CyberSwap is excited to announce the launch of the CyberSwap Airdrop Point system, now available on Cyber (https://cyberswap.cc/Points)! CyberSwap users can now accumulate airdrop points to unlock a variety of exclusive future rewards, enhancing their experience within the Cyber ecosystem and unleashing the unlimited potential of the community.
When the CyberSwap Airdrop Points program concludes, the points will be converted into potential future tokens for point holders. The more points you have, the larger your airdrop will be. Interact and earn juicy rewards!
What are the SP & TP?
The CyberSwap Airdrop Point system is designed to measure users’ weight in receiving potential future airdrops. We have prepared future tokens for our loyal and active supporters based on the CyberSwap Airdrop Points. Due to the complexity of our model, it is challenging to establish precise alignment for liquidity and trading activities within a single-point system. Implementing a two-point system allows us to assess the alignment retrospectively and make necessary adjustments to maintain fairness between users who contribute to liquidity and those who contribute to trading volume.
CyberSwap Airdrop Points are divided into two parts: SP and TP.
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SP (Swap Points): Users can collect SP by swapping on CyberSwap, essential for the project's long-term growth.
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TP (TVL Points): Users can accumulate TP by adding liquidity on CyberSwap, tracking contributions to liquidity.
In summary, we have allocated a percentage of future tokens for our community. CyberSwap Airdrop Points is the sole method to determine the number of tokens you will receive. Half of the tokens will be distributed to SP holders, while the other half will go to TP holders. The more SP and TP you have, the more tokens you will get.
How to collect SP & TP:
SP: By completing the tasks, users will receive Swap Points according to the relevant task level. The completion statuses will be snapshotted every Monday 00:00 UTC+8.
TP: We calculate your position’s value when you provide liquidity, and this value only changes when you interact with our contract (such as removing liquidity or re-adding liquidity). We allocate TVL Point(s) based on the LP position’s value and the time it was provided.
Swap tasks:
Swap value over 100 USD within current week — 20 Swap Points Swap value over 1000 USD within current week — 100 Swap Points
Above 2 tasks DO NOT require specific trading pairs. The tasks will be reset every week.
Liquidity tasks:
Provide liquidity to the following selected pools to earn TVL Point(s).
Pools:
The specific pools are subject to the official page.
Distribute rules:
For every $1000 of liquidity provided, we assign a coefficient of 1. Each hour of liquidity provision is also assigned a coefficient of 1. Coefficients are rounded to one decimal place.
TVL Points = Position coefficient * Duration coefficient
*For example, if a user provided a total position of $1500 and kept it for 10 hours, the user would receive 1.5 * 10 = 15 iPoints_LP.
TVL Point(s) will be updated every hour.
Join us now and start earning your CyberSwap Airdrop Points!
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