CrossCurve MetaPoints Program

As part of Sonic’s Airdrop Season 2, CrossCurve has launched the CrossCurve MetaPoints program to reward active users of CrossCurve.

Rules

Participants:

  • Users who provide liquidity to participating pools* in the Farms tab by staking LP tokens in the CrossCurve app

  • Users swapping cross-chain via the Trade interface (as long the the swap’s route passes through the Hubchain)

Rewards:

Participants receive MetaPoints. Also, their activity helps CrossCurve receive more Sonic Gems, which will be swapped to $S tokens at the end of Sonic’s airdrop season 2. All of the received $S tokens will be distributed among all the participants who got enough MetaPoints to receive at least one $S

Rule subject to change on Sonic’s end as they publish the final algorithm of point accrual

Pool marking:

Pools participating* in the MetaPoints program will be marked with a special symbol .

Point accrual mechanics for liquidity providers

  • Only the specially marked pools in Farms are included

  • Points accrue only for the volume of s-tokens in the LP:

○ E.g., if the LP token only has 40% of its TVL is in s-tokens, then only this 40% counts towards accrual, not the other 60%.

  • Accrual formula:

1 point = 1$ s-token left in the pool for 1 day

  • Accrual frequency:

○ daily at 00:00 UTC

  • Each pool could have an individual multiplier that increases or decreases the total amount of accrued points.

Accrual mechanics for users moving liquidity

  • Only cross-chain swaps receive points (as long as the route passes through the Hubchain).

  • Swaps below $10 do not count.

  • Users get 100 MetaPoints for every $10 swapped

Integration

  • Users can find MetaPoint accrual information on the Leaderboard page in each relevant tab:

- My MetaPoints — total MetaPoints earned by the connected wallet

- In Farms — total MetaPoints earned by staking in Farms

- In Swaps — total MetaPoints earned for cross-chain swaps in Trade

- Total MetaPoints — total amount of MetaPoints earned by all the participants of the CrossCurve MetaPoints program

  • In the “Frams” LP staking interface, participating pools will have the icon next to them, alongside the point multiplier.


FAQ

1. How do I earn $S tokens Swap on CrossCurve or provide liquidity to CrossCurve pools

2. Which pools are participating in this program? Only the selected pools marked by the program’s icon in the interface

3. Does my entire staking position accrue points? No, only the part reflecting the % of s-tokens in the pool

4. How is the value of the LP token determined? In USD based on the average daily value

5. How frequently do the LP points accrue? Daily

6. What can I do with MetaPoints? At the end of the Sonic’s Airdrop Season 2, they will be converted into $S tokens

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