Boosted Vote Strategy (Sunset)
Empower your vote
What was the Boosted Vote Strategy?
Some sdCRV holders were more interested in boosting their influence in governance decisions, and having a liquid token than earning yield with it. This is where vsdCRV came in. vsdCRV allowed sdCRV holders to boost their voting power, thanks to delegated veSDT. They also benefited from vote incentives.
How it worked
Holders of sdCRV could deposit their tokens into the contract to obtain vsdCRV. Users also had the option to deposit CRV directly, or staked sdCRV (gauge tokens), with the conversion handled automatically by the contract.
Similar to Concentrator, veSDT holders could delegate their voting rights to vsdCRV, in exchange for the yield normally claimable by sdCRV holders (except vote incentives).
With this strategy, vsdCRV holders could boost their voting power and vote on sdCRV and sdCRV-gov snapshot spaces. They were also eligible for vote incentives like any other voter who voted for a gauge with vote incentives.
Here is a diagram detailing the architecture:
How it used to work, in summary
Boosting voting power (no longer effective)
Step 1: Deposit CRV or sdCRV
Deposit CRV or sdCRV on the Boosted Vote Strategy contract to receive vsdCRV.
Step 2: Benefit from veSDT Boost
vsdCRV holders benefited from the veSDT boost delegated to the Boosted Vote Strategy contract by veSDT holders. In exchange, veSDT holders received all the rewards (CRV platform fees, 3CRV trading fees, and SDT incentives, except vote incentives) that were normally claimable by vsdCRV holders.
Delegating veSDT for rewards (no longer effective)
Step A: Delegate veSDT
Delegating veSDT to the Boosted Vote Strategy contract used to boost the voting power of vsdCRV holders.
Step B: Claim Rewards
As a veSDT delegator, you could claim the rewards normally claimable by vsdCRV holders.
If you're looking to boost voting power today, migrate to vlSDT and use the BoostMarketplace instead.