NAVI Leaderboard: Demystifying Point Distribution for Maximum Rewards

In December 2023, the NAVI team introduced a gamification feature, the NAVI Leaderboard, aiming to enrich the DeFi experience and provide a rewarding system for their community. This feature enables users to accumulate points based on their interactions with the NAVI protocol, fostering a sense of community and incentivizing ongoing engagement. As users have raised questions about the Leaderboard's functionality, this post seeks to unravel the intricacies behind the point distribution system, offering insights to maximize point gains.
Point Distribution Mechanism:
The NAVI Leaderboard operates on a sophisticated point distribution system that takes into account various user interactions with the protocol. Before points are distributed, each user is assigned a score based on their engagement in three main categories: Supply, Borrow, and Activity.

1. Supply Score:
   • Computed as Supply amount multiplied by Supply length (in days).
2. Borrow Score:
   • Calculated as Borrow amount multiplied by Borrow length (in days).
3. Activity Score:
   • Involves daily contract interactions, where each interaction counts as one point. Activities include claiming rewards, participating in boosted incentives, withdrawing, supplying, etc.

Points are then determined by the percentile ranking of a user's score within each category. The scoring system uniquely considers supply and borrow amounts, multiplying them by the length of liquidity activity. This approach allows users with modest capital but a long-term commitment to the NAVI Protocol to achieve higher scores.
Distribution Frequency:
Points are distributed on a weekly basis, every Monday. Users are classified into different percentiles based on their scores in each category, and points are assigned accordingly.
Point Distribution Table:
Users receive points based on their percentile ranking in Supply, Borrow, and Activity categories. For instance, a user scoring in the 0.5%-1% range for Supply may receive 800 points, 5%-10% in Borrow could yield 650 points, and 10%-15% in Activity might result in 100 points. Cumulatively, a user could achieve a total of 1550 Weekly points.
Strategies to Maximize Point Gains:

1. Regular Reward Claims:
   • Claiming rewards consistently allows users to accumulate activity points with minimal effort.
2. Extended Interaction Length:
   • Providing additional supply, such as vSui tokens as collaterals, without immediate withdrawal can increase interaction length and accumulate activity points.
3. Borrowing Strategies:
   • Borrowing additional funds without timely repayment can yield increased interaction length and points.
4. Diverse Collaterals:
   • Providing diverse assets like vSui, Cetus, and wETH as collaterals to the pool can enhance point gains.

Commitment and Rewards:
The NAVI Leaderboard encourages users to demonstrate a long-term commitment to the protocol, increasing their chances of scoring higher and earning more points. This commitment is essential for users aiming to maximize their rewards within the NAVI ecosystem.

The NAVI Leaderboard has proven to be a success, fostering community engagement and providing a rewarding mechanism for dedicated users. In Season 1, the point system becomes particularly crucial as it sets the stage for the upcoming NAVI token airdrop post-TGE. Going forward, the Leaderboard will continue to be a foundational tool for ongoing rewards and incentives within the NAVI community. Users are encouraged to start accumulating points promptly, utilizing the strategies outlined in this post to optimize their point gains and actively contribute to the thriving NAVI ecosystem.