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Sirius
Sirius ($SIRS) is a liquidity pair-based token on the Tezos blockchain that allows users to automatically participate in Liquidity Baking, a decentralized liquidity pool between tez and tzBTC. It simplifies the process of earning liquidity baking rewards, which otherwise required a multi-step transaction to deposit tez and tzBTC into the pool. Its primary users are Tezos holders and DeFi participants seeking a simple way to earn tez rewards through liquidity provision.
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Sirius
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Description
Sirius ($SIRS) is a token that lets you automatically participate in Liquidity Baking, a decentralized liquidity pool between tez and tzBTC that is incentivized at the protocol level on the Tezos blockchain. Before Sirius, users needed to conduct a multi-step transaction to deposit tez and tzBTC into the liquidity baking pool. Now, earning liquidity baking rewards is as simple as purchasing Sirius ($SIRS).TVL: $2.5M
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