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  • PWN Explained
  • FAQ
  • πŸ’Guides
    • Strategies
    • Pool Hooks
    • Borrowing on PWN
      • Creating a borrowing offer
      • Borrowing from a specific asset/collection
      • Repaying loans
    • Lending on PWN
      • Funding loans
      • Creating a lending offer
      • Advanced Lending Features
      • Claiming defaulted collateral
    • Tools
      • PWN Bundler
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      • Notifications on PWN
      • PWN's strategy vault
      • Verification Guide
      • Token verification lists 101
  • πŸ“PWN DAO
    • PWN DAO
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    • Forum
    • Snapshot
  • ❀️Community
    • Community Program and Incentives
      • Protocol Incentives
        • Reputation Points
      • Referral System
      • Social incentives
        • Social Rewards
        • Content types
      • Achievements Dashboard
      • Levels System
    • PWN App
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  • πŸ§‘β€πŸ’»DEVELOPER DOCUMENTATION
  • 🎨BRAND KIT
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On this page
  • Borrow and Lend
  • Example scenario
  • Claimable Reputation
  • Protocol
  • Ecosystem
  • PWN Bundler
  • Invite Referrals
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  1. Community
  2. Community Program and Incentives
  3. Protocol Incentives

Reputation Points

Learn how much rep you can earn by doing different actions on PWN.

Borrow and Lend

The most straightforward way to earn reps is by borrowing from or lending on PWN. In essence, lenders earn 1 rep for every $100 lent and borrowers earn 1 rep for every $100 borrowed for 30 days. The longer the loan duration, the more rep you get.

Action
Rewards

Lend on PWN (awarded on loan repayment or default)

1 rep per $100 of credit

Borrow on PWN (awarded on loan repayment)

1 rep per $100 of credit and interest

Have a running loan

+10% Boost

However, to account for the actual duration of the loan before it ends (including early repayment), the final reward is calculated using the following formula:

REP=V100βˆ—12365βˆ—DREP = \frac{V}{100}*\frac{12}{365}*DREP=100Vβ€‹βˆ—36512β€‹βˆ—D
  • REP – Calculated as 1 rep for every $100 lent or borrowed for 30 days

  • D – The final loan duration in days

  • V – The cumulative loan volume in $

The dollar value of the credit is determined at the moment of loan creation, and reps are calculated based on this value.

Scenario
Result

Repayment

Both the lender and borrower earn rep points based on the loan principal, interest, and duration.

Default

Here’s a refined version for clarity and consistency:

  • The lender earns rep points based only on the principal and loan duration.

  • The borrower does not receive any rep points for a defaulted loan.

Example scenario

Mark wants to use $100,000 worth of $ABC as collateral to borrow 5,000 USDC for 30 days with a fixed 10% interest. James agrees to lend 5,000 USDC to Mark and accepts his proposal.

Reward Accrual:

  • Mark earns rep points based on the 5,000 USDC loan amount and 500 USDC interest. He will receive 55 reps upon full repayment.

  • James earns rep points based on the 5,000 USDC he lent and will receive 50 reps when funding the loan.

Possible Outcomes:

  1. Default: If Mark fails to repay, James keeps his earned rewards and can claim the $ABC collateral.

  2. Early Repayment (14 Days): If Mark repays the loan early after 14 days, final reps are calculated using the extended formula.

    • Mark earns 25.32 reps

    • James earns 23.01 reps

  3. Full-Term Repayment (30 Days):

    • Mark earns 55 reps

    • James earns 50 reps


Claimable Reputation

Action
Rewards

Have a Basename

15 rep

Setup PUSH notifications

10 rep

Have a deposit in Aave

1 rep per $1,000 of deposit


Protocol

Action
Rewards

Make an Offer

15 rep

Have your Lending Offer accepted

20 rep

Have your Borrowing Offer accepted

20 rep

Accept a Lending Offer

20 rep

Accept a Borrowing Offer

20 rep

Repay your loan

10 rep

Claim loan repayment or collateral

10 rep

Revoke your Offer

10 rep


Ecosystem

Action
Rewards

Follow PWN on Farcaster

10 rep

Setup PUSH notifications

15 rep

Setup Discord notifications

15 rep

Setup Email notifications

15 rep

Have an ENS

+2.5% Boost


PWN Bundler

Action
Rewards

Create a PWN Bundle

15 rep

Unwrap a PWN Bundle

10 rep

Use PWN Bundle as a collateral

10 rep


Invite Referrals

Last updated 2 months ago

See the section.

❀️
Referral System