Boost
Staking MTA can also give a boost to the earned MTA from Feeder Pools and Save.
Last updated
Staking MTA can also give a boost to the earned MTA from Feeder Pools and Save.
Last updated
Depositing as a Liquidity Provider for the Feeder Pools, or staking into Save Vault accrues additional MTA rewards. These rewards can be increased with a boost. A boost can be acquired by staking MTA in the Staking app.
A boost from staking can be applied to a maximum of 6 vault contracts.
The multiplier is set by default to1.00xand increases with the amount of MTA that is staked in the staking contract. Additionally, any multipliers earned from quests also increase that balance. The resulting balance is then denoted as vMTA (voting MTA). This represents voting, earning and boosting power.
vMTA itself is derived from both staking tokens vMTA = stkBPT + stkMTA. Normally, a user would only stake one of these. Read more in Staking V2.
Using vMTA the boost is then calculated as:
With deposit as the balance of the vault
and priceCoeff as the pool dependent price coefficient to denominate the rough value of a vault token.
