Astrol Points
Overview
Astrol points are now live on app.astrol.io/points. Points provide a quantitative answer to the question of how much a user has contributed to the Astrol success!
Points can be earned in three ways on Astrol. As more products emerge in the Astrol Protocol, new ways of earning points may appear as well.
Points
Users can earn points on Astrol by lending and borrowing assets and referring new users. These points are all equal but some actions have higher points earning potential than others. 1 lending point = 1 borrowing point but 1 borrowing point can be earned with less capital!
Lending points
Any user with current deposits on Astrol has been earning points in the background. Every dollar lent earns 24 point per day. The more you lend, the more points you earn. The longer you lend, the more points you earn.
The users who have deposited the most for the longest currently have the most points and will continue to unless someone deposits more.
Borrowing points
Borrows are the main driver of a lending protocol’s success and help to grow the overall DeFi eco. As such, borrowers receive more points than lenders. $1 borrowed will earn 72 points per day.
The collateral lent to open a borrow will count for lending points as well, meaning borrowers earn not only the boosted points from borrowing but also points from lending!
Referrals
Users can also earn points through referrals. A referring user will get 15% of the points the users they refer earn. These are not reduced from the referred users balance, they can still earn points at the same rate outlined above.
View your points and get your Refferal link
Points have been retroactively awarded for all previous Astrol activity according to the rules above. View your points today and get your referral link at app.astrol.io/points.
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