Closing Season 1: HypurrFi Points

HypurrFi Points Season 1 ended Thursday, September 4th, with the second season immediately actively tracking points. This transition marks a change in the HypurrFi points distribution system based on insights gathered throughout Season 1. The HypurrFi front-end app will display the next season in an update coming soon.

100x Scaling Boost

All Season 1 point holders have received a 100X on existing points to align with the new weekly cap of 100M points. This adjustment increases the denominator, enabling more nuanced distribution to smaller depositors while preserving the relative value of Season 1 activity. This adjustment maintains proportional relationships between participants while creating room for broader participation moving forward.

Season 1 points can be viewed on the HypurrFi Points page under a dedicated Season 1 tab. These points will carry over into the next season and will be reflected in your rank and total points. HypurrFi is coordinating with vault partners including HyperBeat, LoopedHype, Valantis, and others to ensure accurate wallet-level distribution using the next season’s provider.

Founder Airdrop

HypurrFi Co-Founder @androolloyd has allocated his Season 1 points for redistribution to qualified users. 75,000,000 points (post-100X multiplier) have been distributed among qualifying wallets. This can be seen on the HypurrFi points page as its own epoch for Season 1.

The breakdown for the founder distribution was 20% to wallets with value over $5 deposited for at least 1 week since launch (29,604 wallets), 50% to any wallet that had more than $100 deposited at the end of Season 1 (10,186 wallets), and 30% to any wallet that swapped any amount using the pawSwap Swap tool on HypurrFi (9,329 wallets). This distribution represents approximately 2.5% of the Season 1 points. If a wallet had performed all three actions, they receive 6600 points.

Card Points

Points earned through HypurrFi Card usage will be integrated into regular weekly point distribution during sMEW, streamlining the rewards process for card holders. This consolidation simplifies tracking and ensures consistent reward distribution across all platform activities.

The Next Season

Details for the next updates to HypurrFi points will be published soon. The new season introduces several enhancements including boosts that recognize consistent Season 1 activity, a partnership with a new service provider for improved distribution management, and a rank & badge system for participant recognition. These updates reflect operational improvements identified during Season 1.

We appreciate the community's patience and understanding as we implement lessons learned from Season 1 into a more consistent and accessible structure.

Key Takeaways:

• Season 1 ended Sept 4ᵗʰ with the new season tracking positions immediately

• All Season 1 points receive 100X multiplier to match new 100M weekly points distribution

• Co-founder airdrop of ~75M points to qualifying Season 1 participants

• Card points integrated into next season weekly points distributions

• New season details including boosts and badges coming soon

mew.

Visit hypurr.fi to start earning or borrowing (or spending)

Follow @HypurrFi for real-time updates

Join our community to share feedback and shape our roadmap

Let's make the catflow purrrr!