Boost Points
Boost Points introduce the idea of protocol loyalty. Boost Points reward long term holders without inflation. When you stake $FUL or $esFUL, you receive Boost Points every second at a fixed rate of 100% APR. For example, 1000 $FUL staked for one year would earn 1000 Boost Points.
Boost Points are accrued and can be staked. Each boost point will earn the same amount of $CRO rewards as when $FUL is staked. For example, having 1000 Boost Points and 1000 $FUL staked is similar to having 2000 $FUL staked for $CRO.
When $FUL or $esFUL is unstaked, the proportional amount of Boost Points are burnt. The burn will apply to the total amount of Boost Points which includes both staked and unstaked Boost Points.
For example, if 1000 $FUL is staked and 500 Boost Points have been earned so far, then unstaking 300 $FUL would burn 150 (300 / 1000 * 500) Boost Points.
Boosted APR = Original APR * (Staked Boost Points / (Staked FUL + Staked esFUL))
| Items | Details |
|---|---|
Boost Points APR | Boost Points every second at a fixed rate of 100% APR. e.g. 1000 $FUL staked for one year would earn 1000 Boost Points. |
Boost Points Utility | Earns the same amount of revenue as a staked token or $esFUL |
Burning Boost Points | Unstaking $FUL or $esFUL will burn proportional amount of Boost Points Eg. user has 1000 staked $FUL and 100 Boost Points
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