🥁🥁 NOW LIVE: Introducing YAK BOOST for aiAVAX and aiUSD Vaults YAK BOOST is a new unique rewards mechanic where designated Vaults receive a direct automated share of total protocol fees, without diluting rewards for existing YAK holders. How does it work? 🏦 As of today, Yield Yak's Treasury has delegated 800 $YAK (8% of total supply) to the aiAVAX and aiUSD Vaults. 💰 The Vaults stake their YAK allocation to earn their respective share of protocol fees 🔺Protocol fees come in the form of $AVAX rewards which are compounded into the vault, boosting rewards for all depositors As deposits grow, protocol fees increase, which increases yield, and the cycle repeats.... Behold: the YAK-wheel 📈. With $YAK currently earning 17% in real yield, the 800 YAK delegated will boost vault APRs by 2-3% which will begin to show up in returns this week. This mechanic replaces Milk Points for aiAVAX and aiUSD. YAK BOOST represents a significant increase from previous Milk Point...
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