Introducing the Neon EVM Points Program

Gm all,

We are excited to roll out the Neon EVM Points Program, bringing you an exciting opportunity to qualify for Neon Points as you make your journey through the Neon EVM ecosystem. Whether you are a seasoned DeFi enthusiast or just starting your blockchain adventure, this program offers you exciting opportunities to accumulate Points, climb the leaderboard.

At Neon EVM, our mission is to empower developers to create innovative decentralized applications (dApps) that push the boundaries of blockchain technology. A variety of dApps across DeFi, gaming, and NFTs are building and deploying on Neon EVM, leveraging Solana's high throughput and cost-efficiency benefits to provide users with a seamless experience.

Today, Neon EVM is the only mainnet infra company on Solana that has gone beyond the initial EVM product offering allowing solidity-based dApps to access the benefits to settle on Solana. We are also adding massive execution and state growth products, such as tech stacks (connecting either EVM or SVM environments to access the power of Solana), enabling SVM rollups by creating an environment where customized Rollups (Rollapps) look realistic. All these make Neon EVM one of the most forward-thinking projects in the blockchain market.

As we capitalize on these new capabilities that we are bringing to the blockchain environment, we invite you to join the Neon EVM Points Program. Come shape the future of what is possible, and have fun along the way!

How the Neon EVM Points Program Works?

Before we jump in, here are some important details:

Release Date: August 14, 2024, 16:00 (UTC)

note that high user activity at launch time may impact connecting.

Link here 👉: https://points.neonevm.org/

*Neon EVM Points program is powered by Absinthe.

If you haven’t already joined our Discord and Twitter, click here to join the conversation!

Participants earn Neon Points by engaging in various activities within the Neon EVM ecosystem. These points are accumulated and displayed on the Neon Leaderboard, where you can compete with others to rank higher. Here’s a breakdown of how you can earn Neon Points and boost your standing.

Key Actions to Earn Neon Points

1. Interacting with dApps in the Neon EVM Ecosystem

Neon EVM ecosystem has a host of dApps across DeFi, gaming, NFTs, and more (find them here on our Ecosystem page and Discord). Engage with Neon protocols identified as part of our ecosystem. Daily on-chain activities are tracked and rewarded in Neon Points as follows:

- Number of transactions per day:

- The total value of transactions:

As an example: Alice actively interacted with DeFi protocols on Neon EVM:

Day 1: 12 swaps totaling $500, earning 30 + 10 = 40 points

Day 2: Provided liquidity with 22 transactions totaling $50,001, earning 40 + 40 = 80 points

Day 3: Borrowed 41 times totaling $25,000, earning 50 + 20 = 70 points

2. Bonus Neon Points for Interacting with Different Protocols

Each new dApp interaction earns additional Neon Points.

Example: Alice also interacted with various dApps on the Neon EVM:

Day 1: Interacted with 2 dApps, earning 2 * 2 = 4 points

Day 2: Interacted with 1 dApp, earning 1 * 2 = 2 points

Day 3: Interacted with 4 dApps, earning 4 * 2 = 8 points

Combining all actions from the examples above, Alice now is acing the leaderboard:

Day 1: 40 (transactions) + 4 (dApps) = 44 points

Day 2: 80 (transactions) + 2 (dApps) = 82 points

Day 3: 70 (transactions) + 8 (dApps) = 78 points

Fun Fact: Anon, there are awesome multipliers and bonuses for them degens who are capable of slaying the leaderboard. Make sure to utilize them. And plenty more will be added as the program grows over the upcoming months. And a little birdie told us how much you all love referrals and invites… read on to find more 👀

Referral Points

Invite friends to join the Neon EVM Points Program and earn a 10% bonus on the points they earn. Invited friends will also receive a 10% boost on their points for the duration of the program.

The awesome news is that it is truly a multiplier since there is no cap on how many people you can invite. Yeah, you heard that right. Get your clan together, share your referrals on X and social media, and jump in.

Simply put, More invites = higher boost.

NFT Multiplier

At the time of launch, multipliers are the NFTs minted from our off-chain points program. Eligible participants who haven’t yet, can claim the Neon EVM Points NFT here. Holders of this NFT earn an additional 10% in points for every eligible task performed using the wallet that holds the NFT.

The program will last at least three months, and we will add more multipliers along the way!

Some Other Rules

• To access the Neon ecosystem, users will have to use NeonPass and deBridge to bring funds to the Neon EVM network and interact with the dApps in the Neon ecosystem. However, bear in mind that simply adding funds will not generate Neon Points; interacting with smart contracts will.

• Only on-chain activities on Neon ecosystem dApps created before August 14, 2024, are eligible for Points generation at the time of launch. To get your dApps added, reach out to our BD team.

• While participants can create new liquidity pools on DeFi dApps within the ecosystem, currently, Neon Points are only awarded for ERC-20 tokens already created on Neon EVM at the time of the launch of the Neon EVM Points Program

• Wrapping of native protocol token will not generate points because it only involves a simple transfer and not a requisite smart contract interaction. However, any DeFi use case that utilizes wrapped native asset, such as liquidity provisioning or swapping with another asset, will be counted and will generate points.

• Transaction volumes are calculated based on CoinGecko prices at the time of transaction. Transactions which are not priced on CoinGecko will not be counted.

• Users can connect up to 10 wallets to one account and interact with dApps on Neon EVM from any of them. All points are collected in their account.

• Neon Points are rewarded for daily activity, i.e., the number and volume of transactions within each date. The start and end of the day are calculated by the UTC timezone. Additionally, within each day, Neon Points for users are updated on an hourly basis. That means users will see the results of their actions in an hour.

That said, get ready for the craziest fight to climb the Neon Points Leaderboard. MAKE EVERY MOVE MATTER.

About Neon EVM:

Neon EVM is an Ethereum Virtual Machine (EVM) that empowers developers to build and deploy dApps seamlessly from EVM chains to Solana, all from their existing codebase. It operates as a program on Solana that accepts transaction requests via public PRC endpoints. It gives developers the power to directly deploy Ethereum dApps with minimal reconfiguration to the code while benefiting from Solana's technical advantages, such as parallel processing. For more information about Neon EVM and future updates, visit NeonEVM.org and connect with the community on Twitter or Discord.

*Disclaimer: The information contained on this webpage shall not be considered as being of a promotional nature or aiming at commercial use and is not intended as and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained in this constitutes a solicitation, recommendation, endorsement, or offer by Neon EVM or any third-party service provider to buy or sell any crypto-assets or other financial instruments. We recommend users do their own research, fully understand the nature of their purchase/actions and the risks involved and always seek independent financial advice if in doubt.