Secured Finance Docs
HomeBlogGitHubCommunityStablecoin ↗Fixed Income ↗
  • Introduction
    • ⚜️About Secured Finance
    • 🎏Vision & Mission
    • 🌍Ecosystem Overview
    • 🏁Roadmap
      • Roadmap 2024
      • Roadmap 2023
    • 📚DeFi Starter Guide
      • 🔄DeFi vs CeFi
      • 👛Wallet Setup
      • ⛽Gas Fees
      • 🤝DApps
      • 🏦DEX
      • 📝Smart Contracts
      • 🪙Governance Tokens
      • 🏛️DAOs
  • USDFC Stablecoin
    • 📢Overview
    • 🧙Getting Started
      • ⛽Creating Your First Trove
      • 👛Minting USDFC Step-by-Step
      • 🤝Managing Collateral Effectively
      • 🏦Monitoring Your Position
      • 🏊Using the Stability Pool
      • 💸Redeeming USDFC
    • 🔦Core Mechanics
      • 🏗️System Overview
      • ✏️The Trove System
      • 💰Mint & Borrow
      • 🚰Liquidation
      • 💸Redemption
      • 🧀Protocol Fees
    • 🎓Advanced Topics
      • 🚨Recovery Mode
    • 📔Contracts and Security
    • ❓FAQs
  • Fixed-Rate Lending
    • 📢Overview
      • 📖White Paper
      • 🎓Concept Paper
    • 🧙‍♂️Getting Started
      • 💵Lending Assets
      • 🏦Borrowing Assets
      • 📈Managing Positions
      • 🎮Platform Guide
        • 💰Trading
          • 💲Supported Currencies
        • 📈Markets
        • 🐋Portfolio
        • Bridge
        • 🚀Points
        • 📣Campaign
    • 🔦Core Mechanics
      • 🧩Order Book System
        • 🆎Order Type
        • 🪃Order Life Cycle
          • 💫Case Study: Order Status & Transition
      • 📐Standardization
        • 💠Zero-Coupon Bonds
        • ⏳Fixed Maturity
      • 🏋️Collateralization
      • 🪙Tokenization
      • 🚰Liquidation
        • ⚖️Mark to Market
        • 👮‍♂️Liquidators
          • ✏️How Liquidation Works
        • 📋Liquidation Case Study
      • 🧀Protocol Fees
    • 🎓Advanced Topics
      • 📈APR vs APY
      • ➗ZC Bond Price to APR
      • 📉Discount Factor
      • 🏋️‍♀️ZC Bond Collateral
        • 🏍️ZC Collateral Case Study
      • 🧬Market Dynamics
        • ♻️Auto-Rolling
          • 💰Price Discovery for Auto-Rolling
        • 🗓️New Market Listing and Delisting
          • 🤝Itayose - Fair Price Discovery
      • 🛡️Safety Measures
        • 🚦Circuit Breaker
          • 🛑Price Range Limits
        • 🪄Base Price Adjustment
        • 🌎Emergency Global Settlement
      • ⛓️Orderbook Deep Dive
        • 🎡Orderbook Rotation
        • 🎋Red Black Tree
        • ⏯️Lazy Evaluation
        • ⏮️Genesis Value
        • 🔄Compound Factor
    • 📔Contracts and Security
    • ❓FAQs
  • Developer Portal
    • 🧑‍💻Introduction
    • 🔌API Reference
      • 📈Fixed-Rate Lending Subgraph
        • 🔍Query Examples
    • 📦SDK Reference
      • ⛽Fixed-Rate Lending SDK
      • 👛USDFC SDK
    • 🐛Bug Bounty
  • Community
    • 🤝Overview
    • 🏛️Governance
    • 🪙Tokenomics
      • 🔵Secured Finance Coin (SFC)
      • 🔶Secured Finance Points (SFP) v2
        • 🔶Secured Finance Points (SFP) v1
    • 🎗️Support & Contacts
  • Resources
    • 🖼️Media Kit
      • 🖼️Secured Finance Logo
      • 💲USDFC Logo
    • ⚖️Legal
      • 📜Terms of Use
      • 🔒Privacy Policy
      • ⚠️Risk Disclaimer
Powered by GitBook
On this page
  • What is Secured Finance Points (SFP) v2?
  • When is the SFP launch?
  • SFP and SFC
  • How to earn SFP?
  • Points Dashboard Page
  • Points Calculations
  • 1. Deposit Points:
  • 2. Limit Order Points:
  • 3. Active Position Points:
  • 4. Referral Points:
  • 5. Daily Login Points:

Was this helpful?

Edit on GitHub
Export as PDF
  1. Community
  2. Tokenomics

Secured Finance Points (SFP) v2

Quantifiable incentives designed to build and sustain a robust and active community

PreviousSecured Finance Coin (SFC)NextSecured Finance Points (SFP) v1

Last updated 5 months ago

Was this helpful?

What is Secured Finance Points (SFP) v2?

Secured Finance Points (SFP) v2 is a simplified and user-friendly reward system designed to enhance user experience while reflecting individual contributions to the Secured Finance Protocol. These electronic points serve as a versatile metric to quantify user engagement, determine community rankings, and allocate rewards in a transparent and equitable manner. By streamlining the system, SFP v2 ensures a seamless and rewarding experience for all participants.

When is the SFP launch?

The point system pre-launch phase started on the Filecoin blockchain on June 19, 2024, at 12:00 AM (UTC). The global launch followed on June 28, 2024, at 12:00 AM (UTC), expanding to Ethereum, Arbitrum, Avalanche, and Polygon zkEVM. The updated v2 system will be implemented starting December 27, 2024 at 12:00 AM(UTC). Accumulated points will remain intact, and new points will be added to the existing totals.

SFP and SFC

SFP: Non-transferable points with no economic value, representing user activities and contributions.

SFC: Governance tokens distributed periodically, using SFP as a reference for reward calculations.

  • Initially, 1% of the total SFC supply is allocated for airdrops.

  • This allocation can increase to:

    • 2% if the protocol's TVL reaches $50M.

    • 3% if TVL reaches $100M.

Original contributors from early campaigns will be rewarded separately with SFC tokens, acknowledging their foundational support.

How to earn SFP?

SFP can be earned through various activities within the Secured Finance ecosystem:

  • Increasing TVL.

  • Providing order-book liquidity.

  • Introducing new users via referrals.

  • Logging in daily to the platform.

Points Dashboard Page

Points Calculations

Secured Finance has introduced a points system to quantify and reward user contributions to the ecosystem's success. Points can be earned through five primary activities: Deposits, Limit Orders, Active Positions, Referrals, and Daily Login.

As new products and features are added, additional ways to earn points may also emerge. The points accumulated are directly tied to future airdrops.

Points are given by 12 hour observations, with fractional points rounded (0.4 -> 0, 0.5 -> 1).

1. Deposit Points:

  • Purpose: Rewards users for deposits, which provide the foundation for protocol liquidity.

  • Earning Method: 1 point per $1 deposited per 24 hours.

2. Limit Order Points:

  • Purpose: Incentivizes users to provide order-book liquidity and improve market efficiency.

  • Earning Method: 2 points per $1 per 24 hours, for orders placed within 20% of the Mark Price.

  • Eligibility: No points are awarded for orders placed beyond 20% of the Mark Price.

Limit order between 64.00 to 96.00 will be eligible for the points when the mark prcie is 80.00 (picture below)

3. Active Position Points:

  • Purpose: Rewards users for maintaining active positions, which contribute to ecosystem growth.

  • Earning Method: 2 points per $1 per 24 hours, irrespective of position duration.

4. Referral Points:

  • Purpose: Encourages user referrals to grow the community.

  • Referrer Benefits:

    • Earn 5% of the points earned by referred users.

  • New User Benefits:

    • Receive 50 welcome points when joining via a referral link.

    • Earn a 5% bonus on all points earned.

5. Daily Login Points:

  • Purpose: Encourages regular engagement with the platform.

  • Earning Method: 10 points per day for logging in and connecting your wallet.

Visit the to track your points, rankings, and referral activit

The is designed to monitor earned points from various activities and quickly identify tasks for user contributions from active quests. Users can see their points, ranking, a referral link, and active quests on the dashboard.

🪙
🔶
Points Dashboard
Points Dashboard
Points Dashboard and Leaderboard
Example case for Mark Price of 80.00