Boosted

Overview

Boosted Deposits are the higher-yield option of Protect. By choosing this route, depositors take on the role of covering losses for Protected Deposits if a covered dApp fails. In return, they earn additional yield sourced from both their own lending returns and a share of Protected Deposits’ interest.

Key Benefits

• Higher Potential Returns: Earn extra yield thanks to the “protection fee” contributed by Protected Deposits.

• Diversified Earning: Still benefit from the lending markets while receiving extra compensation for risk.

• Support the Ecosystem: Provide essential coverage to Protected Deposits, maintaining system stability.

Risk Considerations

• First-Loss Position: If any integrated dApp experiences a failure, Boosted Deposits are used first to cover the shortfall for Protected Deposits.

• Partial or Total Loss Possible: Depending on the severity of the failure, Boosted Depositors may lose some or all of their funds.

Yield

Boosted Deposits accrue lending yields directly from integrated protocols. They also receive a share of the interest from Protected Deposits.

Ideal User

Those comfortable with taking on higher risk in exchange for higher returns and willing to assume first-loss responsibility.