Boosting Emissions

Another benefit of locking up your CHY tokens is that doing so allows you to boost the rate at which you earn emissions. This means that you will earn more CHY tokens when undertaking activities from your vault (minting cUSD, maintaining a debt balance, etc.), subject to a maximum.

The boosting mechanism exists to incentivize users of Chymia to lock up their CHY governance tokens and participate in voting.

How Boosting Works

1. You can claim a maximum amount of CHY equal to the percentage of your lock weight versus the total lock weight in the protocol.

2. When you have claimed more than this percentage, your boost rate will begin to decay, which decreases the amount of tokens you can earn via boost in the future.

3. Boost rates are recalculated at the beginning of each epoch.

Example:

If your lock weight is 5% of the protocol's total lock weight, you can claim a maximum of 5% of an epoch's emissions.

When you have claimed more than 5%, your boost rate begins to decay, decreasing the amount of tokens you can earn via boosting. This continues until your boost rate reduces to 0, where you will only be earning CHY at an unboosted rate.