Version 2 Released! Our biggest documentation upgrade to date.

Season 1: Genesis

For the past three months, Genesis Points have been quietly running in the background, tracking the activity of our earliest users. Today, we're ready to share the details of how Season 1 rewards will work.

Season 1 Timeline

Status: Active - Final phase

  • Duration: 3 months total

  • Snapshot Date: October 1, 2025 at 00:00:00 UTC

  • Points Freeze: All earning stops at snapshot time

  • Claim Portal: Opens within two weeks of snapshot

  • Claim Location: Official Tharwa dApp only: https://app.tharwa.finance


How Points Were Earned This Season

Genesis Points have been tracking real protocol usage automatically:

Important: TRWA holding does not earn Genesis Points. Only thUSD ecosystem participation counts.


Reward Distribution

TRWA Allocation Source

Points convert into TRWA governance tokens from the community incentives allocation:

  • Source: 20% of total TRWA supply reserved for community incentives

  • Season 1: Only a portion will be distributed now

  • Future Seasons: Remaining allocation saved for upcoming campaigns

  • Exact Amount: Will be determined after snapshot when all points are counted

How Distribution Works

1

Snapshot & Review

October 1, 2025 at 00:00:00 UTC

  • All points earning stops immediately

  • Final point balances calculated

  • Sybil and abuse pattern review conducted

  • Flagged wallets may be penalized

2

Proportional Calculation

Your [TRWA](../tokenomics/README.md) = (Your Points / Total Valid Points) × Season 1 Allocation
  • Merit-based: Higher contribution = larger share

  • Proportional: Your slice based on total participation

  • Fair: Rewards genuine protocol usage

3

Vested Distribution

3-Month Linear Vesting

  • Prevents immediate sell pressure

  • Encourages continued participation

  • Protects existing TRWA holders

  • Aligns long-term incentives


What You Get

TRWA Governance Tokens provide:

  • Direct governance power in protocol decisions

  • Voting rights on vault parameters and fee structures

  • Future product influence and strategic direction

  • Potential fee sharing in later protocol phases


Frequently Asked Questions

Q: How much TRWA will I receive? A: The exact amount depends on your share of total valid points and will be calculated after the October 1st snapshot.

Q: When can I claim my TRWA? A: The claim portal opens within two weeks of the snapshot at app.tharwa.finance.

Q: Do sthUSD holders earn points? A: Yes, on the underlying thUSD amount staked, but no bonus since sthUSD already generates yield.

Q: What about referrals and liquidity provision? A: All eligible activities have been tracked automatically. Your final point balance reflects all qualifying actions.

Q: How long does vesting take? A: TRWA rewards vest linearly over 3 months from the claim date.


Anti-Sybil & Security

Review Process:

  • Automated detection of suspicious patterns

  • Manual review of flagged wallets

  • Penalty or exclusion for confirmed abuse

  • Protection of genuine participants

Common Red Flags:

  • Wallet clustering and coordination

  • Artificial referral networks

  • Wash trading patterns

  • Bot-like behavior

Genesis Points reward real users who genuinely contributed to Tharwa's growth, not sophisticated farmers or mercenary capital.


Genesis is our way of ensuring the first wave of Tharwa governance participants are genuine protocol contributors who helped build the foundation during the earliest phase.

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