Announcing Phase 2 of the Fuel Points Program

We are excited to announce the next phase in the Fuel Points Program, which will begin after the upcoming launch of the Fuel Mainnet. With Phase 2, you can continue earning points while supporting the growth of the Fuel ecosystem.

Note: This announcement prepares you for our upcoming launch. Points program participants need not take action yet.

With Phase 2 of Fuel Points, we’re ensuring that the network grows in a way that is positive sum for points program participants, the Fuel ecosystem projects and the broader Fuel community. Qualifying users can participate in the program, while earning rewards for meaningfully engaging with the ecosystem.

A special shoutout to those who participated in Phase 1—your early contributions helped secure the necessary liquidity for the mainnet launch, and we’re excited to bootstrap and continue growing the Fuel ecosystem with your help.

What to Expect

When Fuel Mainnet launches, Phase 1 participants can bridge their pre-deposited funds to Mainnet. This bridging unlocks two opportunities: you can interact with Fuel's expanding ecosystem of applications and continue accumulating points in multiple new ways. By taking these steps, you'll be able to actively engage with and support Fuel's growth from day one of mainnet launch.

How to Bridge Funds Upon Mainnet Launch

When mainnet launches, pre-depositors will migrate their pre-deposits to the Fuel network from the Points Program page. New users can simply use the canonical Fuel bridge to bridge their funds. Once your assets transfer from Ethereum to Fuel Mainnet, you can deploy them in the Fuel ecosystem and begin actively participating in Phase 2.

Earning Points in Phase 2

🏃 Activity Points

The most effective way to earn the most Fuel Points in Phase 2 is to earn Activity Points by deploying your assets to qualifying apps on Fuel Mainnet. For example, if you become a liquidity provider (LP) on Mira, you’ll start earning Activity Fuel points. The more you participate, the more you can earn!

Interacting with Fuel apps will be the best way to earn points in Phase 2. Activity Points will earn a higher points multiplier than Passive and Gas Points.

More details about Activity Points will be released around the mainnet launch. To learn which apps are currently qualified for the program, see “How to Earn Activity Points” below.

Gas Points

Fuel Mainnet rewards active participation! For every $ value you spend on gas fees, you’ll earn points. This encourages you to actively engage with the network and helps boost on-chain activity across various apps.

🌕 Passive Points

While you decide where to actively deploy your funds, you can still earn Passive Points at the minimum rate of 1 point per dollar of assets held. The exact points you earn will depend on the asset, with some offering higher multipliers. Qualified assets bridged to Fuel Mainnet automatically begin accumulating Passive Points.

The points multiplier for each asset will be communicated later.

🏆 Loyalty Multiplier

Participants of Phase 1 will enjoy a 1.25x Loyalty Multiplier on both Activity Points and Gas Points for the first 45 days after the mainnet launch. This means you’ll rack up extra rewards for your early commitment to Fuel.

There's still time to join Phase 1 and qualify for the 1.25X multiplier!

Be sure to act quickly when mainnet launches to maximize your benefits: the 45-day multiplier window starts as soon as mainnet launches. The earlier you bridge your funds, the more you'll benefit from the multiplier active.

How to Earn Activity Points

To start earning Activity Points, bridge your pre-deposited assets to Fuel Mainnet and interact with apps such as:

  • Mira DEX AMM: A decentralized exchange with stable and volatile pools with Fuel native assets.

    • Provide liquidity in LP pools to earn yield.

    • Follow Mira on X for the latest updates.

  • SwayLend Lending: An overcollateralized permissionless lending protocol on Fuel.

    • Borrow and lend assets.

    • Use looping strategies to maximize yield.

    • Follow SwayLend on X for the latest updates.

  • Griffy Prediction Market: The first truly decentralized prediction market.

    • Place bets with ‘Yes’ or ‘No’ tokens in your favorite markets.

    • Follow Griffy on X for the latest updates.

  • Spark Order Book Trading: Combines Order Book and AMM-style trading on Fuel.

    • Long/short pairs with leverage on spot and soon, perpetuals.

    • Follow Spark on X for the latest updates.

  • Fluid CDP Stablecoin: Offers USDF, an over-collateralized, native stablecoin built on the Fuel Network.

    • Borrowers can draw 0% interest-free loans by depositing their collateral, whereby receiving USDF.

    • Follow Fluid on X for the latest updates.

More dApps will be added to the program post launch. Different assets and apps yield different point rates. We may periodically adjust these multipliers, so keep an eye on Fuel’s official communication channels for updates.

Rules for Participation

To participate and earn points, make sure you comply with the Points Program terms of service. Participants must meet legal age requirements and reside outside restricted territories: Cuba, Crimea, Donetsk, and Luhansk regions of Ukraine, Iran, North Korea (DPRK), Syria, and the United States. View our complete Terms of Service.

Follow the rules and maximize your engagement to boost your current rewards and position yourself for greater rewards in potential future phases.

Conclusion

We’re excited to kick off the next phase of the Fuel Points Program. For those who haven’t had a chance to try the Fuel Sepolia Testnet, it’s not too late to deploy capital to the Points Program and earn rewards in preparation for the Fuel Mainnet. There will be plenty of ways to earn points in Phase 2, from providing liquidity to paying for gas fees, so every action helps build the future of Ethereum rollups.

Seize every opportunity to earn points and unlock future rewards! Keep an eye out for exciting updates as we unveil more ways to boost your participation.

FAQs

What are Fuel points?

Fuel Points are off-chain points you earn by completing on-chain actions that positively contribute to network growth. Holding Fuel Points can qualify you for future network rewards.

How do I earn Fuel Points in Phase 2?

Users earn Fuel points post-mainnet through three primary methods:

  1. Activity Points:

    Users can earn these points by actively deploying assets to decentralized applications (apps) on Fuel Mainnet. Examples include providing liquidity in pools or participating in lending and trading on platforms, such as: Mira and Griffy. Different apps and assets may offer varying point rates.

  2. Passive Points:

    Users who hold their assets in their wallets without deploying them to apps can still earn points. Passive Points accumulate daily, at a rate of 1 point per day per $1 of assets held. The number of points users earn depends on the asset, with some assets carrying higher multipliers based on ecosystem strategy.

  3. Gas Points:

    For every dollar spent on gas fees during transactions on Fuel Mainnet, users earn points. This rewards active participation in the network by encouraging users to interact with apps and boost on-chain activity.

Additionally, users who participated in the pre-deposit program during Phase 1 will receive a Loyalty Multiplier—a 1.25x boost on Activity Points and Gas Points for the first 45 days post-mainnet launch.

How is the USD value of deposited assets calculated in Phase 2?

The USD value is determined by the hourly price of that asset via a price oracle chosen at our sole discretion (e.g. the DeFiLlama API). Points are then calculated from the USD value of the deposited assets each hour.

Why might I be unable to access the Points Program?

If you are a resident or citizen of certain regions of Ukraine, Cuba, Iran, North Korea, Syria, and the United States, you cannot participate in the Fuel Points Program. Please refer to the Terms of Service.

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