Opportunity Points
Opportunity Points is a planned campaign rewarding protocol participation. Dates are unannounced, and signup does not start points accrual. One initial campaign is intended, with continuation reviewed afterward.
Two ways to earn
- Buy and sell puts and calls. Qualifying trading fees earn points.
- Supply vaults. Qualifying fees from options-writing and lending vaults earn points, including qualifying lending performance fees.
The rate is 314,159 points per $1 of qualifying protocol fees actually paid. Deposits, trade notional and gas do not themselves earn points. Detailed fee attribution and accounting rules remain pending.
Two bonuses, up to 3× points
Start with 1× base points. Email signup adds +1×, and eligible governance forum engagement adds another +1×. Either bonus alone gives 2×; both together give 3×. The bonuses add rather than multiply.
| Qualification | Total points multiplier |
|---|---|
| Base points | 1× |
| Email signup only | 2× |
| Governance engagement only | 2× |
| Both | 3× |
Governance engagement criteria, verification, account-to-wallet linking and eligibility timing are still being defined. Join the governance discussion. Email signup alone does not verify governance engagement, and forum membership alone has not been defined as qualifying engagement.
Email signup: +1×
Register your email and EVM wallet and confirm through the email we send. Opening the link displays a confirmation button; it does not confirm automatically. Links expire after 24 hours and can be used once. If a link expires, request another from the signup page and use the newest email.
Remain subscribed to Opportunity emails at redemption to receive 2× eligible points for conversion. This includes eligible points earned before signup. Base points stay unchanged during accrual; the multiplier is applied at redemption. Its duration is unspecified, with no permanent bonus promise.
2× or 3× points does not promise twice or three times as many tokens. Conversion terms are unannounced. No token-value estimate follows from the earning rate.
Email and wallet registration
Initially, one EVM wallet address can be registered per email. No wallet connection or signature is required for signup. Email confirmation verifies the email-to-address registration, not wallet ownership.
To change a wallet, submit the new address and confirm the new email. The previous confirmed address remains registered until the replacement succeeds. Older pending links cannot overwrite a newer request. Repeated registrations cannot repeat either bonus or establish ownership of a wallet. The distinct email and governance bonuses combine once each, up to 3×.
Submitting the form does not change an existing contact's subscription preferences. New contacts remain unsubscribed until confirmation; deliberately confirming can subscribe or resubscribe you. You may unsubscribe afterward, but you must remain subscribed at redemption to qualify for the bonus. Redemption must verify wallet control and current subscription status.
Conversion and exercise
The current direction is zero-premium token calls. Receiving a call would not require a premium, but exercising it would require payment of its exercise price. Exercisability is intended to run across four years with a back-weighted schedule. Tokens received on exercise would be immediately transferable.
Exact conversion, exercise prices, reserves, release curve and deadlines remain pending. Older direct points-to-token redemption drafts are superseded by this direction. Accounting details that have not been approved remain proposals.
A participation campaign
The resemblance to Hyperliquid is narrow: both use a points campaign to reward protocol participation. Hyperliquid's official points documentation describes its own program. Opportunity does not imply matching economics, rewards or affiliation.
The canonical program definition is maintained in opportunity/whitepaper, at docs/protocol/points-program.md. This guide describes approved direction and open terms; it does not establish a launched campaign or available redemption.