Harmonix Point Season 2
Last updated
Last updated
Base Rate: Adjusts based on the rate of change (ROC) of Total Value Locked (TVL).
Weighted TVL (WTVL): Sum of individual vault TVLs multiplied by their respective point multipliers.
Deposit: Your deposit amount
Vault multiplier: The x-value of Harmonix Points displayed on Vault’s UX/UI.
Loyalty Bonus: Rewards for our early supporters.
Loyalty Bonus Snapshot Period: From February 19, 2025, until 23:59 PM UTC on March 2, 2025.
How to Qualify? To earn Loyalty Bonus, you must meet both of the following conditions: + Have more than 0 points + Maintain an active deposit (either an existing one or a new deposit during LB Snapshot Period) and hold your deposit position until the snapshot period ends
Time Factor: Incentivizes long-term deposits via a logarithmic formula. Time factor will be reset to 1 if user withdrawal all.
Delta t: 90 days
Inspired by Hyperliquid Points, users will be categorized into Bronze, Silver, Gold, and Diamond tiers based on their accumulated points, unlocking progressively greater benefits.
Median Point: Acts as a midpoint metric that minimizes the effects of outliers, keeping the ranking process equitable.
Ranking Updates: Your rank is refreshed every 7 days, allowing you to track your progress and remain engaged.
Users who had enough points in Season 1 to qualify for Gold or Diamond must continue farming in Season 2 to unlock a new tier or maintain that same tier. If they do not farm in Season 2, then at the end-of-season snapshot, they automatically default to Silver.
Rewards are determined by the final ranking at the last snapshot of Season 2.
To better understand how the formula works in practice, consider the following scenario:
User A:
Deposits $50,000 into KelpDao Vault (4x multiplier) for 90 days.
Loyalty Bonus: 0.14 points/hour (earned from 10,000 Season 1 points).
Time Factor: 1+0.1×ln(91)≈1.551+0.1×ln(91)≈1.55
Points Calculation:(0.03×50,000×4+0.14)×1.55×2,160=20,142 points(0.03×50,000×4+0.14)×1.55×2,160=20,142 points
Tier Placement: Gold (200,000 required → needs additional deposits).
This example illustrates how deposits, vault selection, loyalty bonuses, and long-term engagement contribute to point accumulation and tier progression.
Below are the key ways to accumulate points under the updated system. Each method is designed to reward consistent engagement and support for the Harmonix platform:
Deposit in Vaults
Join Staking Pools
Join HyperEVM Vaults with HyperBeat
Other on-chain and off-chain activities to be announced