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Rumpel LabsRumpel Labs Launches on HyperEVM: Redefining DeFi Rewards with Instant Liquidity
Rumpel Labs is thrilled to announce our launch on HyperEVM, a pivotal moment for both, our protocol and the broader DeFi ecosystem. As the first point tokenization protocol on HyperEVM, Rumpel is set to transform how users interact with DeFi reward points, unlocking unprecedented liquidity and flexibility. By launching on HyperEVM, we’re joining a high-performance, rapidly growing ecosystem that’s redefining decentralized finance. In addition to our HyperEVM debut, we are excited to announce ...
Rumpel LabsIntroducing Rumpel: Turning Points into Profit
We are thrilled to introduce Rumpel, the premier point tokenization protocol. Launching in mid-Sept, we’re backed by industry leaders such as Dragonfly and Variant, and have extensive experience building & launching DeFi protocols, such as Sense Protocol, MakerDAO and Aave. Rumpel aims to improve liquidity and price discovery for offchain loyalty points, unlocking new opportunities for point holders, traders, airdrop hunters, and point issuers. Points play a central role in crypto incentives,...
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Rumpel LabsRumpel Labs Wind Down
Rumpel LabsRumpel Labs Launches on HyperEVM: Redefining DeFi Rewards with Instant Liquidity
Rumpel Labs is thrilled to announce our launch on HyperEVM, a pivotal moment for both, our protocol and the broader DeFi ecosystem. As the first point tokenization protocol on HyperEVM, Rumpel is set to transform how users interact with DeFi reward points, unlocking unprecedented liquidity and flexibility. By launching on HyperEVM, we’re joining a high-performance, rapidly growing ecosystem that’s redefining decentralized finance. In addition to our HyperEVM debut, we are excited to announce ...
Rumpel LabsIntroducing Rumpel: Turning Points into Profit
We are thrilled to introduce Rumpel, the premier point tokenization protocol. Launching in mid-Sept, we’re backed by industry leaders such as Dragonfly and Variant, and have extensive experience building & launching DeFi protocols, such as Sense Protocol, MakerDAO and Aave. Rumpel aims to improve liquidity and price discovery for offchain loyalty points, unlocking new opportunities for point holders, traders, airdrop hunters, and point issuers. Points play a central role in crypto incentives,...
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Since the start of Chapter 4, Rumpel has:
Hit new ATHs across TVL ($175m), pToken Market Cap ($8.4m), Total pToken Transaction Volume ($2.8m), Weekly Auto-Seller Volume ($35.4k), and Rumpel Wallets (1.8k)
Launched several product / UI updates including: Supported TVL Display, Rumpel Tracker Updates, Referral Program Improvements, and more…
Added 36 new strategies from 7 ecosystems including Hyperbeat, Sentiment, Kinetiq, Felix, Fluid, and Pendle
Launched our native analytics dashboard
Rumpel continues to see budding interest for Straw, our native point, which is continuing to incentivize the growth of Rumpel’s TVL, and Rumpel’s Point Markets. With Chapter 4 concluded, we’re excited to announce Chapter 5 of Rumpel’s Straw Program to reward and encourage protocol usage and ecosystem growth.
Similar to Chapter 4, Chapter 5 is designed to be transparent, drive growth, and reward adoption. It inherits the same mechanisms and is not fungible with Chapter 5 points.
Chapter 5 points began accruing on October 1st and will end on Jan 31st.
The majority of Chapter 5 straw will be distributed through Continuous Emissions, rewarding users a certain amount of straw per $, per day, and per strategy. Distributions occur once a day.
Earning Points through Rumpel - Earn external points and be awarded straw per $ of principal deployed through Rumpel. Point earners can tokenize and sell external points without losing access to earning daily straw.
Provide liquidity on Uniswap v3 & Hyperswap - Provide single-sided or dual asset liquidity to the designated 1% fee Point Token market on Uniswap v3. Entire range orders are eligible for daily straw, so long as their edges are within +- 10% of the 24-hour point token price range.
Buying pTokens - Users who purchase pTokens will be awarded X straw per $ of pTokens they’ve previously purchased.
Chapter 5’s reward schedule prioritizes LPs in the early months to encourage liquidity catchup to Rumpel’s existing deposit TVL. The straw daily accrual rate will decay over time until Jan 31st, rewarding users more for participating earlier. Point buying and liquidity provision outside of Rumpel’s designated Point Token markets will be rewarded at Rumpel Lab’s discretion.
In Chapter 5, up to 5% of Straw will be allocated and rewarded to users participating in Rumpel’s ambassador program. More Details (Link)
Users can earn boosts on continuous rewards for various behaviors across Chapter 5.
There are four public boosts in Chapter 5: New Market boost, Referral Boost, Community Boost, and Loyalty Boost.
To invite liquidity during the early stages of market development, eligible LPs will earn a 2x boost on continuous rewards for two weeks after new point token markets are deployed.
Users can accumulate Straw through referrals. Any user who refers a friend will receive 10% of Straw their referral accrues through the duration of Chapter 5.
Specified addresses from publicly announced Partner communities will receive a 1-2x reward boost on all actions (for a maximum of 4 weeks). Partner communities will be added at Rumpel’s discretion throughout Chapter 5.
Addresses that participated in previous Straw seasons will be rewarded with a 1.1x Loyalty boost (equivalent to 10% boost) in Chapter 5.
Eager to join the Rumpel Story? Join our community and learn more about Rumpel to contribute to its storyline. We’re in the early Chapters.
Do I need to stake my UniV3 LP NFT with Rumpel?
No, you do not need to stake your UniV3 LP NFT. Our Straw accrual system automatically picks up range orders whose edges are within +-10% of the pToken’s 24-hour price range.
Will my Straw holding be rewarded?
We anticipate rewarding point holders of all seasons in the future, so stay tuned!
Where can I see my Rumpel Straw balance?
What jurisdictions are restricted from participating in the Straw program?
United States, or any restricted jurisdiction or country subject to any sanctions or restrictions pursuant to any applicable law, including the Crimea region, Cuba, Iran, North Korea, Syria, Russia, or any other country to which the United States, the United Kingdom, the European Union or any other jurisdiction embargoes goods or imposes similar sanctions, or any jurisdictions in which the transacting cryptocurrencies is prohibited or restricted in any form or manner.
When can I begin seeing my straw?
Oftentimes, it takes over 24 hours to see your Straw on the Rumpel UI, but for some strategies, such as Fluid Looping, it can take up to 48 hours.
How does Straw accrual technically work? How often and on what values does Straw accrue?
Straw accrues once a day. The Straw calculations take into account your lowest balance over the last 24 hours, so once a position is deposited, it can take up to 24 hours before it starts accruing straw. This also goes for when a position is adjusted (increased/decreased).
When a user enters a position, the entry Protocol Size is set. If a user updates a position, a weighted entry Protocol Size is created, based on the original entry Protocol Size * original principal, and the new entry Protocol Size * new principal.
This document is intended solely for informational purposes regarding Rumpel's straw program. It does not constitute investment advice, nor does it serve as a recommendation or solicitation to engage in any investment activities. Participants should not rely on this document for accounting, legal, tax advice, or investment recommendations. The assumptions and figures presented are illustrative and intended to help participants understand Rumpel’s Reward program; they do not represent any commitments by Rumpel or its affiliates. These views are subject to change without notice.
Since the start of Chapter 4, Rumpel has:
Hit new ATHs across TVL ($175m), pToken Market Cap ($8.4m), Total pToken Transaction Volume ($2.8m), Weekly Auto-Seller Volume ($35.4k), and Rumpel Wallets (1.8k)
Launched several product / UI updates including: Supported TVL Display, Rumpel Tracker Updates, Referral Program Improvements, and more…
Added 36 new strategies from 7 ecosystems including Hyperbeat, Sentiment, Kinetiq, Felix, Fluid, and Pendle
Launched our native analytics dashboard
Rumpel continues to see budding interest for Straw, our native point, which is continuing to incentivize the growth of Rumpel’s TVL, and Rumpel’s Point Markets. With Chapter 4 concluded, we’re excited to announce Chapter 5 of Rumpel’s Straw Program to reward and encourage protocol usage and ecosystem growth.
Similar to Chapter 4, Chapter 5 is designed to be transparent, drive growth, and reward adoption. It inherits the same mechanisms and is not fungible with Chapter 5 points.
Chapter 5 points began accruing on October 1st and will end on Jan 31st.
The majority of Chapter 5 straw will be distributed through Continuous Emissions, rewarding users a certain amount of straw per $, per day, and per strategy. Distributions occur once a day.
Earning Points through Rumpel - Earn external points and be awarded straw per $ of principal deployed through Rumpel. Point earners can tokenize and sell external points without losing access to earning daily straw.
Provide liquidity on Uniswap v3 & Hyperswap - Provide single-sided or dual asset liquidity to the designated 1% fee Point Token market on Uniswap v3. Entire range orders are eligible for daily straw, so long as their edges are within +- 10% of the 24-hour point token price range.
Buying pTokens - Users who purchase pTokens will be awarded X straw per $ of pTokens they’ve previously purchased.
Chapter 5’s reward schedule prioritizes LPs in the early months to encourage liquidity catchup to Rumpel’s existing deposit TVL. The straw daily accrual rate will decay over time until Jan 31st, rewarding users more for participating earlier. Point buying and liquidity provision outside of Rumpel’s designated Point Token markets will be rewarded at Rumpel Lab’s discretion.
In Chapter 5, up to 5% of Straw will be allocated and rewarded to users participating in Rumpel’s ambassador program. More Details (Link)
Users can earn boosts on continuous rewards for various behaviors across Chapter 5.
There are four public boosts in Chapter 5: New Market boost, Referral Boost, Community Boost, and Loyalty Boost.
To invite liquidity during the early stages of market development, eligible LPs will earn a 2x boost on continuous rewards for two weeks after new point token markets are deployed.
Users can accumulate Straw through referrals. Any user who refers a friend will receive 10% of Straw their referral accrues through the duration of Chapter 5.
Specified addresses from publicly announced Partner communities will receive a 1-2x reward boost on all actions (for a maximum of 4 weeks). Partner communities will be added at Rumpel’s discretion throughout Chapter 5.
Addresses that participated in previous Straw seasons will be rewarded with a 1.1x Loyalty boost (equivalent to 10% boost) in Chapter 5.
Eager to join the Rumpel Story? Join our community and learn more about Rumpel to contribute to its storyline. We’re in the early Chapters.
Do I need to stake my UniV3 LP NFT with Rumpel?
No, you do not need to stake your UniV3 LP NFT. Our Straw accrual system automatically picks up range orders whose edges are within +-10% of the pToken’s 24-hour price range.
Will my Straw holding be rewarded?
We anticipate rewarding point holders of all seasons in the future, so stay tuned!
Where can I see my Rumpel Straw balance?
What jurisdictions are restricted from participating in the Straw program?
United States, or any restricted jurisdiction or country subject to any sanctions or restrictions pursuant to any applicable law, including the Crimea region, Cuba, Iran, North Korea, Syria, Russia, or any other country to which the United States, the United Kingdom, the European Union or any other jurisdiction embargoes goods or imposes similar sanctions, or any jurisdictions in which the transacting cryptocurrencies is prohibited or restricted in any form or manner.
When can I begin seeing my straw?
Oftentimes, it takes over 24 hours to see your Straw on the Rumpel UI, but for some strategies, such as Fluid Looping, it can take up to 48 hours.
How does Straw accrual technically work? How often and on what values does Straw accrue?
Straw accrues once a day. The Straw calculations take into account your lowest balance over the last 24 hours, so once a position is deposited, it can take up to 24 hours before it starts accruing straw. This also goes for when a position is adjusted (increased/decreased).
When a user enters a position, the entry Protocol Size is set. If a user updates a position, a weighted entry Protocol Size is created, based on the original entry Protocol Size * original principal, and the new entry Protocol Size * new principal.
This document is intended solely for informational purposes regarding Rumpel's straw program. It does not constitute investment advice, nor does it serve as a recommendation or solicitation to engage in any investment activities. Participants should not rely on this document for accounting, legal, tax advice, or investment recommendations. The assumptions and figures presented are illustrative and intended to help participants understand Rumpel’s Reward program; they do not represent any commitments by Rumpel or its affiliates. These views are subject to change without notice.
What happens to my Entry Protocol Size if I withdraw temporarily?
If you need to withdraw, you won’t lose any straw you’ve earned. However, it will reset your entry Protocol Size for the Protocol Size Boost multiplier. You earn straw based on your lowest balance of the day. So the day you withdraw fully, you’ll not earn points. And then you’ll earn straw again when your position has been in the protocol for a full ~24-48 hours.
Can I sell my Point Tokens and still earn straw?
Yes. For the Depositor Farm, straw accrues to one’s principal that’s earning external points.
Will there be a point token market for Rumpel Straw?
No, there’s too much legal/regulatory uncertainty for Rumpel Labs to launch its point token market.
What happens if my Straw stops accruing?
Open up a ticket on our discord, and we’ll give it a look!
What happens to my Entry Protocol Size if I withdraw temporarily?
If you need to withdraw, you won’t lose any straw you’ve earned. However, it will reset your entry Protocol Size for the Protocol Size Boost multiplier. You earn straw based on your lowest balance of the day. So the day you withdraw fully, you’ll not earn points. And then you’ll earn straw again when your position has been in the protocol for a full ~24-48 hours.
Can I sell my Point Tokens and still earn straw?
Yes. For the Depositor Farm, straw accrues to one’s principal that’s earning external points.
Will there be a point token market for Rumpel Straw?
No, there’s too much legal/regulatory uncertainty for Rumpel Labs to launch its point token market.
What happens if my Straw stops accruing?
Open up a ticket on our discord, and we’ll give it a look!
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