What are Suilend Points and Capsules?
Learn more about Suilend Points
On May 7th, 2024, Suilend launched a campaign to reward users who deposit assets into the platform with points.
How Suilend Points Work
Suilend distributes 10 million points daily to users, recorded as non-transferable, non-claimable tokens on the Sui blockchain. Each type of asset reserve has its own reward rate.
Example Reward Rates:
The SUI reserve yields 0.0548 points per SUI deposited per day.
The USDC reserve yields 0.0971 points per USDC deposited per day.
The USDT reserve yields 0.1354 points per USDT deposited per day.
Please note that the reward rate for each reserve may change based on the amount of deposits and withdrawals. Additionally, the total daily points distribution may vary as more asset types are supported by Suilend.
Where can I see my Suilend Points?
You can view your points on the top right of the Dashboard and under Protocol Rewards, where you'll find:
Total Points: The cumulative points you have received.
Points Per Day: Daily points based on your current deposits.
Rank: Your position on the Suilend Points leaderboard, updated hourly.
The top 250 addresses and their points are displayed in the Points Hub.
Are there other ways to get Suilend Points? What are Suilend Capsules?
The Suilend team intends to allocate points and bounties as rewards for users who actively contribute to the platform.
Suilend Capsules are one such way. These are NFTs awarded for exceptional contributions to the Suilend community. There are three types of capsule NFTs: Common, Uncommon, and Rare. Capsules will have a benefit that will be revealed near TGE.
Contributions can vary and include activities such as writing threads, creating memes, or promoting the project in ways that benefit the entire Suilend community. Impactful devleoper integrations have been known to be awarded rare Suilend Capsule NFTs.
For additional details, please refer to the official team channels, such as the Suilend Twitter or Discord.
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