zgPoints
Last updated
Last updated
Zero-G points are designed to acknowledge and reward the contributions of users towards the protocol's success. From the outset of the Zero-G Beta mainnet's introduction, every participant involved in the Zero-G ecosystem stands to gain points. The allocation of points will depend on both the duration of involvement and the specific nature of the user's contribution.
zgPoints are caluclated as follows:
N represents the number of hours since zgETH was minted, and the number of hours a user holds zgETH. For instance, a user minted 10 zgETH by depositing 10 ETH on January 1st, 2024 at 06:00:00 UTC. By January 1st, 2024, at 09:00:00 UTC, he will have accrued 400 zgPoints.
Users that are engaged in early participation will receive boosted point rewards for their contributions.
From May 31st, 2024 at 00:00:00 UTC to August 31st, 2024 at 00:00:00 UTC, users will receive an additional 5x zgPoints boost per 1 ETH deposited.
zgPoints automotically deposit to your zgETH balance and will be available in your UI immediately.
Zero-G offers a 10% commission on points earned per referee. That means that for every user that participates in Zero-G using your referral link, you will receive 10% of the points that they earn.
EG: If John joins Zero-G using Ethan's referral link and subsequently earns 1,000 zgPoints by depositing ETH, Ethan will receive 100 zgPoints.
The system is cumulative, meaning the more people you invite and who actively use, deposit ETH, on Zero-G, the greater the number of zgPoints you can earn.
Points and referrals are not capped at any rate, the more ETH that is deposited via your referral link, the more zgPoints you will earn.
Users who deposit zgETH into either Pendle or Zircuit platforms will be awarded a 3x boost of zgPoints. This boost effectively triples the zgPoints rewards for users, recognizing and incentivizing their engagement with these platforms. Similar to liquidity provision in pools, this approach aims to reward users more generously for their active participation and support of the ecosystem.
Users opting to contribute liquidity to either the zgETH/WETH Curve Pool or the zgETH/WETH Camelot Pool will be entitled to a 2x boost of zgPoints rewards. Within the context of EigenLayer Restaking incentives, a cap is set at one point per hour for each zgETH present within the pool, with these points being allocated to liquidity providers (LPs) on a proportional basis.
Regarding Zero-G zgPoints, liquidity providers are rewarded with twice the number of points accrued in the pool every hour. Specifically, the pool generates two points per hour for each unit of zgETH or WETH maintained. These accumulated points are then distributed among the LPs in proportion to their contribution to the pool.
zgPoints Boost | Protocol | Type |
---|---|---|
3x
Pendle
Staking
3x
Zircuit
Staking
2x
Curve
DEX
2x
Camelot
DEX