# 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:** 1\ **Showing post:** 26
**Author:** ![Hysenberg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/hysenberg/32/4947_2.png) [@Hysenberg](https://forum.astar.network/u/Hysenberg)\ **Post date:** [February 18, 2025, 9:29pm UTC](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698/26 "2025-02-18T21:29:06Z")
Hi @Marroz, I’m Hysenberg, Head of Smart Contracts at Sake Finance. You raise some good questions, let me see if I can answer them. > I would appreciate it if someone (not you) explained to me clearly why a non-owner of astar should buy it Here are some related forum posts that explain some of the bull cases for ASTR on Soneium. ASTR’s Role within the Soneium Ecosystem > [@ASTR's Role within the Soneium Ecosystem](https://forum.astar.network/t/astrs-role-within-the-soneium-ecosystem/7271): > > Motivation Following the announcement of the transition from Astar zkEVM to Soneium, one of the most frequently asked questions from the community has been about the future direction of Astar and the role of the ASTR token. In this post, we would like to outline the proposed direction and invite the community to engage in an open discussion around it. Introduction: ASTR’s Utility on Soneium This thread is being initiated by the Astar Foundation to open up discussions with the Astar Network com… Proposal to Build a Fast Finality Layer for Soneium with ASTR and Restaked ETH for Economic Security > [@Proposal to Build a Fast Finality Layer for Soneium with ASTR and Restaked ETH for Economic Security](https://forum.astar.network/t/proposal-to-build-a-fast-finality-layer-for-soneium-with-astr-and-restaked-eth-for-economic-security/7847): > > Proposal to Build a Fast Finality Layer for Soneium with ASTR and Restaked ETH for Economic Security Background Astar Foundation recently introduced Astar Evolution Phase 1.5: From Blockchain to Collective ([details here](https://astar.network/blog/astar-evolution-phase-1-5-from-blockchain-to-collective-66)). This initiative aims to transition Astar from being a blockchain into a collective, accelerating real-world blockchain adoption and empowering ASTR with broader utilities across both Astar and Soneium ecosystems including: ASTR being a representative asset on Soneium: ASTR … Sake is also expanding the use cases of ASTR in Soneium defi. Some examples of some investment strategies with ASTR in the Sake lending markets: - Borrow stablecoins. Are you bullish on your tokens (ETH, ASTR) but need some USD liquidity? Traditionally, this would require you to sell your tokens, meaning you miss out on any future price action. With a lending market, you can supply your tokens as collateral to borrow stablecoins like SONE or USDC. This way, you maintain your exposure to ETH and ASTR price action while having stablecoins in hand. - LST loopers. Looking to multiply your interest on ASTR LSTs? Loopers allow you to recursively supply the LST (eg wstASTR), borrow the base token (eg ASTR), and swap for more LST. In doing so, you gain exposure to more LST than simply holding spot, meaning you gain more from the LST interest rate. - Lever longs. Similar to the LST loopers, this strategy recursively supplies and borrows. Instead of supplying and borrowing correlated assets (wstASTR/ASTR), lever longs supply and borrow uncorrelated assets (eg ASTR/USDC or ETH/SONE). This strategy is useful when you are betting on the price of your tokens pumping relative to USD. Sake Loopers coming soon ™ --- _[View the full topic](https://forum.astar.network/t/sake-finance-unlocking-defi-use-cases-for-astar-with-sone-borrowing/7698)._