Boost farming rewards

The spNFT (version 2) offers enhanced farming rewards through two mechanisms: Time-locking and Yield Boosting.

These incentives, which apply specifically to YUM and DSP, are driven by multipliers that can amplify the farming emissions Annual Percentage Rate (APR).

The highest possible multiplier is 3x, effectively tripling the original APR.

LP trading fees and Nitro pool rewards won't be affected by either of the boosts, only existing farming emissions APR will be boosted.

Here's how the multipliers work:

• A 2x Multiplier results in a 100% increase in the farming emissions APR.

• A 3x Multiplier leads to a 200% boost, doubling the original APR.

Time-Locking Feature:

• Users can set a lock duration for their spNFT either during its creation or afterward through the position management panel.

• The maximum lock duration is 6 months, which provides the highest boost through time locking.

• The maximum multiplier achievable through time locking alone is 2x.

To lock an existing spNFT position:

1. Go to the 'Earn' section.

2. Click on the 'Positions' tab.

3. Select the spNFT position you want to lock.

Note: These boosts only apply to farming emissions APR. Other aspects like LP trading fees and Nitro pool rewards remain unaffected by these multipliers.

How to:

Boost Yield