King Points Program Overview

Welcome to the King Protocol Points Program — a reward system designed to incentivize meaningful participation across the KING ecosystem.

In short: hold KING, use KING, contribute to DeFi — earn points. These points accumulate over time and may unlock future perks, rewards, or governance privileges.

This doc covers how the program works, how points are earned, how Boosters affect your rate, and what actions may reduce or slash your points.

1. Earning Rate & Boosters

Your base Earning Rate determines how many points you receive per KING per day. Boosters increase that rate based on your activity.

• Earning Rate: Holding 1 KING for 24 hours earns 1,000 points (base rate: 1.0x).
• Boosters: Apply on top of the base rate. They stack multiplicatively.

Booster Type	Example Rate Increase
Network Booster	Swell = +100% (1x → 2x)
Extended Holding Booster	3 months = +50% (1x → 1.5x)
DeFi Participation Booster	LPing = +200% (1x → 3x)

Example:
Base rate: 1.0x → Holding for 3 months (1.5x) → LPing (3x) =
Total Rate: 4.5x → 4,500 pts/day per KING

2. Holding KING in Wallet

The most straightforward way to earn points:

• Holding: 1 KING held = 1,000 points/day.
• Fractional holdings: Scales linearly (e.g., 0.5 KING = 500 points/day).

Claiming LRT Rewards as KING (Minting)

When you choose to claim rewards in KING:

• Earn 10,000 points per 1 KING minted.
• Boosters also apply.

Example:
Minting 1 KING with a 2x Booster = 20,000 points.

3. Extended Holding Boosters

Holding KING continuously increases your Booster over time:

Holding Duration	Booster
1 week	+10%
1 month	+25%
3 months	+50%
6 months	+75%
1 year or more	+100%

Note: Transferring or withdrawing KING resets the holding duration to 0.

4. DeFi Participation

Adding liquidity to supported DeFi pools gives a 3x Booster on contributed KING.

• Boosters Stack: Combine with Holding + Network Boosters.
• No Reset on Deposit: Moving KING into a pool in the same transaction preserves holding time.
• Split Points: Holding in wallet and pool both earn points independently.

Example:
1 KING held 3 months (1.5x) → added to LP (3x)
→ Total Rate = 4.5x → 4,500 points/day

5. Network Incentives (Swell Bonus)

Special campaigns may offer network-specific Boosters.

Currently:

• Swell Network Bonus: +100% (2x Booster)
• Stacks with DeFi and Holding Boosters.

Example:
2x (Swell) × 3x (DeFi) = 6x → 6,000 points/day per KING
Minting 1 KING = 10,000 × 2 = 20,000 points

6. Penalties for Withdrawals or Unwrapping

Leaving the ecosystem comes with penalties:

• Withdrawals:

  • Resets holding duration
  • Suspends all Boosters for 7 days

• Unwrapping KING:

  • Same as above
  • Plus a 10% penalty on total accumulated points

Note: Bridging or moving into a liquidity pool (same wallet, same tx) does not count as a withdrawal.

7. Viewing Your Points

Soon available at kingprotocol.org:

• Current point balance
• Total Earning Rate (base + Boosters)

Display updates coming soon — stay tuned!

8. Update Frequency

Points are calculated and updated twice daily:

• 00:00 UTC
• 12:00 UTC

Note: Timing transactions won’t help — we track down to the second. The best strategy: hold, contribute, and avoid penalties.

9. Multi-Chain Tracking

Points are calculated per network and aggregated:

• Per-Chain Calculations: Boosters, balances, and activity are tracked individually per chain.
• Weighted Averages: Your displayed global rate = weighted average of all network Earning Rates.

Example:

Network	Points	Rate
Mainnet	1,000	6x
Swell	10,000	2x

Global Rate:
(1,000 × 6 + 10,000 × 2) / 11,000 = 2.3x

10. Roadmap

This is just the beginning. Coming soon:

• More supported activities
• On-chain utility for points
• New Booster types
• Integrations with new LRTs and networks

Follow us on Discord and X for real-time updates.

11. Final Notes

The King Points Program is built to reward loyal holders and active participants. Whether you're minting, staking, LPing, or simply holding — your engagement earns you more.

The Kingdom grows stronger with you in it. Let’s build it together.