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  1. Yei Protocol
  2. Overview

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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Last updated 9 months ago