⭐Incentive Rewards
As per AIP-15, ALPACA incentive rewards have now concluded. Thus, the below rewards distribution is only a referenced distribution before it is ended.
Reward Details
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:
Token | Alloc points for Lending | Alloc points for Borrowing |
---|---|---|
BNB | 75 | 100 |
BTCB | 100 | 125 |
USDT | 100 | 175 |
ETH | 75 | 100 |
USDC | 50 | 75 |
BUSD | 50 | 75 |
CAKE | 20 | 25 |
XRP | 10 | 15 |
LTC | 10 | 15 |
DOGE | 10 | 15 |
ADA | 10 | 15 |
Allocation points for other assets will be shared at a later date as they are listed.
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