Yei Points

How do Yei points work on Yei Finance?

Why Join Yei’s Points Program?

Earn points for your lending and borrowing activities in addition to Yei’s $SEI incentives. Go to your dashboard to keep track of your points and progress.

How to Earn Points?

  1. Lending:

    • Add $SEI, $WSEI, $USDT, or $USDC on Yei. More asset types will be supported in the future.

    • Earn 1 point per dollar worth of assets lent per day.

  2. Borrowing:

    • Borrow $SEI, $WSEI, $USDT, or $USDC on Yei. More asset types will be supported in the future.

    • Earn 4 points per dollar worth of assets borrowed per day.

  3. Referrals:

    • Share your referral link with friends.

    • Earn extra points by referring users:

      • Direct Referral (A): Earn 10% of the points earned by user A.

      • Second-Level Referral (B): Earn 5% of the points earned by user B, who is referred by user A.

      • Third-Level Referral (C): Earn 2.5% of the points earned by user C, who is referred by user B.

      • Fourth-Level Referral (D): Earn 1.25% of the points earned by user D, who is referred by user C.

Example Scenarios

  • Lending: If Yeida deposits 100 $SEI on Yei for a day, with $SEI priced at $0.80, he earns 80 points (100 * 0.8 * 1 = 80). If Yeida deposits and holds 50 $SEI for 2 days, he also earns 80 points (50 * 0.8 * 2 = 80). Points accumulate based on the amount and duration of deposits.

  • Borrowing: If Yeida borrows $100 worth of assets from Yei, such as 100 $USDC for one day, he earns 400 points (100 * 4 = 400). If Yeida borrows and holds $50 $USDC for two days, he earns 400 points (50 * 4 * 2 = 400). Points accumulate based on the amount and duration of borrowed assets.

  • Referrals: If Yeida refers a friend (A) who earns 1000 points, Yeida will earn 100 points (10% of 1000 points). If A refers another user (B) who earns 500 points, Yeida will earn an additional 25 points (5% of 500 points). If B refers two users (C1 and C2), and C1 earns 400 points while C2 earns 300 points, Yeida will earn 10 points (2.5% of 400 points) from C1 and 7.5 points (2.5% of 300 points) from C2. Points can be earned from referrals down to four levels deep!

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