Proposal 7: How to Use the $CRYSTL from Buybacks for V3 Vaults

Option A: Use the $CRYSTL to Boost Vault Rewards

Option B: Use the $CRYSTL to create a stake $CRYSTL earn $CRYSTL Pool with $CRYSTL Maximizers built on top of it

Our V3 Vault Release will not only increase the efficiency and structure of our Crystl Vaults but will have exciting new and original features: Boosted Vault Rewards and Single Token Maximizers. These will allow Crystl Finance to have an edge over the current market and competition as a premier Yield Maximizer. For this proposal, we will decide how to allocate the $CRYSTL that was bought back in January to these new features on both Polygon and Cronos (you can read further about V3 Vaults here: https://crystlfinance.medium.com/v3-vaults-the-frontier-of-defi-yield-maximizers-9350eaa7b10).

Option A will use the $CRYSTL to boost the rewards on our most popular Vaults. This will allow users staked in these Vaults to earn $CRYSTL on top of the Vault rewards, thus increasing the APY. Not only does this mean extra rewards, but incentives more TVL in the Vaults which in turn will increase the Revenue Sharing Pool. V3 Boosted Vaults Strategy

For Option B, the $CRYSTL would be used for a single staking pool for stake $CRYSTL earn $CRYSTL. We will then set up $CRYSTL Maximizers on top of this pool which will allow for staking of LPs and other tokens to earn bought back $CRYSTL. This option will both give a single staking pool for $CRYSTL and additional farming strategies that put buy pressure on $CRYSTL.