bON Extensions
bON extensions are crucial to the entire Onsen ecosystem, and the main idea is to finely manage the emission of the ON token within the system, and set different reward mechanisms for different application scenarios, so that anyone participating in the ecosystem can find the suitable use case for themselves.
Dividends
Users who allocate bON to the Dividends extension receive a majority of the protocol earnings as a redistribution. This redistribution occurs continuously, at a rate of reward per second, and can take the form of one or more tokens.
The distribution is based on a weekly epoch system, where a fixed portion of the owner-defined accumulated tokens is marked for distribution each week. This process is repeated every 7 days. During each epoch, the tokens are distributed equally over its duration and allocated on a second-by-second basis to users with bON allocations on the Dividends extension.
Yield Booster
Users can earn additional yield by allocating their assets to a staked position through the Yield Booster extension. By default, the induced yield boost multiplier is x2, although it may vary depending on the situation.
The boost multiplier is calculated for each position based on several factors, including the position's LP amount, the total staked LP amount across all positions and users, the position's allocated bON amount, and the total allocated bON across all positions with the same LP. However, the LP max boost multiplier can not exceed x2.5.
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