Lavarage and Fire analyze Tephras points system and hint at token launch

2024/08/08 18:00

Odaily News Lavarage, a leveraged platform on Solana, co-founded by Fire, introduced the operating mechanism of its points system Tephra in a tweet: The Tephra points system aims to reflect the contribution of users to the platform by rewarding their economic activities (such as paying transaction fees and increasing the total locked value TVL), thereby promoting the consistency and common growth of the interests of the platform and users. Unlike other airdrops, Lavarages points system creates long-term substantive value for the platform. Fire said that the platform will gradually launch 8 to 10 two-week tasks for users to obtain Tephra points (so we can infer that the token may be launched in the fourth quarter). The task balances the distribution of points for traders, liquidity providers and partners through interesting interactions, aiming to establish the fairest and most optimal reciprocal structure before the launch of the token and maximize its long-term value. The platform will recently clarify doubts with users through AMA, aiming to strengthen the agreement and trust between the platform and users.

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