Sikka Protocol. The next-generation
USD Stable asset backed by the
Enabling a reference rate for the
stable asset market
Sikka provides the most equitable revenue distribution
system by rewarding liquidity providers.
Stable Coin SIKKA
SIKKA is the No.1 stable asset on Polygon network.
1 SIKKA is sustainably pegged to $1 USD.
1 SIKKA=1 USD
SIKKA is backed by over-collateralizing MATIC
to assure stability and easy of usage.
What is the Sikka Protocol?
Sikka Protocol provides a secure and reliable protocol solution for stable asset Sikka. Users can borrow stable asset Sikka using liquid staking tokens as collateral. Users can also supply stable asset pairs to liquidity provided to yield farm and earn rewards.
What is stable asset Sikka?
SIKKA is the stable asset minted by the Sikka Protocol. SIKKA is always pegged to 1 dollar USD and its circulation is backed by over collateralized assets.
Where does the Sikka Yield Farming reward come from?
Sikka protocol partners liquidity provider to provide a secure and reliable way to earn competitive APY. When users supply SIKKA and other stable asset pairs to the liquidity pool, they receive rewards from LP transaction fees and Sikka Revenue Pool.
What is Sikka Revenue Pool?
Sikka revenue pool contains 2 types of income - liquid staking asset’s reward APY and Sikka borrow interest. Sikka Revenue Pool is distributed back to the liquidity pool to incentivize users to become a liquidity provider.