Gravity Reward Programs
From Gravity STARS to Sonic GEMS
Welcome to the Gravity Finance Rewards Program Guide, where we explain all of the different ways you can earn rewards through Gravity Finance STARS, Sonic Points, and Sonic Gems on the new Sonic Network!
POINTS, GEMS & STARS, oh my…
As the Sonic blockchain is rolled out, and we draw closer to the highly anticipated launch of our Flagship product ‘Silos V2’ (exclusive to Sonic), we are excited to announce the various ways in which the community can be rewarded for their participation. This article lays out the 3+ reward programs available and how to be eligible.
Sonic Airdrop Points
Points awarded by Sonic for using eligible protocol/products. These points will allow the holder to claim $S tokens as part of the Sonic airdrop program. The points and $S claims are managed by the Sonic team.
See this article for more details.
Gravity $S Gems
Similar to Sonic airdrop points, these points will allow the holder to claim a portion of the $S tokens that Gravity has been pre-allocated for winning the Emerald Tier in the Sonic Boom program.
Unlike ‘Sonic Airdrop Points’, Gravity Gems (and associated $S) are distributed at the discretion of the Gravity Team, for activities we decide.
Gravity STARS
Gravity Stars is our own separate points/reward system. We will be rewarding users with points for various activities. These points will allow the holder to claim all sorts of rewards in 2025 and beyond. These may include tokens in new product launches (such as Fluid DEX), GFI airdrops (if voted by the DAO), early access to new dApps and much more. Specific reward claims will be announced over time.
How will it work?
We’ll be awarding 2 types of points, ‘Gravity $S Gems’ and ‘Gravity Stars’.
These points will be allocated off chain and viewable on the Gravity website.
We will then distribute ERC-20 points tokens that will be airdropped (or claimable from the UI), in batches proportionally for each activity. Some activities may be single actions, while others may require holding of assets during an eligibility period.
Both tokens will entitle the holder to claim the associated rewards once the claims are made available on the Gravity Rewards page. Both tokens will be tradable on DEXs and may be considered valuable in their own right.
Gravity $S GEMS
100% will be distributed to the community based on participation in Gravity activities and products, on Sonic Chain. Tokens will allow the holder to claim a portion of the $S tokens distributed by the Gravity team, as allocated in the Sonic Boost program. $S claims are expected to start in 4 months from now.
‘Gravity $S Gems’ will have a maximum supply of 1,000,000,000 and will be distributed over the following 4–6 months. Actual $S claims will be available around May 2025 once we receive our allocation from Sonic.
Gravity STARS
25% will be pre-allocated to addresses that held GFI on the Polygon network in either their wallet, Liquidity Pools or the xGFI Vault. The calculations will be based on historical average holdings over time. The more GFI you held on average over time, the more Stars you’ll be pre-allocated.
The remaining 75% of the Gravity Stars will be allocated based on activities, including adding GFI liquidity on Sonic.
‘Gravity Stars’ will have a maximum supply of 1,000,000,000 and will be fully distributed through 2025. After that period, supply increases can be voted for by the DAO only. Claims will be available starting from February and information will be published once available.
How to be Eligible
A certain number of $S GEMS and STARS tokens will be allocated to each activity. Token distributions will be awarded on a per activity basis and allocations will be calculated proportionally based on the total amount of points awarded within that specific activity. Users will essentially compete with each other in that activity.
Eligible activities will be rolled out in phases as we deploy our protocol and products on Sonic. See the chat below for a list of pre-decided activities. We provide details of the 3 initial activities below. More activities will be announced over time and this document will be updated accordingly.
Eligible Activities
Activity 1 — Migrating GFI from Polygon to Sonic.
Stars will be awarded based on the amount of GFI the address migrated across.
Eligibility ends at Polygon Block 67500000 (around February 4, 2025).
Activity 2 — Owning GFI on Sonic Chain.
Stars will be awarded based on the average amount of GFI owned and the duration held within the eligible period.
Eligibility starts at Sonic Block 10000000 (around December 22, 2024).
Eligibility ends at Sonic Block 20000000 (around mid June, 2025).
Activity 3 — Providing GFI liquidity on the Sonic Chain.
Gravity Stars will be awarded based on the amount of GFI added (as part of the Liquidity and the duration held within the eligible period).
Eligible Pools
Users will be able to see a full list of eligible DEXs, Liquidity Pools and associated farms on the Gravity Rewards page when it is ready, check back regularly to stay updated.
Eligibility starts at Sonic Block 10000000 (around December 22, 2024).
Eligibility ends at Sonic Block 20000000 (around mid June, 2025).
Boost ALL STARS Points
Additionally, users can earn a x2 BOOST on their entire Stars allocations (all activities) by taking part in early liquidity provision on the Sonic Network.
To be eligible, users must provide at least 250,000 GFI in one of the eligible pools prior to Sonic Block 5000000 (around January 12, 2025) and the amount of liquidity must not be reduced or removed for at least 45 days.
Points Matrix
Each eligible activity has a Y if that activity is eligible for the specific rewards.
For Gravity Gems and Stars, a weight is displayed instead.
The higher the number, the higher the rewards that will be allocated to that activity.
** Actual rewards allocated will be based on value and duration.
**** Must utilise a native Sonic token such as $S, $S LST, $scUSD, $ONE
Example of points on token allocation
Let’s assume the “GFI Ownership on Sonic” activity has been allocated 200,000 Gravity Star tokens.
If there’s a total of 100,000 points awarded for that activity, each point is worth 2 tokens (200,000 / 100,000).
So every point you earn for that activity will entitle you to 2 star tokens.
In conclusion
We expect the updated Gravity Finance website to launch within days.
This update will include a migration tool, allowing GFI holders to bridge their tokens across to Sonic, as well as the rewards page where you can track your rewards and eventually claim the tokens as mentioned above.
Initially, not all of the listed activities will be indexed, so points may take some time to show up. Our team are working as fast as they can so please be patient.
We encourage everyone to get involved. If there are any questions, we welcome anyone to join our friendly discord community.
Follow us on Twitter and Medium and join our Discord server to be among the first to see announcements and news and take part in DAO discussions.
Links
Website: https://gravityfinance.io
Twitter: https://twitter.com/Gravity_Finance (@Gravity_Finance)
Discord: https://discord.gg/gfi
