HeldTraded
Volume
Trading in and out adds nothing. Only balance held over time accrues.
On-chain participation
Participation, measured over time.
Points track how long capital stays in the vault. USDfr held, sUSDfr staked and curator first-loss capital accrue every block at their own multiple.
Read-only. Connecting never requests a transaction.
365-day maturity ramp day 1 · every block
1.00×sUSDfr1× → 2×
3.00×USDfr3× → 6×
5.01×Curator first-loss5× → 10×
Live wallet read
Connect to inspect your ledger.
The read is public and transaction-free. Connecting neither starts nor resets accrual.live on-chain ledger · refreshes every 30 seconds
Connect a wallet
Connect the wallet whose participation you want to inspect. The dashboard reads its existing on-chain history; connecting does not start, reset, or checkpoint accrual.
Accrual model
Forgone yield and first loss earn more.
Each position begins at its base multiple and climbs in a straight line for 365 days, ending at double. Move the timeline to inspect the exact relationship.
sUSDfr staked1× → 2×
Stakers already receive the vault’s variable income.USDfr held3× → 6×
Holders forgo staking income, so participation carries more weight.Curator first-loss5× → 10×
Capital absorbing the first realised loss receives the highest weight.Maturity multiplier
Day 142 of 365- sUSDfr
- 1.39×
- USDfr
- 4.17×
- Curator
- 6.95×
A separate participation record
Community points.
Sign in with X, complete verified campaign tasks, invite others and take part in the weekly race. Community points remain separate from the on-chain ledger above.
All-time tasksVerified
X actions, Discord membership and qualified referrals.
Weekly raceMonday—Monday
Verified activity and live standings use the points app’s production verification flows.Social and protocol scores, with a rank multiplier.
Reconciled protocol standings
Leaderboard.
Wallets ranked by PointsModule points plus enabled Forest Road Pendle and Morpho pass-through calculations. Protocol wallets and pooled venue contracts are shown separately.
Loading the leaderboard…
Simple by design
What doesn’t earn points.
The model rewards committed capital and time—not activity for activity’s sake.points=balance×time×multiple
One walletSplit in two
Wallet-splitting
Two wallets earn exactly what one wallet would; moving restarts the new wallet’s ramp.
SmallLarge
Size
Every unit earns the same per-unit rate. Position type and time—not size—set the rate.
Why USDfr earns more than sUSDfr.
sUSDfr stakers already receive the protocol’s variable yield, so their points start at the 1× base and mature to 2×. USDfr holders forgo that yield. They hold a plain, transferable dollar, so points compensate at a governance-set source multiple—3× to 6× today—in lieu of yield. Curator first-loss capital absorbs the first dollar of loss and earns the most.
Plain-language disclosure
What points are not.
Points are not a token, a security, a yield, or a claim on one. Nothing here promises conversion to any asset, and no conversion rate, date or allocation exists. Any future use would be discretionary and subject to securities-counsel review.
Anyone telling you otherwise is not speaking for the protocol.Community points
Participation beyond the on-chain ledger.
Verified X tasks, qualified referrals and the weekly race live in the points app.
Open the app →