Yield Booster
Last updated
Last updated
Through the YieldBooster plugin, every user can allocate its xIGN 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 xIGN needed to achieve your desired boost
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 xIGN amount
The total allocated xIGN across all of the positions with the same LP
The LP max boost multiplier (can't exceed x2.5)
The formula is very straightforward:
As more xIGN is assigned to a pair, the boost will decrease for each user's allocated amount. The process works in both directions; the less xIGN 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/IGN) only, without impacting rewards from:
LP trading fees
Nitro pools
Deallocating xIGN from this plugin is not subject to any condition, and can be done at any time.
The deallocation fee is 0.5%.
Boost Allocation: Amount of xIGN to be allocated
Position Pool share: Current position pool share in %
Pool Boost share: Pool boost share in %
Total APR: Total APR of the position before and after the boost
Farm base APR: Base APR from Farming emissions
Earned Fees APR: APR that your LP is currently earning in trading fees
Bonus APR: Bonus emissions APR after the boost