KING Points

KING points are the rewards given out by the King protocol, for engaging with their ecosystem.

Earning KING Points

KING points can be earned in the following ways:

1. Holding assets which earn KING points

   • For ether.fi, this currently includes eETH and weETH, with potentially other assets to follow

2. Holding KING tokens

KING points are earned at a rate of 1 KING point per ETH per hour. For example, a user who stakes 1 eETH for 10 days should accrue 240 KING points over this time period (1 ETH × 10 days × 24 hours/day = 240 KING points).

Tokens who's value doesn't match ETH (e.g. KING, weETH) will be rewarded based on their value in ETH at the given time.

What are KING points for?

KING points will be considered by the King protocol when distributing potential future rewards.