Tournaments
Earn E-Points by depositing LSTs and native ETH into Euclid Finance and receive elETH in return. elETH represents your restaked position on Euclid, and holding 1 elETH per day will grant you 1 E-Point.
Your daily E-Point earnings are determined by your E-Point Base multiplied by your Boost.
E-Point Base is calculated based on your elETH holdings and the elETH holdings of your referrals.
Boost is acquired through participating in Euclid LRT Tournaments. You can increase your boost by meeting specific criteria in each tournament and earn more rewards.
Tournament 1. Referral Wheel
Accumulate E-Point Base by referring members who join the tournaments and hold elETH.
Through the referral scheme, you can:
Add 20% of your referrals’ elETH holdings to your E-Point Base
Add an additional 10% for the referrals of your referrals
Example:
User | elETH Amount/Day | Invited By | E-Point Base | Addition from Referral | Addition from Referral’s Referral |
A | 100 | - | 100.e | 16.e (B,C) | 50.e (D,E) |
B | 50 | A | 50.e | 60.e (D) | 0 |
C | 30 | A | 30.e | 40.e (E) | 20.e (E) |
D | 300 | B | 300.e | 0 | 0 |
E | 200 | C | 200.e | 20.e (F) | 0 |
F | 100 | E | 100.e | 0 | 0 |
Tournament 2. vlEQB and ePENDLE Run
vlEQB is the vote-locked version of Equilibria Finance’s governance token EQB and can be used for gauge voting on Equilibria. Holding vlEQB will give you a maximum boost of 1x.
Boost_vlEQB = min{[Your vlEQB/Total vlEQB(vlEQB paired with elETH)] / [Your elETH/Total elETH] * 1, 1}
ePENDLE is the liquid version of vePENDLE tokens and can be obtained through PENDLE conversion or swapping via DEXes. Holding ePENDLE will provide a maximum boost of 0.5x.
Boost_ePENDLE = min{[Your ePENDLE/Total ePENDLE(ePENDLE paired with elETH)] / [Your elETH/Total elETH] * 0.5, 0.5}
Example:
Total vlEQB paired with elETH: 100,000
Total ePENDLE paired with elETH: 10,000
User | vlEQB | ePENDLE | Boost_ vlEQB | Boost_ ePENDLE | Total E-Point Base | Daily E-Point Earnings |
A | 100 | 100 | 0.1 | 0.5 | 166.e | 166*1.6= 265.6.e |
B | 1000 | 0 | 1 | o | 110.e | 110*2= 220.e |
C | 50 | 200 | 0.167 | 0.5 | 90.e | 90*1.667= 150.03.e |
D | 0 | 100 | 0 | 0.33 | 300.e | 300*1.33= 399.e |
E | 100 | 0 | 0.05 | 0 | 220.e | 220*1.05= 231.e |
F | 10 | 50 | 0.01 | 0.5 | 100.e | 100*1.51= 151.e |
Tournament 3. Guild War
Create a guild by generating a referral code and inviting members to join. Each guild will be ranked based on the total sum of the guild members' E-Point earnings every week. Only two tiers of referrals will be considered. Every week, the top 6 guilds will receive additional Boost. Please note that Boost_guild will be reset every week.
Place | Boost_guild |
1st | 0.5x |
2nd | 0.2x |
3rd | 0.1x |
4th-6th | 0.05x |
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