Overview
Echelon has implemented a points system to track usage of the protocol and monitor and reward its top users and stakeholders. Points will be issued according to the following schedule:
Base points: main source from protocol usage
1 Point per dollar of assets lent per day
3 Points per dollar of assets borrowed per day
Referrals: 10% of all refereeβs 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
Referrals: a unique referral code is be generated on app.echelon.market/points. Users can share this code allows users to earn an extra:
10% of all refereeβs points when you share your link with other user(s).
5% boost on all lifetime points earned if your account is referred by another user.
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