FAQ
Q: How do I start using Enhancer? Do I need to deposit into Enhancer?
A: Using Enhancer is simple. You do not deposit funds into Enhancer itself. Instead, you start by connecting your wallet on the Enhancer platform and signing the terms of service (this whitelists your address for rewards). Then, choose a partner protocol campaign from the Enhancer dashboard and provide liquidity to that protocol’s pool or perform the required on-chain action (e.g. deposit into a lending pool or hold a token in your wallet). Enhancer will automatically detect your participation through on-chain data and start tracking your rewards. There’s no separate Enhancer pool to deposit into – you always stay in control of your assets.
Q: What types of protocols can I earn rewards on through Enhancer?
A: Enhancer is designed to be protocol-agnostic and works across many categories of DeFi. It can integrate with practically any platform that has on-chain liquidity or staking. For example, Enhancer supports decentralized exchanges (DEXs), perpetual DEXs, lending/borrowing protocols, L1/L2 staking, liquid staking derivatives (LST), yield aggregators/vaults, real-world asset platforms (RWA), and more. In short, whether you’re providing liquidity on a Uniswap-style DEX, supplying assets to a lending protocol, or staking in a yield vault, Enhancer can likely work with it – as long as the project is officially partnered with Enhancer. The list of active campaigns is available on the Enhancer app’s Earn page, and new partners are onboarded continuously.
Q: Are my funds locked when I use Enhancer?
A: No. One of Enhancer’s core principles is no lock-ups. You can withdraw your liquidity from the underlying protocol at any time, just as you normally would, without any penalty from Enhancer. Enhancer never imposes additional locks or holding requirements beyond what a specific campaign might require. (Some campaigns have a “HODL” condition, meaning you must continue holding a certain token to receive rewards, but even in those cases you are free to sell/withdraw at will – you just wouldn’t earn the extra rewards if you don’t meet the condition.)
There are no exit fees or restrictions from Enhancer’s side. This flexibility ensures you remain in control of your assets at all times.
Q: Are there any fees for using Enhancer?
A: No, there are no fees for liquidity providers.
Enhancer does not charge deposit fees, withdrawal fees, or performance fees on the rewards. If you provide liquidity via Enhancer, you receive the full amount of the base protocol rewards and the Enhancer boost that you’re eligible for.
Enhancer’s revenue model is instead based on the protocol side (it may retain a portion of the incentives provided by partner protocols for its treasury, governance participation, and maintaining the system). From the user’s perspective, the service is free – you’re essentially getting bonus rewards without giving up a cut of them. Just keep in mind you will still pay normal network transaction fees (gas) when interacting with the underlying protocols (e.g. when you deposit or withdraw on a DEX or lending platform), but using Enhancer itself doesn’t add extra fees on top of that.
Q: What kind of additional rewards can I earn?
A: Enhancer provides “boost” rewards (also called top-up rewards) on top of the base APY you get from the protocol. These typically range from 10% to 30% extra on the protocol’s native yield. For example, if a lending pool yields 5% APY normally, Enhancer might boost your reward to 6.5% (assuming a 30% boost).
The upcoming rewards feature includes a Long-Term Participation Multipliers – if you keep your liquidity in place for longer periods (e.g. 30, 60, 90 days continuously), your boost percentage can increase over time (up to a maximum of around 40% additional reward after 90 days). Enhancer basically rewards loyalty and consistency. All boost percentages and conditions for each campaign are clearly displayed on the platform. Keep in mind that the exact boost may vary by campaign and is determined by the Enhancer DAO’s policies and the partner protocol’s incentive allocation.
Q: Where do the extra rewards come from? Are they from Enhancer or the protocol?
A: The extra rewards (top-up rewards) primarily come from the partner protocols themselves, but are facilitated by Enhancer. When a protocol joins Enhancer, it allocates a certain amount of its tokens (or point rewards) to an incentive pool managed by the Enhancer DAO. Enhancer’s smart system then distributes those tokens to users according to the boost formulas. In some cases, Enhancer may also use its own treasury (funded by tokens it accumulates) to supplement rewards or run special incentive programs. But fundamentally, think of Enhancer as a coordinator: projects provide the fuel (tokens) and Enhancer’s mechanism distributes that fuel efficiently to the users who are adding the most value. This model ensures that protocols pay for performance (liquidity and activity that helps them grow), and users get paid fairly for providing that performance.
Q: Do I need to claim my rewards manually?
A: Usually, no. Enhancer is generally “no-claim”, meaning rewards are automatically distributed to your wallet without you having to take action. After each epoch (reward period), the partner protocol’s rewards and the Enhancer boost are calculated, and Enhancer sends the combined reward directly to your address (or makes them available to withdraw via the UI). You can always see your accumulated Pending Rewards on the dashboard, and once they reach a certain threshold (currently $10 minimum) they will be paid out to you.
In some cases, a campaign might specify “manual claim,” which would require you to click a claim button on Enhancer to receive your tokens. This is less common and would be clearly indicated. The vast majority of the time, you don’t need to claim – Enhancer handles the distribution for you, saving you gas fees and hassle.
Q: What are the conditions to be eligible for rewards?
A: Each campaign may have specific conditions, but common eligibility requirements include: a minimum deposit amount (e.g. at least $100 provided in the pool), and sometimes a requirement to maintain your position during the campaign (for example, if it’s a HODL campaign, you must keep holding the token in your wallet throughout to get rewards).
If you withdraw below the minimum or don’t meet the stated criteria, you might not receive the boost rewards for that period. Additionally, some campaigns might require KYC or regional whitelist if mandated by the project (though generally Enhancer itself is permissionless). These requirements will be listed in the campaign details on the Earn page. Enhancer also won’t distribute rewards to any blacklisted addresses (e.g. known hacker addresses or sanctioned addresses), in compliance with legal and security measures.
Q: If I remove my liquidity early or move it between protocols, do I lose my rewards?
A: You will always receive rewards for the time and contribution you already made, but certain bonuses might reset.
For example, if a campaign has a long-term multiplier (like extra rewards after 30+ days), withdrawing early would break that streak – you wouldn’t earn the highest multiplier, obviously. But any rewards you accumulated up to the last completed epoch will still be yours. Enhancer calculates rewards on an epoch-by-epoch basis; if you were in the pool during an epoch’s snapshot, you’ll get your share for that epoch even if you withdraw right afterward.
However, you should note that hopping in and out frequently might mean you miss some snapshots (if you’re out at the wrong time). Also, moving the same funds from one campaign to another is fine – Enhancer is actually designed to let you “recycle” liquidity across multiple protocols to compound opportunities. Just be aware you’ll only earn from where your liquidity is actively deployed at a given time. If you want to maximize a long-term booster, you’d keep funds in one place; if you want to chase new campaigns, you can, but you might sacrifice some long-term bonuses in the original campaign.
Q: Where can I track my rewards and performance?
A: Enhancer provides a Dashboard (often called "My Portfolio") where you can monitor all your linked positions in one place. This dashboard will show metrics like your total linked TVL, your current average APR from all campaigns, how much you’ve earned so far, and any pending rewards that are yet to be paid out. Each campaign you participate in might also have a detailed view showing the specific APR, your contribution, and its status (active, upcoming, or past). Essentially, Enhancer aims to give you a clear, real-time picture of your DeFi earnings across the board. No more juggling multiple sites to see your yields – it’s all consolidated on Enhancer’s interface.
Q: What risks should I be aware of?
A: While Enhancer is designed to be safe (non-custodial, thoroughly vetted partners, etc.), you still face standard DeFi risks. These include smart contract bugs or exploits in the underlying protocols, impermanent loss (if providing liquidity in AMM pools), stablecoins depegging, or extreme market volatility causing losses.
Enhancer’s boost rewards do not shield you from those risks – they are an extra incentive, not insurance against loss. There’s also the scenario of a partner protocol failing to honor its reward commitments (though Enhancer’s cover fund and treasury may mitigate issues like delayed rewards).
It’s important to only invest what you can afford to lose and to diversify across platforms. Enhancer helps by monitoring risk indicators for each protocol (like debt ratios, leverage, etc.) and can adjust reward allocations if a protocol shows red flags, but users should also do their own due diligence. In summary: you keep control of your funds with Enhancer, which removes a lot of platform risk, but you are still subject to protocol risk and market risk. Always stay informed and exercise caution.
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