Hourglass: Leveraged Airdrop Farming and Time-Locked Boosted Points

Jan 07 2025 crypto


Disclaimer: This is neither a recommendation nor an endorsement to buy or trade any token(s) mentioned. This week, we’re diving into a killer new DeFi product leveraging time to optimize yield and points earning. By staking tokens into time-boosted vaults, Hourglass users earn Boost Points—exclusive incentives offered by ecosystem partners such as Lombard or ether.fi . The longer you lock your liquidity, the greater the rewards. Additionally, Hourglass provides access to “Leverage Points” through Point Yield Tokens (PYTs), allowing users to purchase high-value point exposure at a fraction of the cost. Think of buying PYTs on Hourglass like buying YTs on Pendle, where the buyer is fully entitled to the points earned by the Combined Token). For flexibility, these PYTs and CTs are liquid and can be traded on the Hourglass Marketplace, ensuring users can exit their positions anytime. At maturity, the vault no longer earns additional points. The value of the PYTs will trend towards 0 as they get closer to maturity. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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