Multiplier Points

Multiplier Points reward long-term holders without inflation.

When you stake WSP, you receive Multiplier Points every second at a fixed rate of 100% APR. 1000 WSP staked for one year would earn 1000 Multiplier Points.

Multiplier points can be staked for fee rewards, each staked multiplier point will earn USDC at the same rate as a regular WSP token.

When WSP or Escrowed WSP tokens are unstaked, the proportional amount of Multiplier Points are burnt. For example, if 1000 WSP is staked and 500 Multiplier Points have been earned so far, then unstaking 300 WSP would burn 150 (300 / 1000 * 500) Multiplier Points. The burn will apply to the total amount of Multiplier Points which includes both staked and unstaked Multiplier Points.

To transfer staked tokens without burning Multiplier Points, use the "Transfer" button on the Earn page.

The "Boost Percentage" shown on the Earn page shows your individual boost amount from Multiplier Points. For example, if the USDC APR is 10% and you have $10,000 worth of WSP and esWSP, then your rewards would be $1000 annualized, if you additionally have an amount of Multiplier Points equivalent to 20% of your total amount of WSP and Escrowed WSP, your "Boost Percentage" would display as 20%, and you would get an extra \$200 of USDC rewards annualized.

The “Boost Percentage” is calculated based on the ratio of Multiplier Points to your total amount of staked WSP:

Boost Percentage = 100 * (Staked Multiplier Points) / (Staked WSP + Staked esWSP).