🚅Boosting your HERMES Rewards
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 HERMES is the ability to boost your rewards on provided liquidity. Vote locking HERMES allows you to acquire voting power to participate in the DAO and earn a boost of up to 2.5x on the liquidity you are providing on Hermes.
Click below if you have questions about how the vote locking boost works:
Figuring out your required boost
The first step to getting your rewards boosted is to figure out how much HERMES 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.
We do not have a live calculator yet. But when you stake, your APR shown is taking your boost into account.
Formula
The boost mechanism will calculate your earning weight by taking the smaller amount of two values. The first value is simple, it's the amount of liquidity you are providing which in this example is $10,000. This amount is your maximum earning weight.
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