🚀Points

A guide to understanding and earning points on the Secured Finance platform

Prerequisites

  • A connected wallet

  • Access to the Secured Finance platform

  • Basic understanding of the platform's features

Overview

The Points system rewards you for your contributions to the Secured Finance Protocol. By engaging in various activities on the platform, you can accumulate points that reflect your involvement and support. These points may be used for governance, rewards, or other benefits within the ecosystem.

Step 1: Accessing the Points Dashboard

  1. Navigate to the Secured Finance platform

  2. Connect your wallet if not already connected

  3. Click on the "Points" tab in the main navigation

  4. The dashboard will load with your current points balance and activity history

Step 2: Understanding How to Earn Points

You can earn SFP through several activities:

  1. Deposits

    • Earn points by depositing assets into the platform

    • Points are calculated based on the value and duration of your deposits

  2. Limit Orders

    • Provide liquidity to the order book by placing limit orders

    • Earn points for improving market efficiency

    • Higher points for orders that remain in the book longer

  3. Active Positions

    • Maintain active trading positions to drive ecosystem growth

    • Points are awarded based on position size and duration

  4. Referrals

    • Invite new users to the platform

    • Earn a percentage of the points they earn

    • Access your unique referral link in the Points Dashboard

  5. Daily Login

    • Earn points by logging in and connecting your wallet daily

    • Consecutive logins may provide bonus points

Step 3: Tracking Your Progress

The Points Dashboard provides several tools to monitor your progress:

  1. Check your total points balance at the top of the dashboard

  2. View a breakdown of points earned by activity type

  3. Track your historical point accumulation through the activity log

  4. See your ranking on the community leaderboard

Step 4: Participating in Quests

Quests are special challenges that offer additional point rewards:

  1. Navigate to the "Quests" section of the Points Dashboard

  2. Browse available quests and their requirements

  3. Complete quest objectives to earn bonus points

  4. Track your quest progress in the dashboard

To invite others and earn referral points:

  1. Find your unique referral link in the "Referrals" section

  2. Share this link with potential users

  3. When they sign up and start earning points, you'll receive a percentage

  4. Monitor your referral earnings in the dashboard

Next Steps

After understanding the Points system, you might want to:

Troubleshooting

Points Not Showing Up

If your points aren't appearing after an activity:

  • Points may take a few minutes to be calculated and credited

  • Ensure your wallet is properly connected

  • Check that the activity meets the minimum requirements for point rewards

  • Refresh the page and try again

Referral Not Working

If your referrals aren't being tracked:

  • Ensure the person you referred used your exact referral link

  • Check that they completed the registration process

  • Referral points may only be awarded after the referred user earns their first points

  • Contact support if issues persist

Quest Progress Not Updating

If your quest progress isn't updating:

  • Some quests may have specific conditions that must be met

  • Quest progress may update on a delay

  • Try completing the action again

  • Refresh the page to see if progress has updated

More Information

For detailed information on the SFP system, including point calculations and reward structures, please visit our Secured Finance Points (SFP) page.

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