EnsoFi
EnsoFi Product
EnsoFi Product
  • Introduction
    • Introduction
  • EnsoFi dApp
    • Liquidity
      • How it works
      • Understand the risk
    • Lend with Flexible Terms
      • Guide
        • How to Supply Assets
        • How to Borrow Assets
      • Health Ratio
      • Liquidation Process
    • Lend with Fixed Terms
      • Guide
        • How to Create a Lend Offer and Withdraw
        • How to Borrow and Repay
        • How to Edit Collateral
      • Health Ratio
      • Liquidation Process
    • ENSOFI Points
      • Boostings
  • EDAS
    • Quick Start
    • EDAS Agents
    • EDAS Points
    • EDAS DAO
    • About $EDAS
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On this page
  • 1. Overview
  • Benefits
  • EnsoFi Early Contributor Pass
  • EnsoFi Boosting Pass
  • 2. How to use Boosting NFTs
  1. EnsoFi dApp
  2. ENSOFI Points

Boostings

PreviousENSOFI PointsNextQuick Start

Last updated 1 month ago

1. Overview

There are 2 types of boosting pass on on Solana:

  • EnsoFi Early Contributor Pass

  • EnsoFi Boosting Pass

EnsoFi Early Contributor Pass was a free mint pass for our early contributors who supported us in early phase and join our Beta-test on Solana. The minting period for Early Contributor Pass is now over. However, you can now buy EnsoFi Early Contributor Pass on the secondary market

EnsoFi Boosting Pass is made for members of 30+ special communities in Solana who are experts in DeFi and NFT as well as core contributors in Solana ecosystem overall.

We believe these individuals are just the right people to launch Season 1$ENS rewards.

If you are a member of any community below, you can claim NFT (Available on 30th July)

Partner Community List: Solana Monkey Business, Superteam, Mad Lads, Wormhole, Pyth, Tensorians, Sharx, DeGods, y00ts, Claynosaurz, OkayBears, CryptoUndeads, Sensei, Namaste, GGSG, BoDoggos, DegenApeAcademy, Famous Fox Federation, Frogana, dePioneer, SagaMonkey, Pike, Woodlander, Mutantmon, Portal, Cyber Frogs, Saga Phone, Ovol, GigaBuds, HOA, AssetDash, DappieGang, Ancient8

Benefits

EnsoFi Early Contributor Pass

Duration: 2 Weeks

Initial Points: 2,000 points - awarded every time burning

Boost Rate: 1.4x

Example: You earn 1,000 points from lending activities. If you have EnsoFi Early Contributor Pass, you will receive 1,400 points instead.

EnsoFi Boosting Pass

Duration: 2 Weeks

Initial Points: 1,000 points - awarded every time burning

Boost Rate: 1.2x

Example: You earn 1,000 points from lending activities. If you have EnsoFi Boosting Pass, you will receive 1,200 points instead.

2. How to use Boosting NFTs

  • After burning NFT,

    • Initial Point will be awarded based on type of EnsoFi NFT

    • Points earnings receive up to 1.4x boost for a period of 336 hours (2 weeks) starting from the burning time.

Note:

  • Boost applies to Lend Offer, Lend Contract, and Borrow Contract.

  • If you have multiple NFTs and one is already active, you can extend the boost period. The boosting rate remains the same; only the duration is extended.

  • If you have both EnsoFi Boosting Pass & Early Contributor Pass, system automatically burns Early Contributor Pass first

Example: Current boost time is 55 hours; by extending with another NFT, the total boost duration becomes 55 + 336 = 391 hours.

Activate Boosting: To activate your point boost, burn your Early Contributor Pass & EnsoFi Boosting Pass. This can be done using via

https://app.ensofi.xyz/
here
https://ensofi.xyz/mint