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A total of 900k ALPACA (~$240k) will be distributed to lenders and borrowers over a 12-week period.
- Rewards Start Date: 27 April 2023 11.00 AM UTC
Week#1 - Week#2: 20,000 ALPACA / week
Week#3 - Week#12: 86,000 ALPACA / week
We will use a point allocation system to distribute ALPACA rewards, similar to how ALPACA incentives were distributed to lenders and leveraged yield farmers in AF1.0.
For example, during week#1, if allocation points for BNB lenders = 125 and the total points in the system = 1,075. BNB lenders would then get 11.6% of the total ALPACA allocated for that week = 20k * 11.6% = 2.32k ALPACA.
For specific point allocation details, please refer to the table below:
Allocation points for other assets will be shared at a later date as they are listed.