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How to Use Super OETH on Radiant Capital

October 15, 2024

Super OETH RIZ Market on Radiant Capital

Radiant Capital has introduced an innovative system called Radiant Innovation Zone (RIZ) markets. These RIZ markets are specialized lending pools that allow users to lend, borrow, and loop assets in isolated markets. 

Super OETH, with its high base yield and deep liquidity, has become a prime asset for DeFi users looking to maximize their returns on platforms like Radiant Capital. The Super OETH RIZ market offers a unique opportunity to leverage your assets with an 80% loan-to-value (LTV) ratio, allowing you to potentially earn both base market rates and additional rewards in RDNT emissions.

In this guide, we’ll walk you through how to use Super OETH on Radiant, step-by-step.

How to Use Super OETH on Radiant

Radiant’s platform allows you to deposit Super OETH as collateral and borrow against it, providing you with the opportunity to increase your exposure to the asset. With an 80% LTV ratio, you can leverage your Super OETH up to 4x, boosting your potential yield significantly.

Here’s how to get started.

1. Bridge to Base

The first step is to get your assets onto the Base network, where Radiant operates. 

You can do this by using cross-chain bridges like Symbiosis and Router Nitro, both of which support cross-chain swaps to Super OETH. Alternatively, you can send ETH directly from exchanges like Coinbase to the Base network. Keep in mind that you’ll need a small amount of ETH on Base to cover gas fees for transactions.

2. Acquire Wrapped Super OETH (wsuperOETHb)

Once you’ve bridged to Base, the next step is to acquire Wrapped Super OETH (wsuperOETHb). If you don’t already have Super OETH, you can swap ETH for Super OETH on platforms like the Origin Dapp or Aerodrome

After obtaining Super OETH, you’ll need to wrap it. Just visit the Origin Dapp to wrap your tokens into wsuperOETHb, which is what’s used on the Radiant platform.

3. Deposit to the wsuperOETHb RIZ Market

Now that you have wsuperOETHb, head to Radiant Capital and deposit it into the wsuperOETHb RIZ market. By doing this, you’re using your wsuperOETHb as collateral, which allows you to borrow ETH or other supported assets against your position. 

To do so quickly, make sure you have “Base” selected on the network toggle, and search for OETH on RIZ:

From there, just click on wsuperOETHb / WETH to make your deposit. 

The platform offers a streamlined process, and once deposited, your Super OETH starts earning yield while providing liquidity to the market. If you need more help making a deposit, check out this guide from Radiant.

4. Loop Super OETH (Optional)

For users looking to maximize their ETH yield, Radiant offers a one-click looping feature. Looping allows you to borrow against your Super OETH, take the newly acquired ETH, and reinvest it to increase your overall exposure. 

Radiant's platform simplifies this by allowing you to select your leverage between 1-4x using a slider:

Once you've chosen your desired leverage, approve the transaction from your wallet, and the rest of the process is automated. This method can significantly enhance your yield, but be mindful of the risks associated with increased leverage.

DeFi Opportunities for Super OETH

Super OETH presents several compelling opportunities in DeFi, thanks to its high base yield, strong peg to ETH, and deep liquidity. The ability to leverage Super OETH on platforms like Radiant allows users to take full advantage of its yield-generating potential while maintaining access to liquidity through decentralized markets. These features make Super OETH a versatile asset for anyone looking to optimize their earnings strategies.

For more yield opportunities with Super OETH, visit our DeFi opportunities page to explore other ways to enhance your returns.

Corbin Buff
Corbin Buff
Origin
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