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
Sonic Points
62.50%
To users directly
Sonic Gems
37.50%
To users via protocols
Maximizing Rewards on Silo
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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:
Leverage looping (e.g., stS/S silo, wstkscUSD/USDC silo)
Yield arbitrage (e.g., borrowing tokens from one silo and depositing in Silo or another protocol)
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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