ReactorFusion Loyalty Program (RLP)
Loyalty Program Introduction
ReactorFusion is proud to announce the launch of our Loyalty Program. This program establishes a transparent accounting system for distributing potential future airdrops earned by ReactorFusion's participation within the zkSyncEra ecosystem.
Recently, many foundations and projects have been actively promising future rewards and using them as promotions to acquire users, and this is driving the market with a strong narrative. ReactorFusion has also served as a native money market in the zkSyncEra ecosystem since our April 2023 launch, and we're seeing tangible airdrops based on that contribution.
ReactorFusion Loyalty Program (RLP) is designed to fairly distribute these tokens among our dedicated users and $RF stakers.
ReactorFusion Points (RFP)
To incentivize early participation and ensure fairness, ReactorFusion is introducing RFP. These will be distributed proportionally to users actively engaging with the lending and staking actions within ReactorFusion protocol. Earning RFP is possible through staking $RF tokens or borrowing assets from ReactorFusion's lending pools. RFP distribution occurs upon reaching predefined period.
Leveraging on-chain data, we calculate a time-weighted pro-rata share of rewards based on individual user activities between milestones.
RFP is not provided in the form of a separate token but functions as a unique score linked to your EVM address. It cannot be transferred or passed on to others. Once a milestone is concluded and the RFP is finalized, it is permanently attributed to that account.
RFP Distribution Structure
Proportional allocation to $RF token stakers (70%)
Proportional allocation to borrowers (30%)
Until the end of a milestone, borrowing and RF staking activities during that milestone are calculated based on a time-based score included in the milestone.
$ZK Airdrop: A Strong Incentive Program for Users
We have always committed to using 50% of the airdrop we receive for the benefit of our community. The time has come to honor this promise!
After discussions with the Foundation, the direction we want to take with the ecosystem is to use as much of the airdrop as possible to support the future growth of the protocol, so that we can return larger airdrops to users as we grow, so we allocated them as follows:
Total Community Allocation: 1,226,064 $ZK
50% Distributed immediately to RLP Season 0 participants based on RFP. - Claim Deadline: 19 July 2024 (Unclaimed amounts will be redistributed for project development and community support)
50% Used over the next three months (expected to be until the $ZK ecosystem airdrop of Wave 2), this will be used to incentivize suppliers and borrowers instead of $RF emissions, promoting rapid and immediate incentivization.
Revamping the RLP: Faster and More Immediate
The ReactorFusion team has continuously strived for fairness and transparency, as demonstrated by our ReactorFusion Loyalty Program (RLP). Since its launch, we have completed RLP Milestone 0 and are currently progressing through Milestone 1.
Given the rapidly changing market conditions and various internal and external issues, we recognize the need to provide faster and more immediate incentives to our users. Therefore, we plan to revamp the RLP with the following key changes:
The criteria for milestone completion will shift from the borrow volume to the commencement of the next zkSync ecosystem incentive program Wave 2. Essentially, Milestone 1 will continue until this point.
Future Wave 2 zkSync ecosystem airdrops will be allocated based on RFP earned in Milestone 1, similar to the current airdrop based on Milestone 0 RFP.
The $PYTH airdrop allocation will be removed. Instead, the previously allocated $PYTH for future milestones will be transparently reallocated to support the protocol recovery program.
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