FAF Rewards Multiplier
Last updated
Last updated
Users can earn a additional multiplier on the rewards they earn from staking their $FAF This multiplier is earned by collecting Voltage Points aka VP At the end of an epoch these Voltage Points helps you in securing a FAF Rewards Multiplier which will help you to boost your FAF rewards at the end of the epoch. The FAF Reward Multiplier is distributed based on the rank one holds at the end of an epoch.
The rank is based on your percentile ranking compared to other participants
Voltage Points are distributed on usage of the platform. The distribution is as follows
1 VP for every $10 of cumulative trading volume on the perps market.
50 VP for every $1 in fees earned as an LP.
250 VP for every $1 if rebates from users onboarded from your referral links.
The VP resets to 0 for all users after the end of each epoch and the competition begins again to secure the highest rank.
Voltage Points are non transferable and are fixed to the particular wallet.
Users don’t have to claim their VP as its earned passively based on their usage and is shown to them on their token page at the platform. The respective FAF Reward Multiplier is automatically applied at the end of the epoch calculation and added to the rewards distribution
The FAF Rewards Multiplier is distributed between the users based on their rank The ranks are derived from their percentile standing based on how much VP they have earned compared to others. You can find the Reward Multiplier that each Rank gets at the end of an epoch as shown below.
Very soon VP can also be earned on using FLP outside of the platform in other DeFi protocols. The supported DeFi protocols currently are as follows
Loopscale
