Bull Market Continues, Crypto Party Unleashes! Major Revelations on Q2 Cryptocurrency Market Predictions Revealed!

The points program, as a widely recognized strategy, has been implemented in multiple protocol projects for over a year, aiming to reward users for their active participation and contribution. In trading platforms like Whales Market and Aevo, users not only have the ability to accumulate points but also have the option to hedge or trade their points and pre-issued tokens. However, these transactions are not always smooth sailing. For instance, on the Whales platform, users are required to provide collateral, and there is often an asymmetry in the information regarding the total number of points and the precise conversion of certain protocols, which brings complexity and risks to the transactions. Meanwhile, another rewarding mechanism called farming points has also gained popularity on platforms such as Ethereum. It quantifies users’ participation and contribution into tradable assets, providing them with more flexibility and reward opportunities. Gearbox and Pendle are excellent protocols that have successfully implemented this mechanism on Ethereum, effectively incentivizing user participation and driving the development of the entire ecosystem. However, it is unfortunate that we have yet to discover protocols comparable to Gearbox and Pendle in the Solana ecosystem.