🏅Points Program
Starting January 1st 2024, you can earn points when holding and using zippySOL across approved defi partners. The points you accumulate will be used to determine the initial allocation of the ZPY governance token when it is released later this year. See The ZPY token for the proposed tokenomics.
Terms and Conditions
Acceptance of Terms: By participating in this Points Program, you agree to these Terms and Conditions.
Eligibility: Participation in the Points Program is open to individuals who comply with the terms herein. It is your responsibility to ensure that your participation is legal in your jurisdiction. The Points Program is not available to anyone where it is illegal to participate in such programs.
Program Description: The Points Program rewards users with points based on their interactions and transactions using the zippySOL token. Details about earning and redeeming points are subject to change at the discretion of the Points Program administrators.
User Responsibility: You are responsible for understanding and complying with all laws, rules, and regulations of your jurisdiction related to cryptocurrency use and points programs. If the Points Program is illegal in your country, you are prohibited from participating.
Points Value and Use: Points earned in the Points Program have no cash value and are solely for use within the Points Program. The ways in which points can be used may change over time.
Modification and Termination: The Points Program administrators reserve the right to modify or terminate the Points Program at any time without prior notice. This includes, but not limited to, changes to the terms, point earning mechanisms, and point redemption options.
No Warranty: The Points Program is provided 'as-is' without any warranties. The Points Program administrators are not liable for any direct or indirect damages arising from your participation in the Program.
Points
| Action | Type | Points | Available during |
|---|---|---|---|
Holdings - Hold zippySOL in your wallet or deposited into any of the approved protocols | Base | 1 point per day | From 2024-01-01 |
Defi points - Deposit zippySOL into approved defi protocols | Defi | 2x of base | From 2024-01-01 |
Defi boost points - Kamino select incentivized vaults | Defi | 5x of base instead of 2x | 2024-03-11 until 2024-04-30 |
Defi boost points - Hawksight select incentivized strategies | Defi | 5x instead of 2x | 2024-02-28 until 2024-04-30 |
Collab boost points - SaveTheWhal3s, holders of Whal3 or Atlant3an NFTs | Collab | 5x of base | From 2024-03-08 |
Collab boost points - Turtles, holders of NFTs. NOTE: this does not apply to the classic Turtle collection. Only turtles from the following collection are eligible https://magiceden.io/marketplace/turtlesnft | Collab |
| From 2024-03-08 |
Collab boost points - Mob Studios, holders of Mob Studios NFTs. https://magiceden.io/creators/mob_studios | Collab | 5x of base | From 2024-04-01 |
Limits & Stacking
The points stack, but are subject to the following daily caps:
Base points - no limit
Defi - max 5x per day
Collab - max 10x per day
Example:
| Action | Points per day | Accumulated Points per day |
|---|---|---|
Deposit SOL on zippystake.org to get 10 zippySOL | 10 | 10 |
Deposit 7 of these zippySOL on Hawksight | 5x7 = 35 | 45 |
Hold a Turtle NFT | 5x10 = 50 | 95 |
Hold a Whal3s NFT | 5x10 = 50 | 145 |
Hold 5 Turtle NFTs | no additional points as you have already reached the 10x Collab max | 145 |
Approved Protocols
Liquidity
Meteora Dynamic Vaults and DLMM
Orca
Kamino Vaults
Hawksight Strategies
Borrow/Lend
Solend
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