Revert Lend will be out very soon!
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So, just before it comes out, we think it's best to keep you informed on how points will be distributed for the lending product.
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Whether you're an LP looking to borrow or someone simply looking to lend your USDC, there are plenty of points for everyone 💸
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The basic parameters:
- 10 Million points will be distributed every month for season 1
- 50% to lenders & 50% to borrowers
- Points will be distributed pro-rata
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Whether you're a lender or borrower, your total capital will linearly correlate to the points you receive. So Sybils are pointless.
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In this same light, it means the earlier you are, the better. In the early phases, liquidity might be lower, allowing you to make up a larger chunk of the TVL, which in turn will get you a larger share of the distributed points.
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So stay alert, and turn on notifications 🔔
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Revert Lend is coming soon.