# Sake Finance: Unlocking DeFi Use Cases for Astar with SONE Borrowing **URL:** \ **Category:** Soneium\ **Created:** [December 30, 2024, 11:36am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698 "2024-12-30T11:36:20Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [December 30, 2024, 11:36am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/1 "2024-12-30T11:36:20Z")
GM! Fellow Astar Community Members! This is Mojo from Sake Finance! I’m here to share more about how Sake Finance can contribute to the growth of Astar and provide unique DeFi opportunities to its community. At Sake Finance, we believe in the power of decentralized finance (DeFi) to drive innovation and expand possibilities within the ecosystem. As a key player in the liquidity space, we are excited to be supporting Astar from day one of our mainnet launch and to explore the potential of contributing to the growth of Astar through our unique offerings, particularly the SONE borrowing feature. What is SONE Borrowing? Our SONE stablecoin, providing stability and utility within the DeFi ecosystem. With SONE borrowing, Astar token holders can borrow SONE, unlocking a world of new opportunities to leverage the value of their Astar holdings. By borrowing SONE, users can: **Access Stablecoin Liquidity:** This opens up the ability to diversify, trade, or engage in yield farming without needing to sell their Astar tokens. **Unlock DeFi Use Cases:** Whether it’s liquidity provision, leveraged yield farming, or participating in other DeFi protocols, borrowing SONE empowers Astar holders to maximize their token’s utility within the broader DeFi ecosystem. **Enhance Capital Efficiency:** Users can keep their Astar tokens while still putting them to work in DeFi, making their holdings more productive and increasing capital efficiency. About Sake Protocol Sake Finance is a liquidity protocol designed to enable seamless and efficient asset management for users across DeFi ecosystems. At its core, Sake Finance optimizes liquidity through an innovative modular approach that connects various decentralized finance tools to create a more cohesive user experience. Key features of Sake Protocol include: **Modular Liquidity** : Sake Finance offers users the flexibility to customize and manage their liquidity positions across different DeFi protocols. This modularity allows for more efficient capital deployment, enabling users to seamlessly integrate multiple DeFi strategies. **Cross-Platform Integration** : Sake Finance is designed to work seamlessly with other DeFi and GameFi platforms. The SONE stablecoin can be used across a variety of ecosystems, expanding its utility and helping to drive the adoption of DeFi. **Stablecoin** : SONE, the stablecoin native to Sake Finance, is backed by tokens that generate returns, providing both stability and an added layer of utility for users. By using SONE as collateral, users can participate in a range of DeFi activities while still retaining value through return-generating assets. Sake Finance’s Contribution to Astar Growth By integrating SONE borrowing into the Astar ecosystem at Soneium, we can help Astar token holders unlock several growth-focused DeFi use cases: 1. Increased Liquidity: With SONE borrowing, more Astar holders can participate in liquidity pools or other DeFi activities, thereby increasing liquidity and enhancing market depth within the Astar ecosystem. 2. Capital Efficiency: By leveraging their Astar tokens for borrowing SONE, users can unlock more potential within the DeFi space, contributing to a more robust and sustainable ecosystem. This can drive further adoption of both Astar and Sake Finance. 3. Yield Generation: Users can borrow SONE and use it in yield farming strategies, leading to more efficient asset management. The ability to generate additional yield will help bring further value to Astar holders and contribute to the overall growth of Astar. 4. [Cross-Protocol Integration](https://x.com/sakefinance/status/1843864090005123279): As a liquidity protocol on Soneium, we aim to partner with other Soneium projects to create seamless integrations, expanding DeFi use cases across the network. By utilizing the SONE stablecoin, users will be able to access and use it not just for DeFi, but also in GameFi and other platforms that integrate SONE. By leveraging the power of Sake Finance’s stablecoin and borrowing model, Astar holders can maximize the value of their assets while contributing to the overall growth and adoption of the Astar ecosystem. **Conclusion** We are excited to be part of Astar’s growth and to help bring new DeFi opportunities to its users. With SONE borrowing, we aim to provide Astar holders with more tools to capitalize on their assets, unlocking a wide range of DeFi use cases. Together, we can contribute to Astar’s flourishing ecosystem and push the boundaries of decentralized finance. Join us in this exciting journey, and let’s grow together! 🍶 X: [x.com](https://x.com/sakefinance) Website: [https://www.sakefinance.com/](https://www.sakefinance.com/) Hub: [Sake](https://hub.xyz/sakefinance) access to all other links. ![Screenshot 2024-12-30 at 7.31.39 PM](https://us1.discourse-cdn.com/flex020/uploads/plasmnet/original/2X/4/45250519fc9a1b79a946f70659cf2cdff79e6df6.jpeg) ---
**Author:** ![WakeUp](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/wakeup/32/4449_2.png) [@WakeUp](https://forum.astar.network/u/WakeUp)\ **Post date:** [December 30, 2024, 11:47am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/2 "2024-12-30T11:47:18Z")
GM Mojo, We’re looking forward to seeing what you’ve got for us, but we’re also eager to see more substance behind your promises. The SONE borrowing concept sounds intriguing, but we’d love to see some concrete examples of how it will actually contribute to Astar’s ecosystem beyond just the theoretical benefits. How will you ensure real, tangible value for Astar holders, especially when it comes to liquidity and yield generation? We’re all about innovation, but it’s crucial to see more than just ideas. Let’s see what’s in the pipeline and how this will genuinely empower the Astar community. ---
**Author:** ![Maarten](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/maarten/32/4735_2.png) [@Maarten](https://forum.astar.network/u/Maarten)\ **Post date:** [December 30, 2024, 12:19pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/3 "2024-12-30T12:19:49Z")
Thanks a lot for creating this topic, Mojo! I had the pleasure of meeting you a couple of times offline in the name of Astar Foundation. It is great to see your support in providing ASTR available in your project on Soneium and creating more use cases for the ASTR community to use their assets. Looking forward to the future we are building! Also big shoutout for building the Surge dashboard: > **[Sake Finance Astar Surge](https://surge.sakefinance.com/)** > > Sake Finance Astar Surge ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [December 30, 2024, 12:58pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/4 "2024-12-30T12:58:33Z")
Thanks for the kind words, Maarten! It was a pleasure meeting you offline at a few of the Soneium events as well! Sake Finance looks forward to working with Astar, Soneium and partnering protocols such as Kyo, SONEX, SuperVol, and others to integrate SONE, creating DeFi use cases for Astar users. ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [December 30, 2024, 1:18pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/5 "2024-12-30T13:18:09Z")
Hey WakeUp, Thanks for this! By integrating with Sake, Astar tokens can be used as collateral while also earning lending yield. This allows users to leverage SONE in DeFi actions like liquidity pooling on platforms such as KYO and SONEX, while retaining their Astar tokens. This helps unlock new use cases and expands Astar’s use cases. Additionally, the SONE stablecoin can be utilized across other protocols upon integration, unlocking even more possibilities in DeFi. Here’s a short video guide: > ---
**Author:** ![Matt](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/matt/32/1502_2.png) [@Matt](https://forum.astar.network/u/Matt)\ **Post date:** [December 30, 2024, 9:21pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/6 "2024-12-30T21:21:32Z")
Excellent news, Mojo! SONE Borrowing is a great addition in the Astar ecosystem for having stablecoin liquidity available without necessarily selling Astar tokens. This opens up many possibilities such as yield farming, liquidity provision, and token utility maximization. Sake Finance’s modular approach and cross-platform integration will make SONE use easier across DeFi and GameFi, increasing liquidity and capital efficiency. Massive step for the growth of Astar with this partnership between Sake Finance and us. Cheers to innovation and collaboration!✨ ---
**Author:** ![Vangardem](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/vangardem/32/2184_2.png) [@Vangardem](https://forum.astar.network/u/Vangardem)\ **Post date:** [December 30, 2024, 11:56pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/7 "2024-12-30T23:56:12Z")
Great, no doubt SONE will be important for Astar and Soneium, I follow Sake since day 1 and their commitment to development is very visible, their dedication is taking them to another level, I look forward to the release of Sake on Mainnet, which will enhance the usability of ASTR. Well done! ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [December 31, 2024, 2:41am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/8 "2024-12-31T02:41:18Z")
Hey Matt, thanks for your words! Sake will continue to innovate and collaborate as we grow together! We greatly appreciate the support from the Astar community for Sake on Astar Surge! ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [December 31, 2024, 2:43am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/9 "2024-12-31T02:43:14Z")
Hey Vangardem! I’ve definitely seen you sharing your thoughts about Sake, and I truly appreciate all those threads and your support! Sake is looking forward to enhancing the usability of Astar! LFGM! ---
**Author:** ![VasaKing](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/vasaking/32/1568_2.png) [@VasaKing](https://forum.astar.network/u/VasaKing)\ **Post date:** [December 31, 2024, 8:44am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/10 "2024-12-31T08:44:02Z")
Hey hey @mojojojoppg , welcome to Astar 🌟 Speaking about DeFi and interesting opportunities will Sake accept as collateral other ecosystem tokens such as LS tokens from Algem and Neemo or tokens from the other Spark program winners (Kyo,Sonex,Untitled bank etc)? 😄 ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [December 31, 2024, 9:25am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/12 "2024-12-31T09:25:13Z")
Hey VasaKing!! Thank you for the warm welcome and your question. Integrating LST is something we’re actively working on together with the LST team. There are some technical backend integrations, including collaboration with various teams and their price oracle. These technical backend integrations are also similar to those required for the Spark program winners! ---
**Author:** ![Vangardem](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/vangardem/32/2184_2.png) [@Vangardem](https://forum.astar.network/u/Vangardem)\ **Post date:** [January 12, 2025, 3:43pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/13 "2025-01-12T15:43:23Z")
It’s nothing, we are always happy to support you. ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [January 14, 2025, 12:12pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/14 "2025-01-14T12:12:13Z")
GM everyone! Sake Finance is officially live on **Soneium Mainnet**! Check out the announcement here: [x.com](https://x.com/sakefinance/status/1878988308518453603) Medium article: [Go Mainstream on Soneium with Sake! 🍶 | by Sake Finance | Jan, 2025 | Medium](https://sakefinance.medium.com/go-mainstream-on-soneium-with-sake-4cfb4b92a0b6) Cheers to a new chapter in DeFi! 🍶 ---
**Author:** ![Juminstock](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/juminstock/32/5942_2.png) [@Juminstock](https://forum.astar.network/u/Juminstock)\ **Post date:** [January 14, 2025, 2:07pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/15 "2025-01-14T14:07:21Z")
> [@mojojojoppg](#): > > Sake Finance is officially live on **Soneium Mainnet**! What incredible news! Now, yes, the incursion of new projects to the mainnet protocol is coming, yuuuuuu. LFGM! ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [January 14, 2025, 3:58pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/16 "2025-01-14T15:58:02Z")
LFGM! Looking forward to growing together with ASTR! ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [January 24, 2025, 11:41am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/17 "2025-01-24T11:41:11Z")
We’re excited to share that Sake has updated our Loan-to-Value (LTV) ratios and liquidation thresholds. These adjustments empower you to: Borrow More Assets: By supplying your assets, you can now borrow more efficiently. Deploy Across Multiple Protocols: Utilize your borrowed assets on platforms like Kyo Finance, Neemo Finance, Sonex, SoneFi, and many others. These enhancements are designed to provide you with greater flexibility and opportunities within the DeFi ecosystem. > ---
**Author:** ![Juminstock](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/juminstock/32/5942_2.png) [@Juminstock](https://forum.astar.network/u/Juminstock)\ **Post date:** [January 24, 2025, 5:48pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/18 "2025-01-24T17:48:51Z")
> [@mojojojoppg](#): > > Deploy Across Multiple Protocols: Utilize your borrowed assets on platforms like Kyo Finance, Neemo Finance, Sonex, SoneFi, and many others. This partnership will definitely allow our users to have a rewarding and frictionless experience, which in the long run, will be beneficial for everyone. I am glad to see that work is being done to make Soneium’s DeFi ecosystem a collaborative and fruitful ecosystem. ---
**Author:** ![BoomBLB](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/boomblb/32/2209_2.png) [@BoomBLB](https://forum.astar.network/u/BoomBLB)\ **Post date:** [January 25, 2025, 2:24am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/19 "2025-01-25T02:24:59Z")
Thank you for the great proposal. I completely agree with the team’s concept. Anyway, may I ask a few additional questions: 1. In terms of revenue, from which sources does the team generate income? 2. Regarding costs, what are the details? ---
**Author:** ![Marroz](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/marroz/32/5577_2.png) [@Marroz](https://forum.astar.network/u/Marroz)\ **Post date:** [February 17, 2025, 8:38pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/21 "2025-02-17T20:38:56Z")
dear… I note with regret that sake has implemented 2 halvings of the multiplier relating to astar’s liquidity injection… I don’t know what the agreements between you are… but I would like to point out that astar has allocated the largest percentage to sake with regards to the ACS campaign… furthermore astr alone represents double the value of the tvl of all the other tokens put together… as far as I’m concerned I don’t agree with this choice, in fact I find it very offensive towards the community… I officially ask for clarity in explaining as things really are, at the risk of not making a single point on your platform, I would appreciate clarification, thank you. ---
**Author:** ![mojojojoppg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/mojojojoppg/32/4939_2.png) [@mojojojoppg](https://forum.astar.network/u/mojojojoppg)\ **Post date:** [February 18, 2025, 12:29am UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/22 "2025-02-18T00:29:15Z")
Hi Marroz, I’m not exactly sure what you mean by “2 halving.” However, during the Soneium Mainnet launch, Sake provided a **2x multiplier** on points to celebrate the launch of Soneium. The multiplier **ended on February 15, 2025, at 9 AM UTC** , after running for 30 days. ![image](https://us1.discourse-cdn.com/flex020/uploads/plasmnet/original/2X/b/b4157b31d30a3c0309d6d614068a5fb73e2168a9.jpeg) You will be able to learn more about the points programme via [Points Calculation | Sake Finance](https://docs.sakefinance.com/sake-finance/incentives/sake-rewards-system/points-calculation). For easy reference here’s what written on the doc **Lending and Borrowing** Deposit = 1 point / $1000 / hr Borrow = 3 points / $1000 / hr Strategies To be advised SONE (Stablecoin) SONE borrowed 6 points / $1000 / hr ![image](https://us1.discourse-cdn.com/flex020/uploads/plasmnet/original/2X/9/937836c679c2b5d4f27fd669c4703c6ecd4ccb3c.jpeg) [Next page](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698.md?page=2)