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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