Boost mechanism for Strategy APY and Protocol TVL
$POOL Governance can vote on the boosting APY for chosen strategies (same as Convexarrow-up-right boost APY on Curvearrow-up-right, read more about Great Curve Warsarrow-up-right).
1) Boosting APY from 300% to 1000% brings more depositors to the Strategy
2) Growing TVL earners more fees and boosting the total APY of the Strategy
3) Growing APY generates more fees from the protocol for $Pool Treasury
4) $POOL Governance redeploys earned fees from $POOL Treasury to boost strategy APY.
5) The circle repeats boosting protocol TVL, strategies APY and $POOL Treasury
Last updated 3 years ago