Since the start of Chapter 4, Rumpel has:

• Hit new ATHs across TVL ($175m), pToken Market Cap ($8.4m), Total pToken Transaction Volume ($2.8m), Weekly Auto-Seller Volume ($35.4k), and Rumpel Wallets (1.8k)

• Expanded to HyperEVM Chain

• Launched several product / UI updates including: Supported TVL Display, Rumpel Tracker Updates, Referral Program Improvements, and more…

• Added 36 new strategies from 7 ecosystems including Hyperbeat, Sentiment, Kinetiq, Felix, Fluid, and Pendle

• Launched our native analytics dashboard

Rumpel continues to see budding interest for Straw, our native point, which is continuing to incentivize the growth of Rumpel’s TVL, and Rumpel’s Point Markets. With Chapter 4 concluded, we’re excited to announce Chapter 5 of Rumpel’s Straw Program to reward and encourage protocol usage and ecosystem growth.

Similar to Chapter 4, Chapter 5 is designed to be transparent, drive growth, and reward adoption. It inherits the same mechanisms and is not fungible with Chapter 5 points.

Chapter 5 points began accruing on October 1st  and will end on Jan 31st.

Continuous Rewards

The majority of Chapter 5 straw will be distributed through Continuous Emissions, rewarding users a certain amount of straw per $, per day, and per strategy. Distributions occur once a day.

Strategies

• Earning Points through Rumpel - Earn external points and be awarded straw per $ of principal deployed through Rumpel. Point earners can tokenize and sell external points without losing access to earning daily straw.

• Provide liquidity on Uniswap v3 & Hyperswap - Provide single-sided or dual asset liquidity to the designated 1% fee Point Token market on Uniswap v3. Entire range orders are eligible for daily straw, so long as their edges are within +- 10% of the 24-hour point token price range.

• Buying pTokens - Users who purchase pTokens will be awarded X straw per $ of pTokens they’ve previously purchased.

Chapter 5’s reward schedule prioritizes LPs in the early months to encourage liquidity catchup to Rumpel’s existing deposit TVL. The straw daily accrual rate will decay over time until Jan 31st, rewarding users more for participating earlier. Point buying and liquidity provision outside of Rumpel’s designated Point Token markets will be rewarded at Rumpel Lab’s discretion.

Discrete Rewards

Ambassador Program

In Chapter 5, up to 5% of Straw will be allocated and rewarded to users participating in Rumpel’s ambassador program. More Details (Link)

Boosts on Continuous Rewards

Users can earn boosts on continuous rewards for various behaviors across Chapter 5.

There are four public boosts in Chapter 5: New Market boost, Referral Boost, Community Boost, and Loyalty Boost.

New Market Boost

To invite liquidity during the early stages of market development, eligible LPs will earn a 2x boost on continuous rewards for two weeks after new point token markets are deployed.

Referral Boost

Users can accumulate Straw through referrals. Any user who refers a friend will receive 10% of Straw their referral accrues through the duration of Chapter 5.

Community Boost

Specified addresses from publicly announced Partner communities will receive a 1-2x reward boost on all actions (for a maximum of 4 weeks). Partner communities will be added at Rumpel’s discretion throughout Chapter 5.

Loyalty Boost

Addresses that participated in previous Straw seasons will be rewarded with a 1.1x Loyalty boost (equivalent to 10% boost) in Chapter 5.

How to join the Rumpel Story

Eager to join the Rumpel Story? Join our community and learn more about Rumpel to contribute to its storyline. We’re in the early Chapters.

• Learn more on our Website and Docs

• Stay up to date by following us on Twitter

• Engage with the community on our Discord

FAQs

• Do I need to stake my UniV3 LP NFT with Rumpel?

  • No, you do not need to stake your UniV3 LP NFT. Our Straw accrual system automatically picks up range orders whose edges are within +-10% of the pToken’s 24-hour price range.

• Will my Straw holding be rewarded?

  • We anticipate rewarding point holders of all seasons in the future, so stay tuned!

• Where can I see my Rumpel Straw balance?

  • At the top of the Rumpel UI

• What jurisdictions are restricted from participating in the Straw program?

  • United States, or any restricted jurisdiction or country subject to any sanctions or restrictions pursuant to any applicable law, including the Crimea region, Cuba, Iran, North Korea, Syria, Russia, or any other country to which the United States, the United Kingdom, the European Union or any other jurisdiction embargoes goods or imposes similar sanctions, or any jurisdictions in which the transacting cryptocurrencies is prohibited or restricted in any form or manner.

• When can I begin seeing my straw?

  • Oftentimes, it takes over 24 hours to see your Straw on the Rumpel UI, but for some strategies, such as Fluid Looping, it can take up to 48 hours.

• How does Straw accrual technically work? How often and on what values does Straw accrue?

  • Straw accrues once a day. The Straw calculations take into account your lowest balance over the last 24 hours, so once a position is deposited, it can take up to 24 hours before it starts accruing straw. This also goes for when a position is adjusted (increased/decreased).

  • When a user enters a position, the entry Protocol Size is set. If a user updates a position, a weighted entry Protocol Size is created, based on the original entry Protocol Size * original principal, and the new entry Protocol Size * new principal.

• What happens to my Entry Protocol Size if I withdraw temporarily?

  • If you need to withdraw, you won’t lose any straw you’ve earned. However, it will reset your entry Protocol Size for the Protocol Size Boost multiplier. You earn straw based on your lowest balance of the day. So the day you withdraw fully, you’ll not earn points. And then you’ll earn straw again when your position has been in the protocol for a full ~24-48 hours.

• Can I sell my Point Tokens and still earn straw?

  • Yes. For the Depositor Farm, straw accrues to one’s principal that’s earning external points.

• Will there be a point token market for Rumpel Straw?

  • No, there’s too much legal/regulatory uncertainty for Rumpel Labs to launch its point token market.

• What happens if my Straw stops accruing?

  • Open up a ticket on our discord, and we’ll give it a look!

Disclaimer

This document is intended solely for informational purposes regarding Rumpel's straw program. It does not constitute investment advice, nor does it serve as a recommendation or solicitation to engage in any investment activities. Participants should not rely on this document for accounting, legal, tax advice, or investment recommendations. The assumptions and figures presented are illustrative and intended to help participants understand Rumpel’s Reward program; they do not represent any commitments by Rumpel or its affiliates. These views are subject to change without notice.