The Laser Points System is now live. The Laser Points program allows users to see their on-chain contribution to Laser.
Users can easily earn Laser points and try to get to the top by doing any of the following things:
Lend
Borrow
Refer
Points can be earned daily from either of these actions; however, some will earn more than others.
$1 lend will earn 1 point per day
Laser allows users to lend either stablecoins or volatile assets.1 lending point = 1 borrowing point but 1 borrowing point can be earned with less capital.
Note: If users withdraw during the day, the points will be calculated based on the lowest balance of that day.
$1 borrowed will earn 4 points per day
The collateral lent to open a borrowing will also count for lending points, meaning borrowers earn not only the boosted points from borrowing but also points from lending.
Referring users will earn 10% of the 10% any user they refer earns from referring other users. This continues down the tree as more users refer others.
Log in today and get your referral code https://app.0xlaser.xyz/points
If you were an early user of Laser - all your points are now migrated after connecting same wallet address. Also, those who received “OG” or “Early member” Discord roles will have additional points (+500 and + 100 respectively)
Daily points will be calculated daily around 00:00 UTC
Points are awarded for balances that the user had at the beginning and the end of the snapshot of the previous day. For example, points awarded on Monday will be for Sunday balances
New users will have to wait until the following day to see their first points
Example:
