RHEA Point System

Introduction

The RHEA Points System is designed to incentivise platform activity by rewarding users for trading, liquidity provision, and community engagement. Points are accumulated based on specific actions and can be used to enhance user participation in the ecosystem.

Point Categories & Earning Mechanisms

1. Trading Points

Users earn points through token swaps, using the aggregator bridge, and margin trading.

Action
Point Calculation
Rule

Swap $50

10 Points per $50

Minimum transaction: $50

Swap more than $1000 in a single transaction

200 Points + 50% Boost = 300 Points

Applies to Selected Pool Tokens:

Ref-NEARUSDC-NEARnBTC-NEARMeme Season Pools Stable pools (Stablecoin-BTC pair)

Bridge $50 via the Aggregator Bridge

10 Points per $50

Minimum transaction: $50

Bridge more than $1000 in a single transaction via the Aggregator Bridge

200 Points + 50% Boost = 300 Points

EVM to NEAR USDC bridge

Margin Trade $50

10 Points per $50

Minimum transaction: $50

Margin Trade more than $1000 in single transaction

200 Points + 50% Boost = 300 Points

Applies to all meme season pools

Example Calculation:

  • A $1,000 total swap in Selected Pool Tokens:

    • Base points: (1,000 ÷ 50) × 10 = 200 points

    • 50% boost for $1,000+ swap: +100 points

    • Total: 300 points

2. Liquidity Pool

Users earn points by supplying assets to liquidity pools or borrowing assets.

Lending & Borrowing Rewards

Action
Point Calculation
Rules

Supply $100 TVL for 1 Day

100 Points

Receives Point Daily

Borrow $100 TVL for 1 Day

300 Points

Receives Point Daily

*Note: Minimum deposit & borrow is $100 per transaction, no points for amounts below $100

Liquidity Pool Contributions

Liquidity Pool
Point Calculation
Boosted Pools

$100 TVL in Pool

200 points per day

-

$1000 TVL in Pool

2,000 points + 50% boost = 3000 Points

Example Calculation:

  • Provide a total of $1,000 in the USDC-NEAR pool:

    • Base points: (1,000 x 2) = 2000 points

    • 50% boost for $1,000+ swap: +1000 points

    • Total: 3000 points

Note: Locked LP from users will not count toward points as Locked LP is intended for LP deployers to utilize the feature and provide a sense of safety for the community.

3. Community Points

Earn points through social media engagement, referrals, and platform advocacy.

Type
Action
Point Calculation

Twitter Thread (DeFi topic)

Must meet engagement criteria

To Be Determined

Educational Guide

Must be original & informative

To Be Determined

Referral (New User)

Referrers earn 10% of their referees' points

Example:

Referee (B): Earns 100 points upon joining.

Referrer (A): Receives 10% of the referee’s points (e.g., if B gets 100 points, A gets 10 points)

Multipliers & Bonus Mechanisms

Users can earn bonus points by maintaining long-term engagement on Margin Trading and Supply/ Borrow

Margin Trading

Activity Streak
Point Multiplier Applied

10 consecutive days of swaps

1.2x every future swaps

20 consecutive days of swaps

1.5x every future swaps

30 consecutive days of swaps

2x every future swaps

Supply and Borrow

Activity Streak
Point Multiplier Applied (After 10 Days)
Point Multiplier Applied (After 20 Days)

$100 TVL supplied for 1 day = 100 points

1.2x

1.5x

$100 TVL borrowed for 1 day = 300 points

1.2x

1.5x

Liquidity Provider

Activity Streak
Point Multiplier Applied (After 10 Days)
Point Multiplier Applied (After 20 Days)

$100 LP supplied for 1 day = 200 points

1.2x

1.5x

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