How to Use Enhancer
Using Enhancer is straightforward and does not require moving your assets into a new protocol – instead, you’ll leverage your existing DeFi activities. Here’s a step-by-step guide:
Connect Your Wallet & Agree to Terms: Visit the official Enhancer app (web interface) and connect your Web3 wallet (e.g., MetaMask). When you connect, you’ll be prompted to sign the Enhancer Terms and Conditions. This signature is off-chain and simply registers your wallet address with Enhancer (essentially adding you to the whitelist of participants). Make sure to read and accept the terms; signing them is required to start earning rewards.
Browse Available Campaigns: Once your wallet is connected, navigate to the Earn section of the platform. Here you’ll find a list of active (and upcoming) campaigns from various partner protocols. Each campaign will show details like the protocol name, the action required (e.g., “Provide liquidity to XYZ Pool” or “Hold ABC Token”), the reward type (token or points), the APR or boost percentage on offer, the duration of the campaign, and any capacity limits or special conditions.
Select a Campaign and Read the Details: Click on a campaign that interests you. You’ll see a more detailed page with information such as the network (Ethereum, Arbitrum, Base, etc.), the specific pool or token involved, the total reward pool available, and conditions like minimum deposit or holding period. Make sure you meet any eligibility criteria listed (for example, ensure you have at least the minimum required amount, and that you’re not in a restricted region for that campaign).
Perform the Required On-Chain Action: Follow the instructions to participate. If it’s a “Provide Liquidity” campaign, you’ll need to deposit the specified token(s) into the target protocol’s pool. Enhancer often provides a link or interface for this. In many cases, you might go to the protocol’s own app to deposit (e.g., provide liquidity on Uniswap or stake in a vault) – Enhancer doesn’t take custody, so you usually deposit directly on the protocol. If it’s a “HODL” campaign, simply hold the required token in your wallet; the Enhancer platform will detect your balance. Important: Do this after signing up on Enhancer, so that your activity is tracked. Enhancer integrates via API and smart contracts to monitor your wallet’s interaction with partner protocols in real time.
Verify Your Participation on Enhancer: After you’ve done the on-chain action, check back on the Enhancer campaign page. It should recognize your deposit or holdings (this may happen almost instantly or might update at the next snapshot). You’ll typically see your “Eligible Balance” displayed for that campaign, which is the amount that will count toward earning rewards. If something isn’t showing up, ensure that you used the correct wallet and pool, and that the campaign is live. You can also check that you’ve met all conditions (e.g., if there’s a capacity limit, you might only see part of your deposit as eligible if the cap was reached).
Watch Your Rewards Accrue: Once you’re successfully enrolled in a campaign, you start earning! Enhancer will track your contribution and calculate your share of rewards each epoch. You’ll see Pending Rewards accumulating either on the campaign page or in your Portfolio dashboard. The platform might show an estimated APR or APY for your position, combining the protocol’s base yield and the Enhancer boost. You don’t need to do anything else special – just maintain your position as desired. If it’s a long-term campaign, keeping your liquidity in place over multiple epochs could increase your boost (if applicable).
Collect or Compound Rewards: Enhancer distributes rewards automatically to your wallet (for most campaigns) after each epoch or when certain thresholds are met. For example, rewards might be sent daily, or the UI might let you manually claim them. Check the Reward Payout policy of the campaign: if it’s “No Claim,” rewards will appear in your wallet without action; if it’s “Manual Claim,” you’ll have a button to claim on the interface. You can choose to compound those rewards back into the protocol (if you want to grow your position) or use them elsewhere – since they’re in your wallet, they’re yours to control.
Monitor and Adjust: Throughout the campaign, keep an eye on the metrics. Enhancer provides real-time data – you can see how the campaign is doing (e.g., how much of the reward pool is left, how filled the capacity is) and how your personal yield is tracking. You might decide to add more liquidity if there’s capacity and you want to earn more, or withdraw if you need to use your funds (remember, you can exit any time; just note that leaving early might forfeit some long-term bonuses). When a campaign ends, you can withdraw your funds from the protocol if you wish, or migrate them to new campaigns.
Tips:
Before participating, ensure you’re using the correct official links to avoid phishing. Enhancer will never ask for your private key; you only sign a message to authenticate.
Gas fees: providing liquidity or staking often costs gas. Plan to do these on a network that makes sense for the amount you’re investing (for small amounts, L2 networks or sidechains might be more cost-effective).
Diversify campaigns if you like – Enhancer lets you participate in multiple campaigns simultaneously. Your Portfolio will aggregate your overall performance.
Stay informed by reading any announcements or updates from the Enhancer team or the partner protocol. Occasionally, parameters could change (like an extension of a campaign or additional rewards added).
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