🎰What are Points?

In the context of our platform, Points are a form of incentive given to users who make deposits into StableHodl. Here's a detailed breakdown of how Points work:

1. Earning Points: When users stake their assets in the protocol, they are awarded Points as a reward for their contribution. This system is designed to encourage and reward user participation and investment.

2. Calculation of Points: The number of Points a user receives is not arbitrary; it is calculated based on two key factors:

   • Amount of Stake: The more funds a user deposits or stakes, the more Points they earn. This is to acknowledge the level of trust and investment a user is committing to the protocol.

   • Duration of Stake: The length of time for which the assets are staked also influences the number of Points awarded. Longer staking periods demonstrate a user’s commitment to the platform, and thus, earn them a greater number of Points.

3. Benefits of Accumulating Points: Accumulating Points can qualify stakers for various future incentives. These incentives might include:

   • Potential Airdrops: Points might be used as one of the criteria to determine eligibility for free distributions of new tokens or other assets.

   • Allocation in New Projects: Projects in HeLa ecosystem may consider the number of Points held by users as a crucial factor in determining rewards in the framework of Stable x Project partnership program. This means that users with more Points might receive preferential access to new opportunities.

Overall, Points act as a critical component of our reward system, aligning the interests of the users with the growth and success of the platform. They serve not only as a reward mechanism but also as a potential gateway to more benefits and exclusive offers within HeLa ecosystem.

Quick Summary

Chapter	Details
Purpose	Incentive for users to deposit/stake assets in StableHodl
Earning Points	Users receive Points as a reward for staking assets in the protocol
Calculation of Points	Based on Amount of Stake and Duration of Stake
Amount of Stake	More funds staked = more Points earned
Duration of Stake	Longer staking periods = more Points awarded
Benefits of Accumulating Points	Qualify for potential airdrops and allocation in new projects within HeLa ecosystem
Potential Airdrops	Points may determine eligibility for free distributions of new tokens or assets
Allocation in New Projects	Number of Points may influence rewards in Stable x Project partnership program
Overall Function	Critical component of reward system, aligning user interests with platform growth and success
	Acts as a potential gateway to more benefits and exclusive offers within HeLa ecosystem