Logo

wOS Market on Silo: Full Guide

February 12, 2025
How to use OS on Silo

How to Use Wrapped Origin Sonic (wOS) on Silo Finance

Silo Finance is a cutting-edge DeFi platform designed to give users the tools to lend, borrow, and loop assets, unlocking new opportunities for maximizing returns. 

By focusing on isolated lending pools, Silo offers a secure and efficient way to participate in decentralized finance without the risk of market-wide contagion affecting your positions.

One of the standout assets on Silo is Wrapped Origin Sonic (wOS), a liquid staking token specifically built for the Sonic network. By leveraging wOS on Silo, users can borrow against their holdings, loop deposits, and earn significantly higher yields. But that’s not all — wOS also enables users to maximize their share of Sonic Points, the rewards mechanism for distributing 190 million S tokens worth approximately $100 million. 

Whether you’re looking to grow your staking rewards or amplify your points earnings, Silo Finance and wOS offer an unmatched combination for DeFi enthusiasts.

What Is Origin Sonic (OS)?

Origin Sonic (OS) is a liquid staking token (LST) created for the Sonic network and pegged to the price of Sonic’s native token, S. 

Unlike traditional staking, where assets are locked up, OS gives users the flexibility to earn staking rewards while remaining liquid—meaning you can use your staked assets in DeFi applications like lending and liquidity pools.

The wrapped version of OS, wOS, is used on lending markets to ensure staking rewards are earned while held in smart contracts. Unlike OS, Wrapped OS accrues staking rewards directly to its price, growing in value as rewards are earned. 

With OS, you’re not just earning yield; you’re also gaining access to Sonic’s points program, one of the most rewarding incentive systems in crypto today. Simply holding OS gives you a 4x multiplier on Sonic Points, and when you use OS in DeFi, the multiplier increases to 8x. These points determine your share of the Sonic Airdrop, making OS a powerful tool for earning a slice of the 190M S tokens being distributed this year.

Using Origin Sonic (OS) on Silo

Silo Finance offers OS holders a range of powerful options to maximize yield and multiply Sonic Points. By depositing OS into Silo, users can borrow other assets against their OS holdings, using the borrowed capital for additional investments. This creates opportunities to leverage your position and grow your returns.

One of Silo’s standout features is the ability to loop OS deposits. After borrowing against your OS, you can reinvest the borrowed assets into more OS, repeating the process to amplify your staking rewards and Sonic Points earnings. With each loop, you stack additional yield and points multipliers, reaching up to 80x Sonic Points with max leverage.

In addition to its yield-boosting features, Silo’s isolated lending pools minimize risks. Unlike traditional lending markets, where a single default can cascade through the system, Silo’s pools are independent, ensuring your position remains secure even during market volatility. 

How to Get Started With OS on Silo

Getting started with Origin Sonic (OS) on Silo is a straightforward process. 

With just a few steps, you can bridge your funds, set up your wallet, and start earning staking rewards and Sonic Points through Silo’s powerful DeFi tools.

1. Bridge Funds to Sonic

To use OS on Silo, you’ll first need to transfer your assets to the Sonic network using the Sonic Gateway, the official bridge for moving funds from Ethereum to Sonic. 

Here’s how:

  • Visit the Sonic Gateway.
  • Connect your Ethereum-compatible wallet (e.g., MetaMask).
  • Select the asset you want to bridge.
  • Input the amount you’d like to transfer and confirm the transaction.
  • Your funds will be processed in batches for gas efficiency, taking about 10 minutes to transfer from Ethereum to Sonic.
  • Once complete, claim your bridged assets on the Sonic network.

Remember to keep a small amount of ETH for gas fees during the bridging process.

2. Add Sonic Network to Your Wallet

If you’re new to Sonic, you’ll need to add the network to your MetaMask wallet before you can start using OS. 

Follow these steps to set it up:

  • Open MetaMask and go to Settings > Networks.
  • Click “Add a Network” and input the following details for Sonic:
    • Network Name: Sonic
    • RPC URL: Find the details here
    • Chain ID: (Check the Sonic documentation for specifics)
    • Currency Symbol: S
  • Save the network, and you’re ready to connect to Sonic!

Adding the Sonic Network ensures your wallet is compatible with all Sonic-based dapps, including Silo.

3. Deposit and Use wOS on Silo

Now that your funds are on Sonic and your wallet is configured, it’s time to use wOS on Silo. Here’s how to get started:

  • Navigate to Silo Finance: Visit the Silo dapp and connect your wallet. Ensure you’re on the Sonic network to access the correct market.
  • Deposit wOS: Locate the wOS market within Silo and select the option to deposit your Wrapped OS. If you’re currently holding OS, you can wrap it on the Origin Dapp. Confirm the transaction in your wallet to add your tokens to the Silo pool.
  • Use the Looping Feature: After depositing wOS, borrow against your holdings using Silo’s lending market. With the borrowed capital, acquire more wOS and deposit it back into Silo. Repeat this process to loop your deposits and leverage your position, increasing both staking rewards and Sonic Points multipliers.
  • Optimize for Sonic Points Multipliers: Using wOS in Silo boosts your base 4x Sonic Points multiplier to 8x, with the potential to reach 80x points using leverage. This makes it one of the most efficient ways to earn Sonic Points and secure your share of the 190M S token airdrop.

Earning Sonic Points With wOS on Silo

The Sonic Points Program is one of the most rewarding features of the Sonic network, offering users a chance to secure their share of 190 million S tokens worth approximately $100 million. Points are earned by holding and using assets within the Sonic ecosystem, with liquid staking tokens (LSTs) like Origin Sonic (OS) being the most effective way to multiply your rewards.

By simply holding OS, you automatically receive a 4x multiplier on Sonic Points. But the real magic happens when you use wOS in DeFi applications like Silo. When deposited into Silo’s isolated lending pools, the OS multiplier increases to 8x. And by using Wrapped OS in place of OS, you’ll earn staking rewards while your funds are held in smart contracts. 

This makes wOS on Silo the most efficient way to stack Sonic Points while generating staking yield. If your goal is to maximize your share of the 2025 Sonic airdrop, wOS and Silo are the perfect combination to boost your earnings.

Why Use wOS on Silo?

Silo Finance provides a unique environment for wOS holders to maximize their DeFi yields and Sonic Points earnings. One of the key advantages of Silo is its isolated lending pools, which separate individual assets to minimize the risk of market contagion. 

Additionally, Silo offers competitive rates and deep liquidity for wOS, making it a highly efficient platform for leveraging your staked assets. By using wOS on Silo, you not only earn staking rewards but also unlock the ability to borrow against your holdings and reinvest them for compounded yields.

This dual benefit makes Silo the go-to platform for OS holders looking to optimize their returns.

Supercharge Your Sonic Rewards

If you’re ready to take your Sonic experience to the next level, there’s no better time to get started with wOS on Silo. 

Whether you’re looking to earn high staking yields, secure your share of the 190M S token airdrop, or take advantage of 80x Sonic Points multipliers, wOS and Silo offer the tools you need to succeed.

To get started:

  • Bridge your funds to Sonic using the Sonic Gateway.
  • Set up your wallet by adding the Sonic Network to MetaMask. Follow this guide.
  • Deposit and loop wOS in the Silo Market for wOS to maximize your returns.

Don’t miss out on the opportunity to earn yield while staying liquid. With Origin Sonic (OS) and Silo Finance, you can supercharge your rewards and secure your position in the Sonic ecosystem today!

Corbin Buff
Corbin Buff
Origin
Stay in touch
Be the first to hear about important product updates. Your email will be kept private.
Originally released by Origin Protocol
Privacy policyTerms of service