🏅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

1. Acceptance of Terms: By participating in this Points Program, you agree to these Terms and Conditions.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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	At least one Turtles NFT: 5x of base More than 5 Turtles NFTs: 10x of base	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