Points
Ventuals points
Program start: Thursday October 16, 15:00 UTC
Snapshots: Every Thursday
Distributions: Every Friday
Emissions: 5M points allocated in the first week, 1M points per week in the following weeks
Eligibility: Hold vHYPE, the LST for Ventuals
With extra boosts for VLP depositors, testnet traders, and Hypurr NFT holders
Ventuals reserves the rights to change the points formulas and multiplier boosts at any time, or modify past point distributions at its sole discretion.
Points system
TLDR: The earlier you deposit to vHYPE, and the longer you stay in, the more points you will earn.
A fixed number of points per week are allocated to vHYPE depositors.
5M points allocated in the first week (Oct 16 – Oct 23)
1M points per week allocated in following weeks
During the week, you will earn 1 “stake-hour” per hour that you’ve had 1 HYPE staked.
At the end of the week:
The total number of stake-hours accrued that week are calculated
Multipliers are applied to stake-hours based on deposit tier
Points are distributed proportionally based on multiplier adjusted stake-hours
Deposit tiers
Tier 1: 0-500K HYPE
10x
Tier 2: 500K-600K HYPE
6x
Tier 3: 600K-700K HYPE
5x
Tier 4: 700K-800K HYPE
4x
Tier 5: 800K-900K HYPE
3x
Tier 6: 900K-1M HYPE
2x
General Tier: 1M+ HYPE
1x
Tier bumps: Deposit tier multipliers incentivize the earliest deposits. When a withdrawal happens, other deposits are bumped up by deposit date, and start earning a higher multiplier.
E.g. if a depositor in Tier 1 withdraws 10K HYPE, the earliest 10K HYPE deposits in Tier 2 get bumped up to Tier 1, the earliest 10K HYPE deposits in Tier 3 get bumped up to Tier 2, etc.
Withdrawals: Withdrawals are applied last-in-first-out (LIFO). This means that a user who has deposits spread across multiple tiers withdraws from the tier balance with the lowest multiplier first.
E.g. if a depositor has 1,000 HYPE in Tier 1 and 500 HYPE in Tier 4, and they withdraw 250 HYPE, that HYPE will come out of the Tier 4 balance.
Queued withdrawals continue to earn native staking yield, but do not earn points. You may cancel your queued withdrawal at any time before it is processed.
Transfers: Transferring vHYPE will bump it down to the lowest available deposit tier. This is important to consider when sending vHYPE to other wallets, vaults, and AMM pools.
E.g. if you have vHYPE in Tier 1, and there is currently 750K total HYPE in vHYPE, when you transfer your vHYPE to another wallet or contract, it will be bumped down to Tier 4.
Multiplier boosts
Boosts increase the multiplier applied to your vHYPE stake-hours, earning you more Ventuals points.
Testnet traders: +1x boost
VLP depositors: +1x boost
Hypurr NFT holders: +1x boost
For example: If you're in Tier 1, and are a VLP depositor and Hypurr holder, you'll receive a 10 + 1 + 1 = 12x boost on your vHYPE stake-hours.
vHYPE must be held in the wallet address that qualifies for multiplier boosts, for multiplier boosts to apply.
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