Boosting your TRH Rewards
Last updated
Last updated
This guide is assuming you have already provided liquidity and that you are currently staking your LP tokens on the DAO gauge.
One of the main incentive for TRH is the ability to boost your rewards on provided liquidity. Vote locking TRH allows you to acquire voting power to participate in the DAO and earn a boost of up to 3.3x on the liquidity you are providing on Torah.
Click below if you have questions about how the vote locking boost works:
Enter the amount you want to lock and select your expiry. Remember locking is not reversible. The amount of veTRH received will depend on how much and how long you vote for.
You can extend a lock and add TRH to it at any point but you cannot have TRH with different expiry dates.
After creating your lock, you will need to apply your boost.
The first step to getting your rewards boosted is to figure out how much TRH you'll need to lock. All gauges have different requirements meaning some pools are easier to boost than others. It depends on how much others have locked and how much the liquidity gauge has.
Liquidity providers in DEX holding veTRH are able to have the opportunity to gain more weight in mining rewards. This represents a variable increase in the LP's earnings depending on the number of veTokens held by the LP provider. LPs can choose between revenue sharing or mining acceleration. The boost multiplier may vary from LP pair to LP pair, as determined by community governance. veTRH's acceleration feature does not increase the overall amount of TRH mining rewards released.
Block Output=Single block output*(current block-last block)
Regular Reward = ( personal staked LP / staked LP in total ) * Block Output
BaseReward = Regular Reward * (3 / 10)
SpeedReward = (personal weight of the pool/ whole weight of the pool) * Total Staked LP in the pool * 0.7
Take minimum boosting rewards SpeedReward = MIN(Regular Reward * (7 / 10) , SpeedReward)
Speed = (BaseReward + SpeedReward) / BaseReward
Example:
Suppose one stake 10 LP token and there are 100 in total. Block output is 10. Personal weight takes 1 in the pool while the total weight of the pool is 100.
Then:
Regular Reward = (10 / 100) * 10 = 1
BaseReward = Regular Reward * (3 / 10) = 0.333333333...
SpeedReward = (1 / 100) * 10 * 0.7 = 0.07
Take minimum boosting rewards SpeedReward = MIN(Regular Reward * (7 / 10) , SpeedReward)
= MIN(1 * (7 / 10), 0.07)
= 0.07
Speed = (BaseReward + SpeedReward) / BaseReward
= (0.33333333 + 0.07) / 0.33333333
= 1.2100000021000001
≈ 1.21
If you see your new boost on "boost" section of "DAO" page then you do not need to do anything else.
If your current boost hasn't moved, you will need to claim TRH from each of the gauge you're providing liquidity in to update your boost. After doing so, your boost should be showing.
Your boost will not be updated until you withdraw, deposit or claim from a liquidity gauge.
Traders who hold veTRH are able to gain more weight in their trading rewards. This represents a variable increase in the gain from trading, depending on the number of veTokens held by the trader. veTRH's acceleration feature does not increase the overall amount of TRH trading rewards released.
Formula :
Speed = rewardInfo / rewardInfoMax*0.3
rewardInfoMax (user's maximum reward)
rewardInfo (the user's current available rewards)