Affine ultraPoints

The protocol is commencing a new points reward system for the ultraETH holders. Based on the ETH value of the ultraETH held, the users can earn ultraPoints.

ultraPoints Calculation (Season 1: Limited Time)

Type	Description
ultraPoints	1 point per ETH per hour
Eigenlayer Points	1 point per ETH per hour (but will start receiving it after 24h of deposit)
Symbiotic Points	0.00025 points/hour per USD worth of Assets
NFT Multiplier	1 + log10000(1 + n) [max 1.2x]. here, n = number of NFTs the user holds
Migration Multiplier	2x ultraPoints for the first week
Layer 2 Multiplier (holding ultraETHs on Blast)	1.2x ultraPoints
Referral Bonus	both referrer and user will get 10% extra points
Symbiotic Multiplier	1.5x ultraPoints till the asset is in the queue 1x ultraPoints when the asset is in the queue
DeFi Boosts	Points, Rewards, and Incentives

Stage Boost

Season 1 is divided into 4 stages to reward early users with extra ultraPoints boost. The stage boost is divided into 4 periods/TVL limit! All the users within this time period/TVL limit will earn the Stage Boost.

Stage	ultraPoint Boost
Stage 1: Till 1,000ETH TVL or Till September 15	2x
Stage 2: Till 5,000ETH TVL or Till October 15	1.5x
Stage 3: Till 10,000 ETH TVL or Till December 1	1.2x
Stage 4: Till End of Season 1	1x

Example 1: If someone deposits 1 ETH on ETH Mainnet August 25, 2024, and has 1 Affine Pass NFT. They will earn = 2 (Stage Boost) * 1.075 (NFT Boost) * 1 (Base ultraPoint amount) = 2.15 ultraPoints every hour.

Example 2: If someone deposits 1 ETH on ETH Mainnet September 25, 2024, and has 0 Affine Pass NFT. They will earn = 1.5 (Stage Boost) * 1 (NFT Boost) * 1 (Base ultraPoint amount) = 1.5 ultraPoints every hour.

Example 3: If someone deposits 1.5 ETH on ETH Mainnet October 25, 2024, and has 2 Affine Pass NFT. They will earn = 1.2 (Stage Boost) * 1.12 (NFT Boost) * 1.5 (Base ultraPoint amount) = 2.016 ultraPoints every hour.