Earn Liquidium.WTF points by borrowing BTC against eligible Ordinals or Runes, lending BTC, and referring new users. This guide explains how to earn points and track your activity.
Earn points through borrowing and lending activity. Referral points depend on your invitee’s first five loans, rather than the wallet connection alone.
We’ll take you through the ins and outs of this simple process in this guide.
Loyalty Pays: What Are Liquidium.WTF Points?
Liquidium.WTF Points are Liquidium.WTF’s loyalty system that we’ve created to incentivize user engagement and reward our most active users.
To earn Liquidium.WTF Points, you can refer friends to the platform or actively borrow and lend on the Liqudium app. The more you borrow and/or lend, the more points you earn.
Liquidium.WTF points record your participation in the platform. They are loyalty points, not tradable tokens.
What’s the Difference Between Liquidium.WTF Points And the LIQUIDIUM•TOKEN?
Liquidium.WTF Points are loyalty points earned for participating in the platform and referring new users. The LIQUIDIUM•TOKEN, on the other hand, is the Liquidium.WTF platform’s native Runes token used for utility and governance within the protocol.
LIQUIDIUM•TOKEN is acutally the first utility and governance token built on the Runes Protocol. Its specific utility and governance will be decided based on protocol direction, but its primary purpose is to help decentralize the platform so that all participants who hold the token become part of the platform’s decision-making process.
The initial distribution of the LIQUIDIUM•TOKEN was through the genesis airdrop, initiated in July 2024. At that moment, 10% of its total supply was given to users who held Liquidium.WTF Points (at least 400 LIQUIDIUM•TOKENs for those with more than 1,000 LP and 200 for those with less than 1,000 LP). Additionally, some Ordinals holders (such as OMBs, Quantum Cats, and Pizza Ninjas) also received tokens.
Points track platform activity; they are not LIQ tokens and have no fixed points-to-token conversion rate. Any token distribution has separate eligibility and claim terms.
How Can You Earn Liquidium.WTF Points?
There are two main ways you can earn Liquidium.WTF Points: by referring friends to Liquidium.WTF and by borrowing and lending on the platform.
Earn points through referrals
Both you and your invitee receive a 30% points bonus based on the invitee’s first five loans. Your invitee must use your link before their first connection.
Read the referral guide and LIQ benefits
How Are Liquidium.WTF Points Calculated?
The maths is pretty simple: one borrowed or lent BTC gives a user 100,000 Liquidium.WTF Points. The rest is scaled accordingly, so 0.1 BTC will net you 10,000 points, 0.01 means 1,000 points, etc.
While the total amount gained from your activity is the same regardless of whether you’re a lender or a borrower, the time when it’s paid out differs. For lenders, 100% of the points are paid out when the loan is initiated and broadcast to the network. This means you’re rewarded instantly.
Borrowers, however, have to wait. They will get 10% of the prize at the start of the loan and the remaining 90% once they pay it back. At the same time, this means that defaulting on the loan will leave you with only the initial 10%.
Borrowers earn the repayment portion of their points by repaying the loan. On default, the lender can claim the collateral.
Keep in mind that Liquidium.WTF retains the right to change the way points are calculated. Any changes will be published on the website and effective immediately upon publication.
Where to track your points
Open the leaderboard to view points and point events. Use the Invite friends page to track referral activity.
Start Collecting Liquidium.WTF Points Today!
Interested in getting rewarded for your activities on Liquidium.WTF? You don’t need to do anything out of the ordinary: just refer friends to the platform or start lending and borrowing BTC to earn Liquidium.WTF Points.
To get started, choose Liquidium.WTF’s Bitcoin Borrow or Lend market and select eligible Ordinals or Runes.
Disclaimer: This article does not constitute financial advice, and we strongly recommend conducting your own research and consulting with a professional financial advisor before making any investment decisions. We are not liable for any potential losses incurred from applying the strategies discussed. Proceed with caution and at your own risk.
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