Sonic Gems
Last updated
Last updated
When users earn Sonic Points through MachFi, it helps determine MachFi's final share of the total Sonic Gems allocated to protocols. MachFi commits to distribute its Sonic Gems back to users based on the points leaderboard.
As a lending protocol native to Sonic, MachFi's Gem Score is 8x. MachFi qualifies for the Gem Score as follows:
Category Weight
Lending
4
Sonic Native
Native
2
Gem Score = Category Weight x Sonic Native = 8
Final Score = Gem Score x (1 + Point Score)
MachFi boasts one of the highest Gem Scores (ranging from 0.5 - 10), serving as a multiplier, as demonstrated above