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  • Introduction
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    • Launching Loop
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      • Quaaloops Calculation Guide
    • Loop Olympics
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    • Earning (Passive Agressive)
      • Staking APR
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On this page
  • Quaaloops Calculation Guide
  • Core Principles
  • Standard Calculation
  • Action-Based Multipliers
  • Non-ETH Asset Calculation
  • Referral Program
  • Additional Bonuses
  • Important Notes
  1. The Launch
  2. The Points Program

Quaaloops Calculation Guide

Quaaloops Calculation Guide

Core Principles

Quaaloops are LoopFi's points system used during the Pool Points Party. The calculation follows these key principles:

  • Base Rate: 1 Quaaloop per hour per ETH

  • Asset-Specific Rates: Values for non-ETH assets are derived from their ETH-denominated price

  • Multipliers: Applied based on action type to incentivize desired protocol behaviors

Standard Calculation

Quaaloops = Amount × Base Rate × Time Period × Action Multiplier

Action-Based Multipliers

Action
Multiplier

Holding lpAsset

2x

Staking lpAsset

1x

Locking lpAsset

5x

LP-lpAsset

10x

Looping Collateral

1x x Loop Factor

Non-ETH Asset Calculation

For assets like BNB, weETH, or other collateral:

Rate = (Asset Price in ETH) × Base Rate

For example, if BNB is worth 0.15 ETH:

BNB Hourly Rate = 0.15 × 1 quaaloop = 0.15 quaaloops per hour

Referral Program

Referrers earn 20% of the Quaaloops generated by their referees.

Additional Bonuses

  • Turtle Club membership: +51% points on all actions

  • Lock dLP: 3x points (Post TGE)

Important Notes

  • Points conversion to $LOOP tokens occurs at TGE (7% of total LOOP supply allocated)

  • Points accumulation is calculated hourly and distributed in real-time

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Last updated 1 month ago