๐Ÿ’ฆIon Points

Borrow Side: 1 point per ETH per hour of debt


Math

exchangeRateโˆ—debtAmountโˆ—hoursDepositedโˆ—leverageMultiplierexchangeRate * debtAmount* hoursDeposited*leverageMultiplier
leverageMultiplier=11โˆ’LTVleverageMultiplier = \frac{1}{1-LTV}

Breakdown

  • daily points per 1 ETH deposited: 24

  • weekly points per 1 ETH deposited: 168

  • monthly points per 1 ETH deposited: 720

  • Borrowers can lever up in which case these amounts would be multiplied by a leverage multiplier greater than 1

Lender Side: 10 points per ETH per hour deposited


exchangeRateโˆ—lenderDepositAmountโˆ—hoursDepositedexchangeRate * lenderDepositAmount*hoursDeposited

Breakdown

  • daily points per 1 ETH deposited: 240

  • weekly points per 1 ETH deposited: 1680

  • monthly points per 1 ETH deposited: 7200

  • After 100 M TVL lenders get 2x points

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