Yield Booster

Through the YieldBooster plugin, every user can allocate its xGRAIL to a staked position (spNFT) in order to earn additional rewards from farming emissions.

The induced yield boost multiplier is different based on the staking position's wrapped LP, but will usually use the default x2 value.

Use the calculator to help you determine the current amount of xGRAIL needed to achieve your desired boost

Mechanics of the plugin

This value is calculated for every position from the following elements:

  • The position's LP amount

  • The total staked LP amount across all positions and users

  • The position's allocated xGRAIL amount

  • The total allocated xGRAIL across all of the positions with the same LP

  • The LP max boost multiplier (can't exceed x2.5)

The formula is very straightforward:

boostMultiplier=(userLPtotalAllocationmaxBoostMultipliertotalLPuserAllocationboostMultiplier = \frac{(userLP * totalAllocation * maxBoostMultiplier}{totalLP * userAllocation}

As more xGRAIL is assigned to a pair, the boost will decrease for each user's allocated amount. The process works in both directions; the less xGRAIL is assigned to a pair in total the higher the APR for each user's allocated amount

The Yield Booster affects rewards earned from farming emissions (x/GRAIL) only, without impacting rewards from:

  • LP trading fees

  • Nitro pools

Deallocation

Deallocating xGRAIL from this plugin is not subject to any condition, and can be done at any time.

The deallocation fee is 0.5%.

UI element descriptions

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