Boost Returns
Increase Your Rewards with $STAY
The Boost Returns feature allows investors to enhance their monthly returns by purchasing a booster, which supports the $STAY token ecosystem and ultimately burns $STAY tokens. By purchasing a booster, users can increase their rental income by an additional 5%, adding significant value to their investments without the need for ongoing commitments like staking.
How Boosting Works:
After purchasing property shares, you already receive monthly returns, typically around 10% APR. With the Boost Returns feature, you can boost those returns by an additional 5% for a period of 1 year, ensuring higher rewards for your existing holdings.
Key Rules and Benefits:
Boost Applies to Current Shares Only:
The boost is only applicable to the shares you hold at the time of purchasing the booster.
For example, if you have $1,000 worth of shares and buy the booster, the enhanced returns will be based on that $1,000 investment. If you buy additional shares in the future, the booster does not apply to those extra shares.
One-Time Booster Fee:
The booster requires a one-time fee of 2.5% of the total value of the shares you want to boost. For instance, boosting a $1,000 investment will cost you $25.
The fee is not staked, but is used to buy back and burn $STAY tokens, contributing to reducing the token supply and driving long-term value for the ecosystem.
Booster Validity:
The booster is valid for 1 year, after which you would need to purchase another booster to continue enjoying the additional 5% returns.
Additional 5% Rewards:
The booster adds 5% extra rewards to your regular returns, paid out in $STAY tokens.
The value of the $STAY tokens you receive will depend on the exchange rate at the time of claiming your rewards, offering flexibility in your returns.
Managing Your Extra Rewards:
After receiving your boosted returns in $STAY tokens, you can choose from a variety of options to manage your earnings:
Convert to USDC: You can convert your $STAY tokens into USDC, a stablecoin tied to the US dollar, for more predictable and stable returns.
Reinvest in Liquidity Pools: Alternatively, you can reinvest your $STAY rewards into our liquidity pool for compounding rewards, helping you grow your investment even further.
By utilizing the Boost Returns feature, you not only increase your rental income but also actively contribute to the long-term growth and stability of the $STAY token ecosystem, benefiting both your personal investment and the broader community.
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