  1. Products
  2. OnX Farming

SushiSwap Liquidity Pool Tokens

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Last updated 3 years ago

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OnX alpha vaults have been initially created to support liquidity to SushiSwap.

Yield aggregators (vaults) can be designed in several ways and very often, yield farming strategies involve benefiting from farming reward opportunities, sell the farmed tokens, and reinvest in other yield farming opportunities to generate compounding effect to vaults' capital providers.

OnX Finance designed its OnX alpha vaults in a way to support decentralized exchanges by making it easier for liquidity providers to farm their Liquidity Pool tokens, and systematically stake their farmed rewards, instead of systematically selling the farmed rewards.

To further incentivize usage of OnX alpha vaults and liquidity on Sushiswap, OnX Finance adds farming rewards on some vault strategies, and harvests the rewards periodically to stake the farmed rewards (Sushi + OnX), incentivizing as such vault capital providers to use vaults for the long-term as the reinvestment process (staking farmed tokens) is being automated by the vault.