How to maximize your APR
Obtaining Boost
Welcome to our guide on obtaining a yield boost in the updated EYWA Locker! If you want to increase your profit from participating in Farms, enhance your voting power in EYWA DAO governance, and take advantage of extra incentives for locking tokens, this instruction is exactly what you need.
In this step-by-step guide, you will learn how locking EYWA NFTs, EYWA tokens, and vesting safes can help you gain the maximum boost, which directly affects your vAPR (variable Annual Percentage Rate) in the Farms pool. We will take a detailed look at how to select and attach an NFT, add vesting safes or tokens from your balance, calculate both your current and maximum boost using the APR calculator, and manage any existing locks through the EYWA Locker.
By following the steps and calculations provided, you will be able to optimize your investments, gaining additional bonuses and influence in the DAO. This guide is suitable for both newcomers and experienced project participants looking to get the most our of their assets. Enjoy the process, and may your income grow along with your involvement in the EYWA community!
By going to the Farms staking page, you can see all the available liquidity pools for locking and the yields they offer.
As you may have noticed, the vAPR range is shown for each liquidity provider individually.
To find out your current vAPR, click on the APR calculator after connecting the wallet that supplies liquidity to the pool.
You will see your current APR and boost in the pool, which depend on how many veEYWA you have and whether you have an EYWA NFT locked (more details available here).
A question arises: how do you get the maximum boost and return from the pool? It is simple. You can get a boost by locking EYWA NFTs, vesting safes, and owning veEYWA.
To achieve maximum vAPR, you need to complete a few simple steps.
Open the EYWA Locker and follow the Lock Tokens link.
On the Create Token Lock page, open the Select your EYWA NFTs and boost voting power menu to obtain a boost by locking an EYWA NFT.
In the pop-up menu for choosing the NFT for the lock, you can see the boost provided by each NFT based on its rarity (more details available here).
After choosing an NFT for creating the lock, click Lock EYWA NFTs
If you selected an EYWA NFT with an empty container, you will not be able to continue creating the lock to get the boost.
In order to get a boost and create the lock, you need to add tokens or vesting safes to the NFT’s container by going to the EYWA NFT Manager or add EYWA tokens from your wallet balance, or vesting safes in the Create Token Lock interface.
To add vesting safes, click on the Select your vested EYWA to receive veEYWA menu.
In the pop-up menu for choosing vesting safes, we have great news for rYEWA holders (more details here): these safes are available for adding to an EYWA NFT lock for obtaining a boost!
After selecting the vesting safes you want to add to the lock in your EYWA NFT, click Lock selected
Once you have chosen the vesting safes for adding to the EYWA NFT lock, the application will recalculate your average boost.
If you do not have vesting safes, you can add EYWA tokens from your wallet balance (use the Buy token link for quick purchasing) to be added to the EYWA NFT lock, the application will recalculate your average boost.
After choosing how to add tokens or vesting safes to the EYWA NFT lock and selecting the lock duration, the application will calculate your boost and how many veEYWA votes you will receive (more details here). To proceed with creating the lock, click Create lock and sign the transaction(s) in your wallet.
First, sign the Approve spending transaction
After the transaction is successfully confirmed on-chain, confirm the creation of thee lock and sign the transaction(s) in your wallet by clicking Create lock
Once the lock is created, your vAPR will change to a more profitable one, depending on how many veEYWA you own and the boost obtained after locking the NFT.
You can also manage the created lock by adding vesting safes, EYWA NFTs, or tokens from your wallet balance. Go to the EYWA Locker and click Manage next to the lock you are interested in.
You can find a detailed description of the Manage lock application here
To get the maximum boost, use the APR calculator to see how many veEYWA are needed for the maximum boost. On the Farms page, click on the
icon to open the calculator.
You will see your current vAPR. To get the maximum vAPR, move the slider and calculate how many veEYWA are required to achieve the highest yield.
In our example, you need to add 811.72 veEYWA to the lock, which can be done by following the Get veEYWA for BOOST link.
After selecting your preferred way of creating a lock and specifying the lock duration in the Create Token Lock application, click Create lock and sign the transaction in your wallet.
Returning to Farms, you will see that APR and boost have reached the maximum for the amount of liquidity you have provided.
Now that you have a detailed overview of how to obtain a yield boost through the EYWA Locker, it is time to put this knowledge into practice. By following the steps described, you will increase the efficiency of your participation in Farms and strengthen your influence in EYWA DAO. Every choice you make and action you take contributes to the steady growth of your potential and your long-term commitment to the project.
Use this plan as a tool to optimize your investments and manage your assets. Your determination and well-thought-out planning will help you not only increase your yield, but also contribute to the development of the EYWA community.
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