Overview

Boost 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

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

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

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

Risk Considerations

Rich Text Lorem Ipsum Generators come in various forms to cater to diverse needs. Here are some common types:

1. First-Loss Position If any integrated dApp experiences a failure, Boosted Deposits are used first to cover the shortfall for Protected Deposits.2. Software Plugins

2. 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 Type

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