Announcing Phase 2 of the Fuel Points Program

We are excited to announce the final phase in the Fuel Points Program, now live with Fuel Ignition. With Phase 2, you can continue earning points while supporting the growth of the Fuel ecosystem.

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

With the launch of Fuel Ignition, 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 are able to actively engage with and support Fuel's growth from day one of mainnet launch.

How to Bridge Funds Upon Mainnet Launch

Pre-depositors can 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 is the best way to earn points in Phase 2. Activity Points earn a higher points multiplier than Passive and Gas Points.

You can check the full breakdown of the points multipliers on the Fuel Ecosystem Page.

Gas Points

Fuel Mainnet rewards active participation! For every $ value you spend on gas fees, you earn 5 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 receive a 1.25x Loyalty Multiplier on both Activity Points and Gas Points for the first 45 days after the mainnet launch. This means you rack up extra rewards for your early commitment to Fuel.

Be sure to act quickly now that Ignition is live to maximize your benefits: the 45-day multiplier window has started. 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.

Conclusion

We’re excited to kick off the next phase of the Fuel Points Program. There are 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 earned by completing on-chain actions that positively contribute to network growth. Holding Fuel Points can qualify you for future network rewards.

Fuel Points split into two distinct categories, that are completely separate from each other:

  • Pre-Deposit Program (Phase 1) - These points were earned by participants who deposited qualifying tokens into Fuel’s pre-deposit contract on Ethereum. This program is now closed.

  • Phase 2 Points - These points allow users of Fuel Ignition to earn points by interacting with applications running on Fuel Ignition in various ways.

How do I participate in Phase 2 of the program?

  1. Migrate pre-deposit funds into the Fuel L2 by visiting https://app.fuel.network/earn-points/deposit/ OR bridge funds into the Fuel L2 by visiting the fuel bridge: https://app.fuel.network/bridge

  2. Begin interacting with participating dApps that are available on Fuel Ignition: https://app.fuel.network/ecosystem

How do I earn Fuel Points in Phase 2?

There are three ways to earn points in Phase 2 of the Points Program:

Activity Points

This is the most effective way to earn Phase 2 points. You earn them by deploying your assets to qualifying apps on Fuel Mainnet. Examples include becoming a liquidity provider (LP) in an automated market maker platform or lending on a lending platform.

You will earn 2x baseline points for every dollar of assets deployed into each participating application. These multipliers are subject to change and you can stay up to date by visiting the Fuel Ecosystem Page.

Gas Points

Spending on gas transactions will earn 5 points for each dollar spent on gas.

Passive Points

While you decide where to actively deploy funds, you will earn Passive Points at the minimum rate of 1 point per day per dollar of assets held.

Which applications are eligible for the program?

Please visit the Fuel Ecosystem Page to see which applications are eligible for the Phase 2 Points Program, and which multipliers are applied to each application.

Will Activity points multipliers for applications change over time?

Yes, the multipliers for points earned may change over time. Any changes will be communicated via @fuel_network on X and will be updated on Fuel’s Ecosystem Page.

Which assets are eligible for the program?

We accept ETH, WETH, weETH, eETH, rsETH, rETH, wbETH, rstETH, amphrETH, Manta mBTC, Manta mETH, Manta mUSD, PumpBTC, FBTC, SolvBTC, SolvBTC.BBN Mantle mETH, sDAI, USDT, USDC, USDe, sUSDe, rsUSDe, wstETH, stETH, ezETH, pzETH, Re7LRT and steakLRT.

Are there any asset-specific multipliers?

All assets above earn a base rate of 1x points, with the exception of USDC, USDT, and ETH, which earn 2x points multipliers.

Will the multiplier value of listed assets change?

Yes, the multiplier value of the points you earn may fluctuate. Any changes will be communicated via @fuel_network on X.

How is the USD value of the deposited asset calculated?

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.

Can I withdraw my funds at any time?

You can withdraw your funds anytime or move between participating applications at any time. Your points will stop accruing if you withdraw your assets from the Fuel network, and your point accruals may change if you move funds between ecosystem applications.

Under what circumstances might I lose my points?

For Pre-Deposit Points, withdrawing any pre-deposited funds before the Fuel mainnet launch or failing to bridge pre-deposited funds into Fuel Ignition will result in the loss of associated Fuel Points.

For Phase 2 Points, there is no penalty for withdrawal of funds.

Pre-Deposit Points and Phase 2 Points may also be forfeited due to violations of the Terms of Service or failure to meet the stated eligibility criteria.

When will I see my earned Fuel Points?

We are actively tracking all points on Fuel Ignition and live dApps, though they won’t appear on the dashboard until after the first week of launch. The updated Phase 2 point totals will be visible on the Points Program portal by October 23rd.

What happens at Fuel mainnet launch?

At Fuel mainnet launch, you will be asked to bridge your deposited assets within 14 days after launch. Failure to do so may result in points accrued being forfeited.

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 are ineligible to participate in the Fuel Points Program.

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