# Points Program

### Legacy Points Program

The legacy points earned through our old beta programmes such as the Genesis Reward Vault can be burned for USDC rewards in the exact same way as explained below.&#x20;

### Robin Points - extra APY through referrals

Points let you earn an additional +1% APY on $1 of staked value per day per point. Points are integers — no fractions — and they're spent automatically while you have an active stake.

#### Earning points

You earn points by referring friends. For every $1 a referee has staked, you earn 1 point per day. So if someone you referred to has $500 staked, you'll passively earn 500 points per day for as long as they hold their position.

To start: open the points panel, generate your referral code, and share the link. Anyone who deposits using your code is permanently linked to you as a referrer.

#### Burning points

Points burn automatically while you're staked, at a rate of:

burn rate = min(your points balance, your staked value in $)   per day

So if you have 500 points and $300 staked, you burn 300 points per day (one for each staked $) and earn 1% APY on that $300. If you have 100 points and $300 staked, you burn 100 points per day and earn 1% APY on $100.

In other words: points let you boost up to $1 of stake for one day each. To get the maximum benefit, you want to have at least as much in stake as you have points — otherwise the leftover points just sit unused until your stake grows.

#### When does the boost actually pay out?

Points yield accrues automatically as you stay staked. It's added to your bonus payout the next time you withdraw, alongside the guarantee top-up and matching bonus. When you withdraw, the system pays out&#x20;

To avoid wasting gas on dust, very small amounts may be skipped — see "What if my bonus payout is really small?" below.

### How payouts work

All three bonus types are computed at the moment you withdraw and paid out in a single USDC transaction from our wallet, separate from your withdrawal itself. You'll see the transaction land in your wallet within a few seconds to a few minutes after the withdrawal confirms.

You can see the breakdown of every payout (guarantee top-up / matching bonus / points yield) in the Activity tab of your portfolio.

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