DeFi

Can anyone PLEASE point me to documentation or explain how Pendle’s boosting works?

Is it binary, either you get “max boost” or not? Or is it a sliding scale? Is the boost -> APY variable overtime? What is the function?

Decentralized open source consciousness | Values-aligned communities | citizen of Black Rock City

The baseAPY represents those fees collected via YT yields. Since all vePENDLE holders will receive this.

The maxAPY is taken jf you vote for those pools that has the highest swap fees. We just take the highest volume one. You can actually see how much voter fees per pool you'd be getting in the vote page.

now /backpack • building @so many products • prev. @everyname (acq) @nethermind @proximacapital @consensysacad • thomphreys.com

Note: to my knowledge of roughly 8 months ago. You can waybackmachine on the pendle docs, they actually used to have some really great docs.

Ah right, in your case yes. Rewards are based on a curve. So if you don't stake 100 pendle, but instead do 99, you'll get a rate proportional to the amount staked for the months selected.

The best way to think about this thru the lockup period. You can lockup anytime between the next block and 2yrs. The UI limits this

Let’s go with a concrete example:

For LPing eETH

If the UI says I need to lock up 100 $PENDLE for 3m to get maxAPY, and I only lock up 10 $PENDLE for 3m, will my APY be somewhere in between baseAPY and maxAPY?

If so, how do I see this what the APY would be?

And how do I see the baseAPY at all?