🚀Boosts
In this section you will find answers to the frequent questions about boosts.
What is Boost
Boost is a revolutionary way for products and enthusiasts to reward users for providing liquidity. Think of it as a farming campaign with a focus on user experience (UX), suitable for newbies, and offering opportunities that are attractive to experienced crypto users.
Boosted liquidity pool is a pool with additional rewards for liquidity providers. Simply deposit liquidity into a pool and start earning not only the share of swap fees, but also enjoy extra rewards on top of it.
Launched yet in January, 2024, Boosts have already passed an impressive open and transparent live test by thousands of users, including those who took part in in 2024, when together with DeDust have been distributed through Boosts between DeDust pools liquidity providers.
Advantages of boost compared to regular farming
Boosts do not require any additional actions besides depositing liquidity. There's no need to send for farming — you can simply deposit liquidity into a boosted pool and receive additional rewards.
If you decide to temporarily lock pool's liquidity, sending your LP tokens to a locker smart contract, consider that your wallet will stop receiving boost rewards once you lock the liquidity. Before doing so, find out whether the rewards will be available for claim from the lock (at least after the lock ends).
Also make note that 'burned liquidity', or LP tokens sent to , making the original tokens in the liquidity pool locked permanently, do not take part in boost rewards distribution.
One pool may be boosted by multiple tokens at the same time. Anyone can add rewards (Boosts) to any pool. There is no limit to the amount of Boosts happening simultaneously in one pool.
Although the tool is primarily designed to help founders reward their community, Boosts decentralized nature allows anyone to provide rewards and . Feel free to support your favorite token.
Boosts allow you to earn more by putting your LP tokens to work in other supported protocols. Since Boosts do not require users to put LP tokens into a smart contract, these tokens may be used in other farming-like protocols.
These protocols must be supported by DeDust. If a user puts LP tokens into non-supported protocols, boost rewards will be credited to the smart contract that holds LP tokens. Make sure you'll be able to get them.
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