Bootstrapping

Depositooooors! Lock ETH in the Bootstrapper contract and recieve st-yETH at a 1:1 rate (nice when the maths is simple eh?)

This ETH is locked for the 16 week duration of the Bootstrapping period in which time you can vote on LSTs to include in yETH in exchange for bri...incentives.

You’ll get incentives from the LSTs that end up in the yETH basket, whether or not you voted from them. So no need for clever games, vote however you want. Plus you’ll be receiving the yield from the LSTs during the lock up period. Win win.

Whitelisted protocols, time to get those incentives ready. Incentives can be posted in any token and in any amount.

If your LST does not get included in yETH (sad), you’ll be able to claim back the full incentive amount (happy).

If your LST is included in yETH, your incentive will be distributed to all st-yETH holders that participated in the voting process, whether they voted for you or not.