Adamant Finance Governance Proposal for to Boost Weight Reduction

A proposal to reduce the ADDY boost weight from 100% of the emission rate to 50% of the emission rate has been made.

The boost for vaults is a multiplier of the emissions rate. Locking ADDY allows users to boost their vault rewards. This brings the emission rate of ADDY above the normal ratio (as of tomorrow 400 ADDY per every ETH of profit).

About Adamant Finance

Adamant is a yield optimizer vault that provides users with an easy and safe way to automatically compound their tokens on the Matic/Polygon network and maximize their yields. Adamant currently has over 150 vaults for Quickswap, Sushiswap, and other leading platforms on the Matic/Polygon network.

➡️Source:
https://adamantfinance.medium.com/governance-proposal-boost-weight-reduction-72adef83e75e