# Pac Looper (Live)
## Pac Looper: A quick overview
* This strategy is built upon the new [Duo Exchange](https://www.duo.exchange/) and [Pac Finance](https://app.pac.finance/) protocol.
* It aims to maximize the incentives provided by Pac Finance Pools for DETH and DUSD (Duo Exchange’s staked ETH and USDB positions).
There are two modes: **Normal Mode** and **Degen Mode.**
## Explain it to me in more detail!
By supplying their DETH and DUSD holdings into the lending pools, users can borrow against them, allowing them to hold a larger notional position in these assets (by borrowing assets against their supplied assets). This increased leverage translates into levered exposure to points and rewards. For v1 of this strategy, we are setting the leverage to 2x, involving multiple loops to achieve an overall LTV ratio of 0.5.
**Here’s a step-by-step breakdown:**
### Normal Option
1. **User Deposits Asset:** User deposits ETH/WETH (DETH) or USDB (or DUSD)!
2. **User Selects Mode:** User selects to boost points or boost yields!
3. **Strategy is Launched:** Strategy is launched, and the Agent now has DETH (or DUSD)!
4. **Agent Lends (Supplies) DETH and DUSD on Pac Finance:** Agent lends (supplies) holdings to the DETH or DUSD pool.
5. **Agent Borrows Against Lent Position:** Users borrow additional DETH and DUSD on Pac Finance, effectively increasing their exposure.
6. **Looping Process until 2x Leverage:** This process involves multiple iterations to reach the target LTV of 0.5 (2x Leverage).
### Degen Option
1. **User Deposits Asset:** User deposits ETH/WETH or USDB!
2. **User Selects Mode:** User selects to boost points or boost yields!
3. **Strategy is Launched:** Strategy is launched, and the Agent now has DETH (or DUSD)!
4. **Agent Lends (Supplies) DETH and DUSD on Pac Finance:** Agent lends (supplies) holdings to the DETH or DUSD Moon Pool.
5. **Agent Borrows Against Lent Position:** Users borrow additional ETH and USD on Pac Finance, effectively increasing their exposure.
6. **Looping Process until 2x Leverage:** This process involves multiple iterations to reach the target LTV of 0.5 (2x Leverage).
## What assets can I deposit?
ETH, WETH, or USDB, DETH, or DUSD.
## What are the rewards?
### **Duo Exchange**
You have the option here — forgo your points for yield **now**, or keep your points to yourself and ride it out in the hopes of making it big!
Description: Taken from Duo Exchange’s docs!
### **Pac Finance**
* Blast Gold
* Blast Points
* Pac Points
* Ring Points
* Particle Points
## How to get started?
**1. Visit the AgentFi App:** Head over to [app.agentfi.io](https://app.agentfi.io/).
**2. Connect Your Wallet:** Connect wallet (e.g. Metamask, Rabby, Coinbase Wallet, WalletConnect).
**3. Browse our Strategies:** Take a look at our array of strategies within the ‘Strategy Factory’.
**4. Launch Looper Strategy:** Launch the Pac Looper Strategy. Select the mode and asset to deposit.
**5. Monitor Strategy:** Once it’s deployed, monitor your Looper strategy’s performance in terms of rewards.
**6. Withdraw (Optional):** Withdrawing will unwind your position and return funds to your address.
