OnRe Points Program

Overview

The OnRe Points Program rewards users for contributing real value to the ONyc ecosystem. Unlike traditional liquidity mining, OnRe Points reward genuine capital efficiency by tracking how ONyc is actively deployed across DeFi protocols, strengthening its utility as Solana’s premier collateral asset.

How it Works

Points are earned by holding or deploying ONyc across supported DeFi partners. Each integration reports ONyc balances and activity for your positions, and OnRe applies a shared base formula with OnRe-defined multipliers by venue, product, and strategy.

This results in your total points, which determine your final leaderboard score. You can track your ranking at https://app.onre.finance/earn/leaderboard, where your position may influence future benefits, incentives, and program rewards.

Single Position Points Formula

Formula

# Points for a single position (wallet, LP, lending, YT, etc.)

position_points =
(
  onyc_equivalent_balance            # ONyc exposure in this position
* duration_seconds                   # How long this balance was held
* base_points_per_onyc_day           # 1 point per ONyc per day
* tier_multiplier                    # 1x HODL, 2x LP, 3x Lend, 4x Yield
* leverage_multiplier                # Extra boost for loops / leverage
* campaign_multiplier                # Extra boost for special campaigns
) / 86400                            # Seconds in a day

Total Points Formula

Formula

# Total points for a wallet

total_points =
  wallet_points                      # ONyc held in wallet (1x)
+ exponent_yt_points                 # YT-ONyc holdings (4x tier)
+ exponent_lp_points                 # YT-ONyc LP (YT side only)
+ permissionless_boost_points        # Extra boost campaigns on-chain

+ kamino_points                      # Kamino V2: ONyc collateral / markets
+ kamino_usdg_points                 # Kamino V2: USDG leg
+ kamino_usdc_points                 # Kamino V2: USDC leg
+ kamino_usds_points                 # Kamino V2: USDS leg

+ kamino_onyc_jitosol_points         # Kamino strategy: ONyc–JitoSOL
+ kamino_usdg_onyc_points            # Kamino strategy: USDG–ONyc

+ orca_onyc_usdc_points              # Orca ONyc–USDC LP
+ orca_onyc_jitosol_points           # Orca ONyc–JitoSOL LP

+ loopscale_points                   # Loopscale ONyc side
+ loopscale_usdc_points              # Loopscale USDC side

+ ratex_points                       # RateX points
+ referral_bonus_points              # Referral program bonuses

user_points = floor(total_points)    # Final leaderboard score

Frequently Asked Questions

By rewarding ONyc’s deployment across DeFi protocols, the program creates a direct link between user activity and ecosystem growth.

What are OnRe Points?

OnRe Points track your participation across the OnRe ecosystem. They reward holding ONyc and using supported products over time. Points are used for leaderboard rankings and future incentives tied to platform usage.

When do points update?

Points update every day at 00:00 UTC. Any activity or balance changes before that cutoff are reflected in the next daily update.

Do I earn points just for holding ONyc?

Yes. Holding ONyc in your wallet earns 1x point per ONyc per day, based on your balance at the daily snapshot.

What determines how many points I earn?

Points are based on:

• The amount of ONyc you hold or deploy

• How long you hold it

• The product or strategy you’re using

• Any active campaign multipliers or boosts

Which actions earn the most points?

Generally, actions that commit ONyc for longer periods or put it to work in supported products earn more points than idle balances. Active participation beats passive holding.

Do campaign boosts stack with base multipliers?

Yes. Campaign boosts apply on top of the base point rate unless stated otherwise in the campaign terms.

Do leveraged strategies earn more?

Yes. Leveraged strategies can earn more points because they increase effective ONyc exposure. This also comes with higher risk.

Do I earn points on both sides of an LP?

Points are earned only on the ONyc side of a liquidity position. Non-ONyc assets in the pair do not earn points.

Are points time-based?

Yes. Points accrue daily based on how much ONyc you hold or deploy at each daily snapshot.

If I move or withdraw ONyc, do I lose points?

You keep all points already earned. Moving or withdrawing ONyc only affects future point accrual.

Can I lose points if the value of the position changes?

No. Price fluctuations do not reduce points already earned. Only changes in ONyc balance affect future points.

Are points capped?

There is no fixed global cap, but certain campaigns or strategies may have limits. Any caps are disclosed in advance.

Why does someone else earn more points with similar capital?

Common reasons include:

• Higher multipliers from specific DeFi strategies

• Participation in boosted campaigns

• Longer holding periods

• Leveraged strategies

• Earlier entry

Do referral bonuses count?

Yes, referral bonuses count toward your total points. When your referral builds ONyc exposure, you earn 10% of their points and they earn a 5% boost on their own points.

Can multiple wallets owned by the same user participate?

Yes, leaderboard rankings are based on wallet addresses.

How can I check my current points?

You can query your points programmatically: https://onre-rewards-api-prod.ew.r.appspot.com/api/v1/points/wallet

Where can I see my leaderboard position?

The leaderboard is available at: https://app.onre.finance/earn/leaderboard