💦Points Mechanism & Slippage Tax
Source of Points:Points are minted only by converting LOOP → Points at a fixed rate of1 LOOP = 3 Points. Participation in savings requires prior conversion to Points.
Slippage Tax on Conversion:Each conversion levies33.33% of the LOOP amount as a“slippage tax,”routed automatically—permissionlessly—into the Tax Pool. This design directly channels Points demand into real LOOP buy-pressure and Treasury/Tax Pool accruals, forming endogenous demand and fiscal resources for the protocol.
Last updated