Supercharge Your BlazPoints: Now Earn by Transacting on BlazPay DeFi!

Hey BlazPay Community!

You already know and love earning BlazPoints through activities on our Rewards Dashboard. We’ve seen fantastic engagement, and we appreciate you being active members of the BlazPay ecosystem!

Today, we’re thrilled to announce a major expansion to how you can accumulate those valuable BlazPoints: You can now earn BlazPoints simply by making transactions on the BlazPay DeFi platform!

DeFi Activity Now Fuels Your BlazPoints Balance

That’s right — your everyday DeFi activities on BlazPay, such as swaps, liquidity provision, and other supported transactions, will now directly contribute to your BlazPoints total, alongside the earnings from the Rewards Dashboard. We’re bridging the gap and making your DeFi participation even more rewarding.

How It Works: Earning Points via DeFi

We’ve integrated our DeFi module with the BlazPoints system, keeping the earning process straightforward:

1. Value-Based Earning: The points you earn are tied to the USD value of your DeFi transaction. For every $1 USD in value transacted, you’ll receive 100 BlazPoints.
2. Minimum Reward: Every successful DeFi transaction counts! Even smaller transactions will earn you a minimum of 5 BlazPoints.
3. Transaction Cap: To ensure fairness, there’s a cap on earnings per transaction. You can earn a maximum of 1,000 BlazPoints from any single DeFi transaction.

Example: A DeFi transaction worth $7.50 USD earns 750 BlazPoints. A transaction worth $25 USD would normally equate to 2,500 points, but due to the cap, it will earn 1,000 BlazPoints.

4. Daily DeFi Earning Limit: To maintain a healthy and balanced points economy, there’s a daily limit specifically for points earned through DeFi transactions. Each user can earn a maximum of 100,000 BlazPoints per day from their activity on the BlazPay DeFi platform. (Note: This limit applies only to points earned via DeFi transactions).

Important Notes & Clarifications

• Price Accuracy: To calculate BlazPoints, we determine the USD value of tokens using data from a third-party service. While we aim for accuracy, occasional slight discrepancies or delays in reported values compared to other market sources might occur due to this external reliance. This could mean the BlazPoints awarded sometimes differ slightly from what you might expect based on instantaneous market prices.
• Retroactive Limit Application: The DeFi points feature may have been active for a short period before this official announcement. If you performed DeFi transactions during this brief window and earned points exceeding the newly established limits (i.e., more than 1,000 points for a single transaction or accumulating over 100,000 points from DeFi in a day), please note that your earned points may be adjusted retrospectively to align with these official caps. This ensures fairness and consistency from the intended start of the capped system.

Why Integrate DeFi with BlazPoints?

This update is all about creating a more unified and rewarding experience within BlazPay:

• Recognizing DeFi Users: We want to specifically acknowledge and reward the activity of our users engaging with the DeFi features.
• Enhancing Utility: Makes participating in BlazPay DeFi even more compelling by directly linking it to our established points system.
• Unified Ecosystem: BlazPoints become a central reward mechanism, earned through various interactions across the BlazPay platform, now including DeFi.

Understanding the Limits

The per-transaction cap (1,000 BlazPoints) and the daily DeFi transaction earning limit (100,000 BlazPoints) are crucial measures. They help ensure the BlazPoints program remains sustainable, prevents system gaming, and promotes a fair distribution of rewards among all active DeFi users.

Start Earning More BlazPoints Today!

Ready to boost your BlazPoints balance through DeFi?

1. Head over to the BlazPay DeFi section.
2. Perform your desired transactions (swaps, etc.).
3. Watch your BlazPoints accumulate automatically!

It’s that simple. Continue engaging with the Rewards Dashboard and now supercharge your earnings by actively participating in BlazPay DeFi.

We’re incredibly excited to bring DeFi activity into the BlazPoints fold and further enhance your BlazPay experience. Thank you for being a vital part of our growing community!

Happy Transacting, and Happy Earning!

Best regards,

The BlazPay Team