Stage one, get an instant 20% return by buying sEURO at a discount. Remember, the earlier you get in the more the discount. This helps the protocol collect deep liquidity to peg the currency and reward the user.

Stage two:
During the IBCO, third parties will unlikely give you 1 euro worth of assets for your sEURO because they can get it for a discount on the IBCO. So sEURO is not considered a stablecoin until the IBCO is over and the discount is 0.
But guess what, we consider it 1 euro already in stage two. We will buy the liquidity you place into UNISWAP V3 for the full euro price! On stage two just place your sEURO and your equivalent USDC in and choose a bonding period to get a fat yield. (

The yield% in this image are still tested net numbers The final numbers are here.

Now that you have a bunch of sweet sweet TST, stake them for a 20% API. first in best dressed!
