# Liquid Staking Tokens Liquid staking protocols can be integrated with Ionic to bring a borrowing-lending use case for the DeFi users and existing protocol communities across supported chains. Whitelisted users that hold liquid staked tokens can collateralize them into Ionic pools and borrow against them. Therefore, there trusted users can unlock different strategies such as hedging, looping, long, short, and more. * **Collateralize LP tokens** - Users can provide LSTs liquidity on AMMs and deposit the received LP tokens into the Ionic pool. This enables users to continue to earn farming rewards on their liquid staked tokens while using the LP as collateral to borrow against. * **Leverage LST to borrow more of a network token -** Any user who holds LST can come and borrow more network tokens and use it for different use cases. * **Earn additional rewards -** When users deposit their LST-Network Token LP assets in the pool, Ionic automatically redeposits them into the respective yield optimiser vault for autocompounding rewards. Therefore, users can benefit from both the APY by providing liquidity as well as rewards from the yield optimiser protocol, all while collateralizing their position in Ionic. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ionic.money/partner-and-pool-operator-documents/ionic-for-partners/liquid-staking-derivatives.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.