YeeldBoost

Boost your yield by earning extra returns on top of your vault earnings!

As the multichain yield optimizer, Yeeldx always strives to provide the best user experience with the highest APY possible and minimum manual effort. To achieve this, Yeeldx has introduced a service called Yeeld Boost, which promotes exciting projects on various chains and boosts certain vaults with partner tokens for the best APY.

What is Yeeld Boost?

Yeeld Boost is a service that allows users to stake their "yBox Token" deposit receipts in a Boost to receive extra earnings benefits. This means that users earn extra yield on top of their vault earnings.

How do I use Yeeld Boost?

To use Yeeld Boost, first deposit the required tokens in a boosted vault on the main app. Then, stake the "yBox Tokens" in the Boost section to receive the extra earnings benefits. Users can easily check their earned partner tokens and withdraw them at any time.

What are yBoxTokens?

yBox Tokens are interest-bearing tokenized proof of deposit receipts that users receive when they deposit in a Yeeldx vault. They serve as receipts for vault deposits and can earn interest.

How do yBox Tokens earn interest?

yBox Tokens earn interest by being staked in a Yeeld Boost. Users can stake their yBox Tokens in a Boost to receive extra earnings benefits.

How do I redeem yBox Tokens for the initially deposited tokens?

Users can redeem their yBox Tokens for initially deposited tokens by unstaking them from the Boost section and entering the vault where they deposited their yBox Tokens. The earned tokens can then be withdrawn.

What are the advantages of the yBox Tokens system?

The yBox Token system allows users to earn interest on their deposits and receive extra earnings benefits through Yeeld Boost. It also serves as proof of deposit and allows for easy tracking of earned tokens.

How long will the boosted vault last?

The Boost section displays a timer for each boosted vault. Users can unstake their yBox Tokens and earned tokens from a vault anytime after the timer ends.

Do I have to manually unstake from the Boost when it is finished?

Yes, users must manually unstake their yBox Tokens and earned tokens when the Boost ends. Yeeldx cannot move tokens back to the user's wallet for safety reasons.

Can I enter multiple boosted vaults at once?

Yes, users can enter multiple boosted vaults by depositing the required tokens and staking their yBox Tokens in the Boost section for each vault.

Are boosted vaults safe to use?

Yes, Yeeldx has developed boosted vaults with safety in mind and they are completely safe to use. The yBox Tokens staked in Yeeld Boost do not leave Yeeldx.

If I enter a partner vault with my yBox Tokens, will I still earn the ordinary vault reward?

Yes, users will earn both the ordinary tokens and partner tokens as a boost when entering a partner vault with their yBox Tokens.

What does "Pre-Stake" mean?

Pre-Stake means that a boost is upcoming for a particular vault. Users can stake their yBox Tokens ahead of time to receive boost rewards as soon as the boost begins.

How come the APY shown at launch is not the same as it is now?

The APY shown at launch is based on the daily yield, which is affected by factors such as reward rate and total deposited tokens. As more tokens enter the pool, the daily yield becomes lower, resulting in a lower APY. Conversely, if tokens exit the vault, the daily yield increases, resulting in a higher APY.

Are the promoted project and its tokens safe?

Yeeldx conducts due diligence checks on partnering projects to ensure their safety. However, Yeeldx cannot guarantee the safety or value of partner tokens, and it is up to users to make their own financial decisions. Yeeldx cannot be held responsible for user actions.