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Smardex (USDN): Adds the sUSDN staking pool #1639

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merged 1 commit into from
Dec 6, 2024

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estebgonza
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This PR adds the sUSDN staking pool contract to the Smardex adapter.

Listing

Stacking sUSDN has a TVL of over $1 million (currently $3.2M).
Is it possible to be listed on https://defillama.com/yields/stablecoins?

Yield Calculation

The yield of this pool is based on the rewards from the Smardex farming contract as well as the yield of sUSDe (since sUSDN is backed by sUSDe).

As mentioned in the code comments, I reused part of the Ethena code to calculate the yield of sUSDe.

The sUSDN staking pool is a single-token pool .
@slasher125 slasher125 merged commit 79faabf into DefiLlama:master Dec 6, 2024
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