Boosted Yield
A Step-by-Step Guide for Restaking and Unstaking Fixed-Term Boosted Yield ERC-721 NFT Positions
Last updated
A Step-by-Step Guide for Restaking and Unstaking Fixed-Term Boosted Yield ERC-721 NFT Positions
Last updated
The Boosted Yield function within the Earn tab allows users to restake their sUSDf into fixed-term vaults to enhance yield performance. By locking their sUSDf for a pre-defined period (e.g., 3 or 6 months), users are issued with a time-locked ERC-721 NFT, which represents their boosted staking position and accrues additional yield over time.
Users can also utilize the Express Mint feature to directly mint into a Boosted Yield position from deposited collateral, skipping the intermediate step of staking to sUSDf. Refer to the under the tab for further context on acquiring sUSDf.