Token Boost

Boosting Tokens - Multiplying Rewards

What is Boosting?

In addition to staking tokens, users have the option to boost them to earn additional rewards paid in CHI. When users boost their LP tokens, they are essentially locking their position for a set period. The concept is straightforward: the longer the selected boost period, the greater the reward multiplier.

Boosting Tokens

It's important to highlight that users continue to receive the underlying staking rewards from their positions, along with the additional CHI incentives.

For example, when boosting wstUSC, users still earn the base USC rewards from staking, and on top of that, they also receive extra CHI incentives from boosting.

What is the Boost Multiplier and How is it Computed?

The boost time multiplier determines the increase in the user's extra CHI incentives. The longer the boost period and the larger the amount of tokens boosted relative to the total, the greater the boost on the CHI rewards.

For example, if a user boosts their tokens for half a year, the time multiplier component is calculated as follows:

  • Boost Period: 26 weeks (1/2 of a year)

  • Time Boost: (26/ 52) * 1x = 0.5x

This means the user's boost multiplier will be 0.5x for this period ( + 50% extra incentives).

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