Overview

There are 1,000,000 HP distributed linearly per week among all active HP earners. Each wallet is given a score based on relevant activity X multipliers for each pool, and the 1M HP are divided pro rata each week. There is no information about HP season length or total points distribution.

Buddy Codes Referral System

In addition to linear points distribution, users can also use the HypurrFi referral system called “Buddy Codes”. Earn 5% of another user’s score for each week when they enter your code. Add someone else’s code for a 5% bump to your weekly points. You can add only one user code yourself, but as many Buddies as you like can add yours.

Points Distribution

Because of the 1M total weekly cap, Points totals are compressed, and cannot be estimated on a pure $1 to 1 points basis. Again, $1 deposited does not equal 1 HP. Instead, linear value via multipliers divided by the weekly cap weights desired protocol outcomes. HypurrFi has conducted thorough review of HP distribution across multiple wallet sizes, Buddy Code referral bonuses, and other metrics. This point allocation represents desired protocol outcomes. Additionally, several large HP earners (shown in the Leaderboard) are not individual users, but are partner protocol wallets that redistribute HP to their depositors. Please inquire with those protocols about HP points distributions, which will likely come at a later date.

HypurrFi Points Philosophy

As a HypurrFi user, you will have seen references to points on the dashboard since launch, including multipliers on particular assets and pools, and a directory of points incentives. That includes pools for HypurrFi-related assets on other protocols. We will not release the complete scoring and calculation system for HP, however, we wanted to give you a quick overview of how we approach these incentives to give color on what’s important to HypurrFi if you’re excited about points.

HypurrFi’s Incentive Philosophy

HypurrFi only allocates points to encourage specific activities that are productive for the protocol. Specifically, the aim is to incentivize active capital – that is, assets that are actually in demand, and which will lead to better liquidity, better borrowing availability, sustainable rates for lenders and borrowers, as well as swap efficiency. At this early stage of HypurrFi’s development, points provide an extra lever to help match demand as we discover and respond to market dynamics. HypurrFi does not incentivize activity for its own sake. For instance, LP incentives for liquidity within narrow price/rate ranges where it’s likely to actually be used, and not any liquidity in a passive range. HypurrFi points reflect an emphasis on sustainable, directional growth into protocol needs for lasting value.