Notice of Policy Changes for Kaia Portal v1.3

In the recent Kaia Portal v1.3 release, the Avalon Lending Protocol mission was added. We would like to inform the community about changes to the point accumulation policy related to this.

Changes

• Points will not be awarded for additional TVL obtained through recursive borrowing and lending on Avalon Finance. For example, even if you repeatedly borrow and deposit with $100 USDC, points will only be accumulated for the initial $100 USDC deposit.
• While this was initially not restricted to promoting lending activity, we have determined that a few wallets are now monopolizing the borrowing cap and not contributing to meaningful TVL growth on the chain.

Implementation Timeline

• After December 10th at 00:00 KST, users who have occupied more than 10% of a single asset’s Borrow cap through looping on Avalon Finance and gained additional points may have some of their accumulated points deducted for that period.
• Starting from the portal update scheduled for December 13th, point accumulation through looping will no longer be applicable.

The Kaia Foundation will continue to strive to provide services that align with the objectives of the Kaia Portal.