Points program
β¨ Vault Points Program
The Vault Points Program is here to kickstart our stake pool while rewarding participation in the Solana ecosystem. Vault Points are not just numbers on a websiteβtheyβre a revolutionary, fully on-chain rewards system tied to real utility and governance.
π Earning Points
Points can be earned by participating in select DeFi integrations, with more earning methods to come. In the future, these points will be redeemable for governance tokens, The Vault's combined governance and utility token.
π οΈ On-Chain Points: A Game-Changer
Unlike traditional points systems, Vault Points are SPL tokens, fully integrated on-chain for transparency and usability. We utilize Quarry as the staking mechanism to earn Vault Points, ensuring seamless functionality and reliable rewards.
Ways to Earn Points:
Option 1: Standard staking mechanism.
Option 2: Providing liquidity. All ways to earn points can be found here.
Keep in mind that liquidity provision may expose you to impermanent loss. However, since vSOL is always redeemable for the underlying SOL, the vSOL:SOL exchange rate remains stable and consistently increases with staking rewards.
Only the vSOL portion of your deposit earns Liquid Staking Token (LST) staking rewards.
More earning opportunities will be announced soon!
π― Points to Governance Tokens
By Q1 2025, Vault Points will become redeemable for our governance token at a to-be-determined exchange rate, marking a new phase in the Vault's journey toward decentralized governance and utility.
π Join the Program
The Vault Points Program isnβt just about rewards and building a stronger, more transparent network. Start earning today and be part of shaping the future of Solanaβs ecosystem!
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