Plaza Finance

How to Participate in Plaza Finance’s Points Program (Season 2 started)

1. Connect to Base
   • Visit Plaza Finance’s application
   • Connect your Web3 wallet (Rabby recommended)
   • Ensure your wallet is configured for Base
2. Acquire Tokens
   • Make sure you have some ETH on Base
   • Get some from Binance or bridge asset using Rhino.fi
3. Interact with Core Products
   • Experiment with buying and selling bondETH and levETH
   • Earn 10 points per $1 deposited in bondETH or levETH per day
4. Set Up Social Connections
   • Join Plaza’s Discord server
   • Go to Plaza’s Guild page and sign in
   • Link your X (formerly Twitter) account
   • Join and connect Discord
   • Verify your email address
   • Connect your Farcaster profile

Season 2 Point Earning Opportunities

• Holding bondETH: 10 points per dollar of balance per day (unlimited points with multipliers)
  • Available on Base Mainnet or any chain
  • bondETH is a high-yield decentralized bond backed by ETH liquid staking and liquid restaking tokens
• Holding levETH: 10 points per dollar of balance per day (unlimited points with multipliers)
  • Available on Base Mainnet or any chain
  • levETH provides leveraged ETH exposure without liquidation risk
• Aerodrome LP: 20 points per dollar of balance per day (unlimited points with multipliers)
  • Provide liquidity to bondETH/USDC or levETH/USDC concentrated liquidity pools on Aerodrome
  • Aerodrome is the premier DEX on Base
• Referral Program: 10% of points earned by users you refer who hold bondETH/levETH or provide DEX liquidity
  • Referrals from Pre-Season and Season 1 continue to accrue points in Season 2

Social Media Multipliers

Connect your social accounts to earn multipliers on all future points:

• Connect Discord (+10%)
• Connect Twitter/X and follow @plaza_finance (+10%)
• Connect Email (+10%)
• Connect Farcaster and follow @plazafinance (+10%)

Season 1 Transition Details

Season 1 depositors will receive:

• 70% of their deposit value in bondETH
• 30% of their deposit value in levETH on Base Mainnet

This distribution represents equivalent exposure to the ETH LST/LRT they originally deposited. Users can freely trade bondETH and levETH without forfeiting any Season 1 points.

Plaza Levels Program

The Plaza Levels Program rewards users with exclusive Discord roles as they accumulate points. Check out more details on the rewards from the official guide.

Latest Update: Plaza Launches Incentivized Pre-Deposits on Base Mainnet

Plaza is transitioning from Pre-Season to Season 1 with the launch of incentivized pre-deposits on Base mainnet on March 24th at 2PM ET.

• Launch Date: March 24th, 2025 at 2 pm ET
• Points System: 10 Plaza Points per $ per day
• Referral Bonus: 10% of Plaza Points earned by referred depositors

Maximizing Your Points

Daily Activities

• Engage with bondETH and levETH products
• Create or redeem derivative tokens
• Monitor your points accumulation on the dashboard
• Maintain consistent daily participation

Social Engagement

• Participate in Discord community events
• Engage in contests and games
• Share your unique referral link
• Build meaningful connections within the community

NFT Rewards

• Earn 50 points to claim the Basic NFT
• Progress through higher tiers for additional NFTs
• Unlock special Discord roles based on point thresholds

Frequently Asked Questions

What is the value of Plaza Finance points?
Points currently serve as a measure of engagement and may influence future reward distributions, though their exact value is not determined.

How often can I earn points?
Users can earn up to 4 points per day for: creating bondETH, creating levETH, redeeming bondETH and redeeming levETH tokens, with additional points available through social activities and referrals.

Are the points transferable?
No, points are non-transferable and tied to individual wallet addresses and social accounts.

How can I track my progress?
Visit the Points & Rewards page on Plaza Finance’s platform to monitor your point accumulation and NFT eligibility.

Conclusion

Plaza Finance’s points program offers an engaging way to familiarize yourself with their innovative derivatives platform while potentially positioning yourself for future opportunities. While an airdrop remains speculative, the program provides valuable hands-on experience with DeFi derivatives and community building. Stay informed about updates and program changes by following Plaza Finance’s official social media channels.

Remember that participation in testnet activities involves no real assets, making it a risk-free way to learn about programmable derivatives and contribute to the platform’s development.