🎁Overview

Echelon has implemented a points system to track usage of the protocol and monitor its top users. This is a key part of our plan to decentralize governance and ownership key stakeholders. Points will be issued according to the following schedule:

Base points: main source from protocol usage

  • 1 Point per dollar lent per day

  • 3 Points per dollar borrowed per day

  • Referrals: 10% of all referee’s points (coming soon)

Boosters: custom actions that can be done for a % boost to base points issuance

  • Holding a certain token or asset (coming soon)

  • Supplying TVL to a specific pool or strategy (coming soon)

  • + more

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