Asset Guide – sfastUSD
Guide to sfastUSD on Sei
Last updated
Guide to sfastUSD on Sei
Last updated
sfastUSD is a staked version of fastUSD, created through the . It allows users to earn rewards while maintaining liquidity on the Sei network, and can be used across DeFi protocols like Yei Finance.
You can get sfastUSD from:
Swapping SEI or USDC for fastUSD and staking it on Elixir.
Bridging deUSD from Ethereum via Elixir and staking it to receive sfastUSD.
Swap vis Symphony.
Navigate to .
Swap any asset for sfastUSD.
Approve the transaction.
Get deUSD on Elixir.
Swap USDC for deUSD.
Bridge to Sei.
Choose deUSD and bridge it to Sei (it becomes fastUSD on Sei).
Approve the transaction.
Stake fastUSD for sfastUSD.
Click on "Stake fastUSD."
Confirm the transaction.
Deposit sfastUSD.
Locate sfastUSD and click "Supply."
Enter the amount and confirm the transaction.
That’s it! 🎉 You are now utilizing your sfastUSD to earn rewards and Yei points.
Swap out of sfastUSD.
Swap sfastUSD for any other asset.
Transfer out of Sei.
Unstake sfastUSD back to fastUSD.
Click on "Manage Staked FastUSD".
Start the unstake process (Elixir has a 7-day cooldown period).
Confirm the transaction and check the unstaking end date.
Bridge fastUSD out of Sei.
Select Sei as the source chain and choose your destination chain.
Review and confirm the transaction.
Swap out of deUSD.
Swap to any other asset.
or Unstake deUSD. (Elixir has a 7-day cooldown period)
Visit the .
Navigate to the page.
Navigate to the .
Navigate to the .
Navigate to .
Transfer the asset to a CEX or bridge out via .
Navigate to the page.
Visit the page.