Plaza Finance
  • Plaza Overview
  • What are programmable derivatives?
  • Plaza Assets
    • bondETH - An Ethereum-backed Bond
    • levETH - Levered Ethereum
  • Plaza Points (PP)
    • Season 2 Guide
    • Season 1 Guide
    • Pre-Season Guide
  • Protocol Mechanics
    • Create (Buy)
    • Redeem (Sell)
    • Claiming Coupons
    • Coupon Distributions
    • Coupon Auction
  • Contracts
    • Addresses
    • Pool
    • PoolFactory
    • Distributor
    • Auction
    • BondToken
    • LeverageToken
    • BalancerOracleAdapter
    • Audit Reports
  • Miscellaneous
    • Terms of Service
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On this page
  • Disclaimer
  • Earning Plaza Points in Season 1
  • Depositing into the Plaza Deposit Contract
  • Social Media Incentives (Guild.xyz)
  • Community Participation Incentives
  • Plaza Referral Program
  • Plaza Levels Program
  • Rewards Overview:
  1. Plaza Points (PP)

Season 1 Guide

The Plaza Season 1 Points Program rewards users for depositing funds into the Plaza Deposit Contract, growing the Plaza community, and testing the Plaza Protocol.

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Last updated 24 days ago

The Plaza Season 1 Points Program is designed to reward users for engaging with the platform and participating in various activities. The program offers a mix of action-based, social media, and community participation incentives to encourage long-term usage and platform engagement. At the end of each season, points are snapshotted and reset, giving everyone a fresh start to earn points and get rewarded. Season 1 began on March 24, 2025, at 2 pm ET and ends on April 28, 2025 at 12 pm ET. Pre-Season rewards will be distributed at the end of Season 2.

Disclaimer

To ensure fairness and maintain the integrity of the protocol, each user is strictly limited to the use of one wallet per person. Attempts to exploit the system by using multiple wallets, also known as Sybil attacks, are prohibited and will result in disqualification from receiving rewards and possible suspension from the platform. Plaza reserves the right to detect and remove points from anyone caught abusing the system. The Points Program was designed to make it uneconomic to Sybil - users are better off connecting socials to a single wallet rather than self-referring another wallet.

Earning Plaza Points in Season 1

In Season 1, users primarily earn Plaza Points by depositing assets into the Plaza Deposit Contract via the . Users can also earn points by referring users who deposit into the Plaza Deposit Contract. Users can continue to earn Plaza Points daily for testing iterations of the Plaza Protocol on testnet with fauceted testnet funds (free).

Action
Description
Points

Deposit Eligible Asset into the Plaza Deposit Contract Base Mainnet (Requires Funds)

10 points / $ deposited / day (20% APY on top of Deposit Asset Returns) Unlimited points per day (subject to overall deposit caps) x Social Media and Deposit Mulipliers 0.01x points multipler per day deposited 10% points boost to all depositers when the $10m deposit cap is reached

Referring Depositers Base Mainnet (Free to Referrer)

Refer Users to Deposit Eligible Assets into the Plaza Deposit Contract. Referrals from the Pre-Season begin to accrue points in Season 1 if the person referred depsoits into the Plaza Deposit Contract.

10% of the Points earned for depositing by the depositing user (additive only) Unlimited points per day (subject to overall deposit caps)

Create Base Sepolia Testnet (Free)

Create a bond or leverage token using the underlying faucet token. The amount of tokens created does not have an effect on the amount of points rewarded. A point is given for each token type created. The transaction itself is what counts.

1 points / day / token type (levETH and bondETH) Up to 2 points per day x Social Media Multipliers

Redeem Base Sepolia Testnet (Free)

Redeem a bond back to the underlying ETH or into USDC via the UI. Again, the amount of tokens created does not have an effect on the amount of points rewarded. A point is given for each token type created. The transaction itself is what counts.

1 points / day / token type (levETH and bondETH) Up to 2 points per day x Social Media Multipliers

Claim Coupon Base Sepolia Testnet (Free)

Claim a USDC coupon for holding bondETH. The amount of coupons received is driven by bondETH tokens held and does not have an effect on the amount of points rewarded. The claim transaction itself is what counts.

1 points / claim / day Up to 1 points per day x Social Media Multipliers

Depositing into the Plaza Deposit Contract

The Plaza Deposit Contract enables the Plaza Protocol to launch with liquidity so users may freely trade bondETH and levETH. Depositors in the Plaza Deposit Contract receive Plaza Points for providing the initial liquidity.

The Plaza Deposit Contract has an aggregate deposit cap of $10m and is first come, first serve. Users may deposit any of the supported assets into the Plaza Deposit Contract on Base Mainnet, which includes WETH, wstETH, cbETH, ezETH, wrsETH, rETH, and weETH. Once the deposit cap of $10m is reached, all depositing users will receive a 10% points boost. Depositors earn 10 Plaza Points / $ / day for each day they deposit, on top of the returns of the asset they deposit. Depositors also earn a 0.01x points multiplier for each day they remain deposited. The deposit multiplier only applies to points earned from depositing assets into the Plaza Deposit Contract. Points for depositing may take 48 hours to appear on the leaderboard.

Users may withdraw their deposited assets at any time but will forfeit their accrued Plaza Points for depositing. If a user partially withdraws, their points balance will update to where it would be if their remaining balance were the original deposit. If a depositor withdraws after the cap is reached, anyone may deposit up to the available remaining cap. For the duration of Season 1, deposited assets remain verifiably untouched in the Plaza Deposit Contract on Base Mainnet. At the end of Season 1 (expected to last 4 weeks), depositors will receive 70% of the value of their deposit in and 30% of the value of their deposit in on Base Mainnet - in aggregate representing equivalent exposure to the ETH LST/LRT they deposited. Users may then freely trade bondETH and levETH without forfeiting any Season 1 points. The Plaza Deposit Contract was formally audited by .

Social Media Incentives ()

Action
Description
Points / Multiplier

Connect Discord and verify via our server’s captcha.

+ 10% of future points accrued

Connect to Twitter and follow @plaza_finance.

+ 10% of future points accrued.

Connect Email

Connect email and agree to marketing terms.

+ 10% of future points accrued.

Connect to Farcaster and follow @plazafinance.

+ 10% of future points accrued.

Note: In the Pre-Season, users were rewarded for boosting and engaging in the Plaza Discord Server. These actions are not incentivized in Season 1.

Community Participation Incentives

Action
Description
Points / Multiplier

Game Win

Win a game or competitive live event, at mod’s discretion.

100 points

Contest Win

Win a content contest for the week, judged by the mods.

250 points

Plaza Referral Program

The Plaza Referral Program rewards users for growing the Plaza community by inviting their friends. Referring a user entitles the referrer to 10% of the points earned by the referree for depositing assets in the Plaza Deposit Contract. The points are additive - they do not subtract from the person you refer.

Plaza Levels Program

The Plaza Levels Program rewards users for their engagement and participation on the platform, offering exciting rewards such as exclusive NFTs, Discord roles, and merchandise to those who accrue points. As you accumulate points through daily activities, social engagement, and competition wins, you advance through levels, unlocking new rewards at each stage. At the end of each season, levels are reset, giving everyone a fresh start to compete and climb the levels again. Once levels refresh, new seasons bring fresh opportunities to claim additional rewards, including new NFTs, limited-edition merchandise, and roles.

Rewards Overview:

  • Discord Roles: Unlock special Discord roles at various levels, granting you access to exclusive community channels, events, and perks.

Level
Points Needed
Reward(s)

1

100

Discord Role: "Season 1 Participant"

2

1,000

Discord Role: "Season 1 Explorer"

3

10,000

Discord Role: "Season 1 Yield Hunter"

4

100,000

Discord Role: "Season 1 Yield Farmer"

5

1,000,000

Discord Role: "Season 1 Warrior"

6

10,000,000

Discord Role: "Season 1 Gladiator"

7

100,000,000

Discord Role: "Season 1 Senator"

8

1,000,000,000

Discord Role: "Season 1 Emperor"

Holders of NFTs and Discord Roles will get future rewards and early access to features.

Deposit WETH, wstETH, rETH, cbETH, wsrETH, ezETH, and/or weETH into the Plaza Deposit Contract. Users earn the returns of the ETH LSTs and LRTs they deposit + Plaza Points. Users may withdraw at any time and forfeit their Season 1 deposit points. At the end of Season 1, depositers receive 70% of their assets in bondETH and 30% of their assets in levETH, the combination equally their original exposure to ETH. Users may then freely trade the assets. The Plaza Deposit Contract was formally audited by .

Social Media Incentives are based on connecting your account to Plaza's socials. To qualify for the rewards, complete the tasks in the . If you connected your socials and received a multiplier in the Pre-Season, no action is needed - this carries over.

Connect

Connect

Connect

Plaza hosts many community initiatives, all of which are included in the Community Participation Incentives. Keep an eye out on and for more information on how to participate.

Pre-Deposit page
bondETH
levETH
Zellic
Guild.xyz
Guild
Twitter/X
Discord
Zellic
Discord
Twitter/X
Farcaster
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