Program Overview

Sonic Labs' reward program has allocated 190,500,000 $S to Sonic users and applications, including Silo Sonic.

The program runs over multiple seasons, with S1 scheduled to conclude in June 2025.

Reward Streams

Stream
Allocation
Distribution

Sonic Points

62.50%

To users directly

Sonic Gems

37.50%

To users via protocols

Maximizing Rewards on Silo

Join Silo Intern Telegram or copy his Spreadsheet to keep up with the latest strategies.

Silo users immediately benefit from a 2x Activity Multiplier on their Sonic Points. For example, if you deposit or borrow scUSD, you earn 6x * 2x = 12x.

By using leverage, Silo users can further amplify their points by using borrowed tokens on Silo or other Sonic applications.

Common strategies include:

Recursive vs. Non-Recursive Looping

Recursive Looping is where users deposit, borrow, and redeposit the same token into the same silo. These users will only receive Sonic Points for their initial deposit balance.

For example, a user that deposits stS in the stS/S silo, borrows stS, and then redeposits stS in the stS/S silo will only receive points on their original S deposit.

Any other form of looping is non-recursive looping. These users will receive Sonic Points on their total deposit balance.

For example, a user that deposits stS in the stS/S silo, borrows S, swaps S for stS, and then deposits S in the stS/S silo will receive points on their total stS deposit.

This mitigates point dilution from non-value adding actions.

Protocols have their own point scores based on the amount of Sonic Points generated by their users. A protocol's points dictate their share of total Sonic Gems which represent 37.5% of the total $S airdrop.

Silo will be distributing 100% of its Sonic Gems back to users via the Silo Point program.

The Silo Point system assigns base points to users based on depositing and borrowing activity. Strategic markets may be assigned a multiplier that boosts the rate at which points are accrued for those specific actions.

Base points will remain constant for the entire program while multipliers may be adjusted to target optimal liquidity and utilization.

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