Boosted Pool
Last updated
Last updated
Boosted Pools are special liquidity pools designed to attract more users by offering additional incentives and higher overall returns. Users can boost their liquidity by adding extra rewards, thereby increasing their potential earnings.
Join a Boosted Pool:
Select a Boosted Pool: Browse available boosted pools, which typically offer extra rewards such as platform tokens or tokens from partner projects.
Provide Liquidity: Similar to standard pools, select the token pair and input the amount you wish to provide as liquidity.
Boost Liquidity:
Increase Rewards: After providing liquidity, you can boost your returns by adding extra tokens as rewards. Choose the reward token, set the amount, and determine the distribution period.
Customize Distribution: You have the option to exclude specific addresses from receiving the boosted rewards, ensuring that your incentives are distributed according to your preferences.
Claim Rewards: Regularly check and claim your rewards from the boosted pool to maximize your earnings.
Lock-Up Period: Some boosted pools may have a lock-up period for tokens. Make sure to read the pool's rules carefully before providing liquidity.
Risk vs. Reward: While boosted pools offer higher returns, they also come with increased market risk. Make decisions based on your risk tolerance.
Switching Pool Views: Use the toggle to view all pools or only those you've joined.
Viewing and Adding Liquidity: The same steps as in the Pool Configuration section apply here, with the additional steps for unlocking boosted rewards.
Select the Reward Token:
Choose the type of token you want to use as an additional reward. This could be the platform’s native token or another supported token.
Enter the amount of the reward token you wish to allocate to your liquidity.
Set the Reward Period:
Determine the duration for which the added rewards will be distributed. This could range from a few days to several weeks, depending on the pool’s settings.
Exclude Address from Award(optional):
Enter the addresses you want to exclude in the provided field. This is useful if you want to prevent certain participants from benefiting from your added rewards.
Confirm Boost:
Review the details of your boost, including the total reward amount and the distribution period.
Click “Confirm” to finalize the process.
