Symbiosis WebApp user guide: What sTokens are and dealing with sTokens via Symbiosis WebApp.
sToken (sUSDT, sUSDC, sBUSD etc..) represents a token of one blockchain on another blockchain and is used to perform cross-chain swaps. Please refer to Wrapped Tokens and sTokens | Symbiosis for more details.
There are three ways to obtain sTokens:
Getting sTokens before adding them to a liquidity pool (please refer to Liquidity Pools),
Withdrawing sTokens from a liquidity pool (please refer to Liquidity Pools),
What can be done with sTokens? There are three ways to deal with sTokens:
Just keep them,
Become a liquidity provider: add the sTokens to an appropriate liquidity pool, get a reward for providing liquidity and burn them later to get stablecoins on the blockchain that this liquidity pool links to.
Please refer to Liquidity Pools for instructions on adding/withdrawing liquidity to/from a liquidity pool.
Swap them to stablecoins on a Symbiosis DEX (instructions are below).
Symbiosis WebApp supports two sets of blockchains: for Mainnet and Testnet: