Yield boosting refers to the strategy where instead of depositing your funds into a farm (e.g. Yearn USDC vault), you use your funds to purchase the corresponding PYT on the market (e.g. Yearn USDC vault PYT).
- Because PYT trades at a price lower than the underlying asset (see here), using the yield boosting strategy can give you a 1-2x multiplier on the yield you earn.
- If the yield rate goes up, your portfolio goes up.
- If the yield rate goes down, your portfolio goes down. This is the main risk of yield boosting.
How do you do it?
Go to the Boost page of our website to start using yield boosting.