Savvy Booster

What is Savvy Booster?
Savvy Booster is a reserved allocation of SVY for users with an open borrow position and a veSVY balance. veSVY is accrued by staking SVY. Boosted yield earns the user SVY.
The Savvy Booster promotes healthy protocol use by providing Savvy protocol users:
Borrowers benefit because their open borrow position earns them SVY.
Stakers benefit because their veSVY helps earn them SVY.
SVY holders benefit because staking (the method to acquire veSVY) removes SVY from circulation.
How is my Savvy Booster rewards determined?
Savvy Booster rewards are calculated using a function of user's and protocol's total veSVY and outstanding credit balance multiplied by the boosted reward pool. The following equation is used to calculate the  Savvy Booster rewards:
​Ryou:R_{you}: Ryou​:
 Your SVY rewards
​Dyou:D_{you}:Dyou​:
 Your debt
​Dtotal:D_{total}:Dtotal​:
 Total protocol debt
​E:E:E:
 Rate of SVY emissions
​T:T:T:
 Elapsed time
​Ryou=Dyou×veSVYyouDtotal×veSVYtotal×E×TR_{you} = \frac{\sqrt{D_{you} \times veSVY_{you}}}{\sqrt{D_{total} \times veSVY_{total}}} \times E   \times TRyou​=Dtotal​×veSVYtotal​​Dyou​×veSVYyou​​​×E×T
​
How can I see my current Savvy Booster metrics?
Users can refer to the My SVY dashboard on the app to see their current veSVY, Earn Rates and Boost APR.

Last modified 21d ago