StakeEasy & Sienna network’s integration!

StakeEasy
2 min readSep 7, 2022

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What is Sienna network ?
Sienna Network is a privacy-first cross-chain DeFi application suite built on the Cosmos SDK-based Secret Network. Sienna Protocol consists of SiennaSwap & SiennaLend.

StakeEasy

StakeEasy is Privacy preserving liquid staking solution for $SCRT.
Integration with Sienna Network provide users with yield-earning opportunities that would otherwise be unavailable to them. When users provide liquidity to SIENNA, they are not only earning LP rewards in SIENNA, but are also accruing SCRT staking rewards on their staked-SCRT with StakeEasy.

To stake your $SCRT with StakeEasy, kindly go through this user guide:
https://stakeeasy.medium.com/stakeeasy-user-guide-to-stake-scrt-bb6fc848b584

For Lending:
With 13% APR, Liquidity provider rewards for the seSCRT market: 50 SIENNA/day.

  • select “Lend” from the menu on https://app.sienna.network
  • select “Deposit” on the Lend page & make a deposit into $seSCRT lending pool.
  • input your desired $seSCRT and click on “Deposit” You can stake your SL-seSCRT tokens in their rewards contract to earn Yield.‍

To provide liquidity for the seSCRT market on SiennaLend, please visit the following link: https://app.sienna.network/lend/deposit

To stake your SL- $seSCRT tokens in the rewards contract:

  • Go to the “Rewards” page available at the top of the Lend interface.
  • You will be prompted to specify the amount of SL- $seSCRT tokens you want to stake.
  • Select your desired amount & click on “Deposit”

25% APR on $seSCRT/$sSCRT pool with SiennaSwap has 30 $seSCRT rewards for liquidity providers.

To provide liquidity, please follow the steps:

  • Navigate to the SiennaSwap app: https://app.sienna.network
  • Select “The Pool” page.
  • On right side of the page, use the search bar to select the seSCRT/sSCRT pool
  • Provide your desired amount of the seSCRT/sSCRT tokens & approve

To stake Your LP Tokens & Earn $seSCRT:

  • Navigate to the “Rewards” page.
  • Locate the seSCRT/sSCRT rewards contract.
  • Select “Deposit” and approve your desired amount of LP tokens to deposit into the rewards contract.
  • Broadcast the transaction.

Stake your $SCRT with StakeEasy at https://app.stakeeasy.finance/ and you can also earn these rewards while enjoying staking $SCRT rewards with StakeEasy.

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StakeEasy

IBC enables Liquid staking protocol for cosmos ecosystem.