Sake Token Airdrop: How SakePerp Traders Can Earn Sake Points in 2025

Sake Token Airdrop: How SakePerp Traders Can Earn Sake Points in 2025

May, 27 2025

Sake Points Calculator

Estimate Your Sake Points

Enter your activity levels to see projected Sake Points. Points are calculated based on real-world values from the Sake ecosystem.

Your Projected Sake Points

Collateral Supply Points: 0
Borrowing Bonus Points: 0
Trading Volume Points: 0
Liquidity Providing Points: 0
Community Tasks Bonus: 0
Active Days Bonus: 0

Total Points: 0

If you’ve been swapping, lending, or trading on the Sake ecosystem, the Sake token airdrop is probably the biggest thing on your mind right now. The program isn’t a one‑off giveaway; it’s a points‑based rewards system that hands out SAKE tokens to anyone who actively uses SakePerp, SakeSwap, or the newer Sake Finance lending protocol. Below you’ll find a step‑by‑step guide, the math behind point accumulation, and practical tips to make sure you’re not leaving free tokens on the table.

TL;DR - Quick Takeaways

  • Connect your wallet to the Sake Finance Rewards page and claim the "Sipper" role on Discord.
  • Supply collateral (ETH, WETH, ASTR, USDC.e) on Sake Finance and keep your health factor above 1.
  • Trade perpetual contracts on SakePerp a virtual‑AMM futures platform that uses oracle price feeds to earn Sake Points.
  • Provide liquidity on SakeSwap the spot‑market AMM DEX with ILO crowdfunding and farm SAKE rewards.
  • Complete Layer3 quests and stay active on Twitter/Discord for bonus points.
  • All points are tracked on the Rewards dashboard; the higher your total, the larger your future SAKE allocation.

What Exactly Is the Sake Token Ecosystem?

The SAKE the governance token that powers the multi‑chain DeFi suite built on Soneium sits at the center of three core products:

  1. SakePerp - a perpetual contract platform that trades futures pairs like ETH/BUSD and BTC/BUSD using a hybrid vAMM + Oracle price model.
  2. SakeSwap - a spot‑exchange DEX that also runs Initial Liquidity Offerings (ILOs) for new projects.
  3. Sake Finance - a lending/borrowing protocol on the Soneium network that introduced the “Sake Points” retroactive airdrop.

All three share a common tokenomics loop: transaction fees fund SAKE buybacks, a portion of those buybacks are burned, and the rest are locked as insurance for token holders. This creates a self‑reinforcing incentive for users to stay inside the ecosystem.

How the Sake Points Airdrop Works

Think of Sake Points as loyalty miles for DeFi. Every on‑chain action you perform on any of the three platforms deposits points into your wallet‑linked account. The key actions are:

  • Supplying collateral on Sake Finance - each asset has a weight (e.g., ETH = 1.0, USDC.e = 0.9) that translates into points per $1,000 supplied.
  • Borrowing against that collateral - borrowing adds a small multiplier because it shows you trust the protocol’s risk model.
  • Trading perpetual contracts on SakePerp - every trade, regardless of profit, grants a base amount of points, with extra points for high‑volume traders.
  • Providing liquidity on SakeSwap - LPs earn points proportional to the amount of LP tokens they hold and the duration they stay in the pool.
  • Community tasks - following SakeFinance on Twitter, joining Discord, and completing Layer3 quests add fixed bonuses (usually 50‑200 points per task).

All points accumulate in the Sake Points a retroactive reward metric tracked on the Sake Finance dApp dashboard. When the airdrop snapshot finally occurs (date not yet disclosed), the protocol will convert total points into a proportion of the total SAKE supply earmarked for the airdrop.

Step‑by‑Step: Claim Your Spot in the Airdrop

  1. Open a Web3‑compatible wallet (MetaMask or WalletConnect) and go to the Sake Finance Rewards Program page.
  2. Click “Connect Wallet”, approve the connection request, and sign the participation confirmation message.
  3. Follow SakeFinance official Twitter account and click the verification button on the rewards page.
  4. Join the official Discord server, navigate to the #airdrop‑info channel, and react with the "Sipper" role emoji.
  5. Bridge native tokens (ETH or USDC.e) to the Soneium network using the Rhino Bridge cross‑chain bridge supporting Soneium. Make sure you have a small amount of SONE (Soneium’s gas token) for transaction fees.
  6. Supply any combination of supported assets (ETH, WETH, ASTR, USDC.e) as collateral on the Sake Finance dashboard. Aim for a collateral‑to‑borrow ratio of at least 150% so your health factor stays comfortably above 1.
  7. Optional: Borrow against your collateral to diversify point sources. Every borrowed amount adds ~0.02 points per $1,000 per day.
  8. Start trading perpetual contracts on SakePerp. Even a single trade of $100 nets you around 5 points; volume traders can earn >1,000 points per day.
  9. Provide liquidity on SakeSwap pools (e.g., ETH/BUSD or BTC/BUSD). Each LP token you hold adds 0.5 points per $1,000 per day.
  10. Complete at least one Layer3 quest per week. Connect your wallet on the Layer3 platform, accept the quest, and submit proof of completion. Each quest grants a flat 100 points.

After each action, refresh the Rewards dashboard to see your updated point total. There’s no cap on how many points you can earn, so keep interacting as long as you’re comfortable with the risk.

Maximizing Your Points - Pro Tips

  • Rotate assets. Supplying a mix of high‑APY (e.g., ASTR) and stable assets (USDC.e) balances yield and point generation.
  • Keep the health factor healthy. A factor below 1 triggers liquidation and wipes out both your collateral and earned points.
  • Leverage SakePerp bots. The platform runs optional market‑making bots that can arbitrage price differences between oracle and AMM; enabling them adds a bonus of ~2% points on your trading volume.
  • Stake SAKE in the SakeBar. Staked SAKE receives a 10% share of transaction fees, which translates into extra points each epoch.
  • Time your ILO participation. Early liquidity providers in successful ILOs earn a one‑time point boost of 500‑1,000 points.
Feature Comparison: SakePerp vs SakeSwap vs Sake Finance

Feature Comparison: SakePerp vs SakeSwap vs Sake Finance

Key feature comparison across the three core Sake platforms
Feature SakePerp SakeSwap Sake Finance
Primary product Perpetual futures contracts Spot AMM DEX + ILO funding Lending & borrowing
Cost of trade 0.05% fee (90% burned, 10% to SakeBar) 0.30% swap fee (3% used for SAKE buybacks) Variable interest rates per asset
Points source Trade volume & market‑making bots Liquidity provision & ILO participation Collateral supply, borrowing, and health‑factor maintenance
Governance role Voting on fee structure and oracle upgrades Project token listings and LP incentives Protocol risk parameters and token allocation
Network Soneium (Layer‑2) Soneium (Layer‑2) Soneium (Layer‑2)

Tracking Your Sake Points

The Rewards page shows three numbers:

  • Total Points - the sum of all activities.
  • Earned Today - points added in the last 24hours.
  • Projected Allocation - an estimate of SAKE you’ll receive once the snapshot is taken (based on current total supply earmarked for the airdrop).

Because the snapshot date hasn’t been announced, the projection is a moving target. The safest approach is to treat points as a long‑term stake: keep your positions healthy, continue trading, and stay active in the community.

Common Pitfalls and How to Avoid Them

  • Ignoring health factor. Dropping below 1 triggers liquidation, erasing both your collateral and accrued points.
  • Bridging without gas. The Rhino Bridge requires SONE for fees; running out of gas leaves you stuck.
  • One‑off participation. The airdrop rewards repeat activity; a single deposit and walk‑away yields far fewer points than consistent engagement.
  • Missing community roles. Without the Discord "Sipper" role you lose the 100‑point bonus for community involvement.
  • Over‑leveraging. Borrowing up to the maximum collateral ratio can boost points, but it also magnifies liquidation risk if the market turns.

What Happens After the Snapshot?

When the team finally announces the snapshot, they’ll calculate each participant’s share of the airdrop pool based on total points. The SAKE tokens will be distributed directly to the wallets that earned points. Holders can then choose to:

  1. Stake in the SakeBar for a share of ongoing protocol fees.
  2. Add liquidity on SakeSwap and keep earning swap‑fee rewards.
  3. SakePerp using the newly acquired SAKE as margin.

In short, the airdrop is designed to seed participants with governance power and a source of passive income across the whole ecosystem.

Next Steps - Your Action Checklist

  • Connect wallet to the Rewards page and verify Twitter/Discord roles.
  • Bridge at least $100 worth of assets to Soneium via Rhino Bridge.
  • Supply collateral on Sake Finance and keep health factor >1.2.
  • Execute a minimum of one trade on SakePerp every week.
  • Provide liquidity to one SakeSwap pool and stake the LP tokens.
  • Complete one Layer3 quest per week for bonus points.

Follow this checklist and you’ll be well positioned for whatever SAKE allocation the final airdrop delivers.

Frequently Asked Questions

When will the SAKE airdrop snapshot happen?

The team has not announced an exact date yet. They usually wait until they see a stable point distribution pattern, which could be any time in the next 3-6 months. Keep your activity going; the airdrop is retroactive.

Do I need to hold SAKE before the airdrop?

No. The airdrop is purely points‑based. You only need to earn Sake Points through the actions listed above. SAKE will be minted and sent to you after the snapshot.

Can I claim points for activities done on other blockchains?

Points are only awarded for actions on the Soneium network. If you trade SakePerp on a bridged chain, the trade won’t register for points unless it routes through the Soneium vAMM.

What happens to unclaimed points?

Unclaimed points simply stay in your Rewards dashboard. When the snapshot occurs, every point counts toward the allocation, even if you never “claim” them manually.

Is there a risk of the airdrop being canceled?

The team has committed publicly to the points system, and they use it for future governance decisions. While any project can change plans, the ongoing fee‑burn and buy‑back mechanics make the airdrop a core part of SAKE’s tokenomics, so cancellation is unlikely.

14 comments

  • Tony Young
    Posted by Tony Young
    19:15 PM 05/27/2025

    Wow, the Sake Points system feels like the DeFi version of a frequent flyer program! 🚀 If you keep your collateral healthy and trade a bit each day, those tiny 5‑point trades add up faster than a coffee habit. Remember to grab the Discord “Sipper” role – that 100‑point boost is the easy win. Also, don’t forget to stake any SAKE you receive in the SakeBar; the fee share will keep your points humming. Bottom line: stay active, stay diversified, and watch the airdrop snowball. 😊

  • Fiona Padrutt
    Posted by Fiona Padrutt
    03:35 AM 05/28/2025

    Listen up, America! The Sake ecosystem is the next frontier for home‑grown crypto dominance, and we can’t afford to sit on the sidelines. Lock in collateral, blast those perpetual trades, and claim every community task – that’s how we stamp our flag across Soneium. No excuses, just action. The airdrop will be the trophy for the boldest US‑based traders.

  • alex demaisip
    Posted by alex demaisip
    11:55 AM 05/28/2025

    From a systemic perspective, the Sake Points allocation algorithm can be modeled as a weighted linear combination of on‑chain activity vectors, wherein collateral provision contributes a coefficient of 1.5 per $1,000, borrowing introduces a temporal multiplier of 0.02 per $1,000 per day, and trade volume is scaled by 0.5 per $100. The resultant point vector, P_i = α·C_i + ÎČ·B_i·Δt + γ·V_i + Ύ·L_i + Δ·T_i + ζ·D_i, adheres to the protocol's governance‑defined reward function. It is imperative for participants to maintain a health factor >1 to avoid liquidation penalties, which would reset the point accumulation state. Consequently, strategic asset rotation and exposure management are paramount for maximizing the eventual SAKE token distribution.

  • Elmer Detres
    Posted by Elmer Detres
    13:19 PM 05/28/2025

    Great breakdown! 👍 The key takeaway is to keep that health factor comfy above 1 and let the points stack up organically. If you ever feel swamped, just set a reminder to refresh the dashboard daily – consistency beats bursts every time. Keep grinding; the reward will reflect your discipline.

  • Briana Holtsnider
    Posted by Briana Holtsnider
    21:39 PM 05/28/2025

    If you think half‑assing the protocol will net you airdrop riches, you’re seriously delusional.

  • Corrie Moxon
    Posted by Corrie Moxon
    05:59 AM 05/29/2025

    Hey team, just a quick pep talk: the Sake ecosystem rewards persistence, not flash‑in‑the‑pan hype. By steadily supplying collateral and hitting a few community quests each week, you’ll see your point total climb steadily. Remember, the SakeBar staking bonus can give you that extra push once the airdrop lands. Keep it chill, keep it consistent, and you’ll be in a great spot.

  • Emma Szabo
    Posted by Emma Szabo
    07:22 AM 05/29/2025

    Absolutely! 🌈 Think of your points like seeds you’re planting in a vibrant garden – the more varied the plants (collateral, LP tokens, trades), the richer the harvest. Don’t forget to water them with daily check‑ins and a dash of community engagement; the 100‑point Discord bonus is the sunshine you didn’t know you needed!

  • Fiona Lam
    Posted by Fiona Lam
    15:42 PM 05/29/2025

    Stop whining about gas fees and just bridge that shit already. The snapshot’s coming, and if you’re not in the game you’ll regret it.

  • Holly Harrar
    Posted by Holly Harrar
    00:02 AM 05/30/2025

    Yo, dont forget to grab that Sipper role on Discord – it’s an easy 100 pts boost. Also, make sure you have a lil SONE for gas otherwise you’ll get stuck on the bridge. Keep your health factor comfy and you’ll be good to go!

  • Vijay Kumar
    Posted by Vijay Kumar
    08:22 AM 05/30/2025

    Alright folks, let’s take a deep dive into how you can turn everyday DeFi actions into a hefty SAKE bounty.
    First, think of collateral supply as the foundation of a skyscraper; the taller it gets, the more points you earn, and the more stable your structure.
    If you deposit $10,000 of ETH, you’re looking at about 15 points right off the bat, thanks to the 1.5‑point per $1,000 rate.
    But don’t stop there-mix in some USDC.e or ASTR to diversify the asset weightings and bump that total even further.
    Next up is borrowing; while it only adds a modest 0.02 points per $1,000 per day, the compound effect over weeks can become non‑trivial if you manage risk.
    Maintain a healthy collateral‑to‑borrow ratio, preferably above 150%, to keep the health factor comfortably over 1 and avoid nasty liquidations.
    Now, trade volume on SakePerp is where the real fun starts – each $100 of trade volume nets you about 0.5 points, and high‑frequency traders can easily rack up thousands of points in a single month.
    If you enable the optional market‑making bots, you’ll snag an extra roughly 2 % bonus on that volume, which translates into a nice point bump.
    Liquidity provision on SakeSwap works similarly; every $1,000 of LP tokens you hold awards you 0.5 points per day, and staying in the pool for longer stretches compounds the reward.
    Participate in ILOs that succeed, and you could see a one‑time boost of 500‑1,000 points – think of it as a bonus level in a video game.
    Don’t overlook community tasks: the Layer3 quests and the Discord Sipper role each hand you a flat 100 points, and completing them weekly creates a steady point stream.
    All of these activities feed into the Rewards dashboard, where you can monitor your “Earned Today” and the projected SAKE allocation.
    Remember, the snapshot date is still a mystery, so treat your points as a long‑term investment rather than a sprint.
    Stake any SAKE you eventually receive in the SakeBar to earn a share of protocol fees, which will keep your point balance growing even after the airdrop.
    Finally, keep a small reserve of SONE for gas; without it you’ll be stuck on the bridge and miss out on all those point‑earning opportunities.
    Stay consistent, keep your health factor healthy, and you’ll be well positioned when the snapshot finally rolls around.

  • Edgardo Rodriguez
    Posted by Edgardo Rodriguez
    16:42 PM 05/30/2025

    Contemplating the nature of decentralized reward systems reveals a paradox: the more you contribute, the less you control the distribution, yet the collective benefit expands exponentially; thus, engagement becomes both a personal and communal act.

  • mudassir khan
    Posted by mudassir khan
    18:05 PM 05/30/2025

    Your romanticization of point accumulation ignores the inherent volatility of Soneium assets; a prudent participant must prioritize capital preservation over speculative airdrop fantasies.

  • Bianca Giagante
    Posted by Bianca Giagante
    02:25 AM 05/31/2025

    Let’s keep the conversation constructive-while the airdrop incentives are exciting, it’s equally important to share best practices for risk management so the whole community thrives.

  • Andrew Else
    Posted by Andrew Else
    10:45 AM 05/31/2025

    Oh great, another airdrop that’ll magically solve all our DeFi woes.

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