What is Boost?

Boost is Carrot's leveraged yield farming product. It lets you amplify the yield on yield-bearing assets like JLP, FLP, and ONyc by borrowing stablecoins against your collateral and using them to acquire more of the same asset — a strategy known as looping.

You choose the leverage level. Carrot handles the execution, monitoring, and position management infrastructure. The result is amplified yield, but with amplified risk — Boost positions can be partially liquidated if the collateral drops in value.

How it works

1. Deposit collateral — You supply a yield-bearing asset (e.g., JLP) as collateral
2. Set leverage — Choose your leverage level using a slider (e.g., 2x, 3x, up to the asset's maximum)
3. Automated looping — Carrot borrows stablecoins against your collateral, buys more of the collateral asset, and repeats until the target leverage is reached
4. Amplified yield — Your entire collateral position earns yield, amplified by the leverage factor
5. Monitor — Your health factor and liquidation price are visible at all times
6. Adjust or close — Add collateral, change leverage, withdraw, or close your position at any time

Why use Boost?

Boost is designed for users who already hold yield-bearing assets and want to amplify their returns. Instead of manually looping across protocols, Boost automates the entire process in a single transaction.

Example: If JLP earns 20% APY at 1x, a 3x Boost position would earn roughly 60% APY on the collateral yield — minus the cost of borrowing stablecoins to achieve that leverage.

Net APY

Your actual yield from a Boost position depends on three factors:

Net APY = (collateral_yield × leverage) - (borrow_rate × (leverage - 1)) + emissions_APY

• Collateral yield — The base APY of the asset you deposited (e.g., JLP's fee yield)
• Borrow rate — The interest rate on the stablecoins borrowed to create leverage
• Emissions — Additional token rewards when available

Higher leverage amplifies both the collateral yield and the borrowing cost. The position is profitable as long as the collateral yield exceeds the borrow rate.

Supported assets

These are all yield-bearing assets that earn native yield (e.g., JLP earns fees from Jupiter's perpetual exchange). Boost amplifies this native yield through leverage.

Health factor and liquidation

Every Boost position has a health factor that measures how safe it is:

Health factor = Σ(collateral_value × maintenance_weight) / Σ(debt_value × liability_weight)

• Health > 0% — Position is safe
• Health = 0% — Position is at the liquidation threshold

When a position's health factor drops to 0%, it becomes eligible for partial liquidation:

• A liquidator repays a portion of your debt using equivalent collateral
• A 7% liquidation penalty is applied to the collateral portion used to repay the debt
• This is a partial unwind, not a full closure — typically restoring about 70% of the deficit
• The effective cost is usually less than 1% of total collateral due to the partial nature

Fees

Boost vs. Turbo

Boost and Turbo both use leverage, but they work differently:

Choose Boost if you want control over your leverage and are comfortable monitoring positions. Choose Turbo for hands-off leveraged exposure.

Risks

Next steps

• Product Overview — Compare Boost with CRT, Turbo, and other Carrot products
• What is Turbo? — Managed leverage tokens as an alternative to Boost
• What is CRT? — Lower-risk yield through CRT
• Open a Boost position on Carrot — Go to the app