Surf Points

What are Surf Points?

Surf Points (SP) act as the vouchers for the upcoming Surf reward airdrop. These SP can be converted into specific rewards based on the criteria set during the reward distribution period.

Composition of Surf Points System

Surf Points are composed of 5 elements:

• Airdrop Points

• Trader Points

• LP Points

• Referral Points

• Daily Points

Users can earn Surf Points through the above 5 avenues.

Airdrop Points

1. Lucky Cards

Surf Lucky Cards offers an exciting opportunity for participants to win Airdrop Points through a simple card-flipping mechanism. Each flip of a lucky card can randomly yield Airdrop Points. These Airdrop Points can be redeemed for Surf tokens upon the Token Generation Event (TGE).

2. The Distribution of Airdrop Points Is Governed by The Following Probabilities

Airdrop Points	Probability
20	40%
40	40%
100	15%
200	5%

This structured probability system ensures a balanced and fair chance for all participants to win varying amounts of Airdrop Points, enhancing the overall user experience and engagement within the Surf ecosystem. Surf may adjust the base airdriop points and probability of lucky cards based on the situation. Surf may adjust the base airdriop points and probability of lucky cards based on the situation.

3. Unlocking Lucky Cards

Users must complete specified tasks before they can unlock lucky cards for the chance to flip the lucky cards. These specified tasks are:

• Complete a perp trade.

• Follow @surf_protocol on twitter.

Trader Points

1. Surf Points for Trader

$$Trader\ Points=X\times Amount\ Of\ Trading\ Volume\ (USD)$$

• Where "X" = 2, as of the mainnet launch and will be changed dynamically based on total trading volume.

2. Points Distribution Time

$$Daily\ At\ 00:00\ (UTC)$$

LP Points

1. Surf Points for LP Provider

$$LP\ Points=Y\times \frac{Amount\ Of\ Staking\ Per\ Day\ (USD)}{100}$$

• Where "Y" = 50, as of the mainnet launch and will be changed dynamically based on total amount staked.

2. Points Distribution Time

$$Daily\ At\ 00:00\ (UTC)$$

If your LP TVL is 0 at the time of distribution, you will not receive LP Points.

Referral Points

1. Surf Points for Referrer

$$Referral\ Points = 0.1\times Total\ Traders\ Points\ Of\ All\ Invited\ Users$$

2. Points Distribution Time

$$Daily\ At\ 00:00\ (UTC)$$

Daily Points

1. Introduction to Daily Points

Users can earn fixed daily points by completing the daily trading task every day.

Additionally, surf provides extra daily point rewards for users who complete tasks consecutively for 3 days, 7 days, and 15 days. For Surf Protocol OG Pass holders who bind their EVM address on the NFT staking page, completing daily task or continuous tasks will earn them (N+1) times the points (where "N" is the number of passes held). For example: Alice is a non-OG Pass holder, completing the daily trading task earns her 200 daily points; Bob holds 2 OG Passes, completing the trading task earns him 600 daily points.

2. Daily Trading Task

Daily Points for Completing Daily Trading Task:

Users	Daily Points
Non-OG Pass Holders	500
OG Pass Holders	(N+1) x 500

Extra Daily Points Reward for Completing Consecutive Task:

Consecutive Days	Points for Non-OG Pass Holders	Points for OG Pass Holders
3 Days	1500	(N+1) x 1500
7 Days	3500	(N+1) x 3500
15 Days	7500	(N+1) x 7500

Where "N" is the number of passes held.

3. Points Distribution Time

$$Daily\ At\ 00:00\ (UTC)$$

When distributing points, the consecutive days of completed tasks and OG Pass holding status will be checked.

The effective number of OG Passes for the extra daily points reward period is the minimum number of OG Passes held during the reward period.

For example, when distributing the 3-day consecutive trading reward, Alice held 1 OG Pass for 2 days and another for 10 days. In this case, the effective number of OG Passes for this points reward is 1, so the reward points = (1+1) x 1500.