Important update about our points system. Have a great weekend!
Points Transparency Update 🧵 We identified inaccuracies in points distribution during the manual calculation period, specifically affecting Pendle YT positions and referred TVL outside of Almanak Vaults. Once detected, we immediately began investigating and correcting these irregularities. Here’s the timeline of fixes and actions to ensure fairness: 📌Sept 10–16: YT-alUSD’s received ~6% fewer points. Corrected with a 10% retroactive points airdrop reimbursement and an apology bonus, distributed to the wallets of the affected users on the 23rd of September. 🔑 These were newly issued points, created outside of scheduled emissions. No one else’s rewards were affected because of the reimbursement. 📌Sept 10–21: Referrals outside of Almanak vaults (Pendle, Curve) were not earning points. The issue was fixed on the 22nd, and today (26th), the retroactive referral reimbursement airdrop was sent to the wallets of the affected users. 🔑 Again, all reimbursement points were new points, so no user was disadvantaged. 📌Sept 22: ✅ The points system has fully stabilized and switched back to automated 24h distributions, now upgraded with fractional points, so everyone can still earn fairly, even in small amounts. ✅ Referrals started counting Pendle & Curve referred TVL. ✅ YT-alUSD boosted to a 1.5x multiplier, applied to both YT positions and the full Curve LP value. 📌Sept 23: ✅Cookie tracking enabled: Pendle & Curve positions started being tracked, including ACM multipliers for cSnappers. (5 YT-alUSD = 1 alUSD for multiplier calculations) 📌Sept 26: ✅Curve LPs are now earning a 1.5x points multiplier on the full deposit value. ✅Everything has now been handled and is working as intended. No user action is required. We apologize for the inconvenience. 🙏 Fairness and transparency remain our top priority. If you notice irregularities, we’ll fix them. ⚡️ Happy Weekend /\
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