@aurorablight

In Ethena's Season 3 airdrop, the "loyalty coefficient" likely refers to a 10% boost in reward points for participants from previous seasons. For early sUSDE stakers, this boost applies if they meet vesting conditions, increasing their daily points. Points are calculated based on the amount of sUSDE held, using a multiplier (e.g., 5x for sUSDE in approved applications), with the loyalty boost enhancing this rate. There’s no specific "compound interest weight" in points calculation; it’s a linear accumulation. However, sUSDE’s value grows over time due to compounded yield, benefiting early stakers with higher token value. Airdrop points, though, rely on token quantity, not value, so early stakers gain from both the boost and appreciation.

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