Suzaku (Re)staking
Suzaku Points

Suzaku Points

Stakers earn Suzaku points by depositing their assets into the protocol.

Understanding Suzaku points

Suzaku Points are a measure-of-engagement with the Suzaku protocol during its launch phase. These points reflect participation and contribution to the ecosystem's growth. While they may influence future token distributions, their primary purpose is to recognize and reward early adopters and active participants.

Suzaku points system overview

The Suzaku points system is designed to fairly reward participants based on their contributions. Here's a high-level overview of how points are calculated:

  1. Assets: Points are earned based on what assets a staker deposits on the protocol. Currently, sAVAX, BTC.b, and AUSD deposits accrue points.

  2. Value: The USD value of deposits is a key factor in point calculation.

  3. Multipliers: The system includes Early Bird periods to encourage early participation. Additionally, each asset can have a specific multiplier.

Points are updated every 4 hours.

The points formula

The baseline Suzaku points formula is: 3 points per day per USD; on top of which are added multipliers.

The number of points Pst(h)P_{st}(h) accrued by a staker ss for a given token tt during hour hh is given by:

Pst(h)=ast(h)pt(h)mt(h)243M(h)\Large P_{st}(h) = \frac {a_{st}(h) \cdot p_{t}(h) \cdot m_{t}(h)}{24} \cdot 3 \cdot M(h)

Where:

  • ast(h)a_{st}(h) represents the amount in token tt deposited by staker ss at hour hh.
  • pt(h)p_{t}(h) represents the price in USD of token tt at hour hh.
  • mt(h)m_{t}(h) represents the multiplier for token tt at hour hh.
  • M(h)M(h) represents the global (Early Bird) multiplier active at hour hh.

The Suzaku points system is subject to refinement as we gather community feedback and optimize the protocol. Any significant updates will be clearly communicated through official Suzaku channels.

Early Bird multipliers

To encourage early participation, the Suzaku points system will have two special periods with increased multipliers:

PeriodStart DateEnd DateMultiplier
Launch periodSuzaku Restaking launch2 months after launch2x
Bootstrap period2 months after launch4 months after launch1.5x

Specific dates for these periods will be announced through official Suzaku channels.

Supported assets

At launch, the Suzaku points will be allocated to deposits in the following assets with the following multipliers:

AssetAddress on Avalanche C-ChainMultiplier
sAVAX0x2b2c81e08f1af8835a78bb2a90ae924ace0ea4be (opens in a new tab)1.2x
BTC.b0x152b9d0fdc40c096757f570a51e494bd4b943e50 (opens in a new tab)1.5x
AUSD0x00000000eFE302BEAA2b3e6e1b18d08D69a9012a (opens in a new tab)1.8x

Each asset plays a unique role in the ecosystem. Additional assets may be added in the future as the protocol evolves.

Our commitment to transparency

Suzaku is dedicated to maintaining transparency in the points system. Points are calculated using Dune Analytics. You can view the calculations on the official Suzaku Dune query (opens in a new tab). While calculations are performed off-chain for efficiency, we are committed to providing clear explanations and updates about the process.

Participant feedback

Your input is valuable! If you notice any inconsistencies or have suggestions for improving the points system, please share your thoughts through our community platforms. We're committed to fostering an open dialogue and continuously enhancing the Suzaku experience.

Important note

Suzaku points are designed to measure and reward participation. They are not financial instruments and do not guarantee any future benefits. Always refer to official Suzaku communications for the most up-to-date information on the points system and its potential implications.