SAKE Airdrop: How to Earn SakePoints on SakePerp and Sake Finance
SakePoints Earnings Calculator
Calculate points from your perpetual trading activity on SakePerp
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Based on current system parameters (1 trade = 5 points, $1,000 ETH deposit = 100 points)
If you're trading perpetual contracts on SakePerp or lending assets on Sake Finance, you might already be earning something valuable without realizing it: SAKE tokens. This isn’t a typical airdrop where you just sign up and wait. It’s a points-based system built around real activity-trading, lending, borrowing, and engaging with the community. And if you’ve been active, you could be sitting on a significant reward when the SAKE token finally launches.
What Is the SAKE Token Ecosystem?
The SAKE token isn’t just another crypto project. It’s the backbone of a full DeFi ecosystem that includes three core platforms: SakePerp (perpetual futures trading), SakeSwap (spot trading and ILOs), and Sake Finance (lending and borrowing). Each platform rewards users differently, but they all feed into one unified points system called SakePoints. These points determine your future SAKE token allocation. No points? No tokens. Simple as that.SakePerp lets you trade perpetual contracts on major assets like BTC/BUSD, ETH/BUSD, and DOGE/BUSD. Unlike other platforms, it doesn’t rely on funding rates. Instead, it uses a vAMM (virtual Automated Market Maker) synced with real-time oracle prices. That means prices stay accurate even during high volatility. Half of all trading fees go toward buying back and burning SAKE tokens, directly increasing value for holders.
SakeSwap handles spot trading and Initial Liquidity Offerings (ILOs). When a new project raises funds through an ILO, successful participants get automatic access to a new trading pair on SakeSwap. Liquidity providers earn 3% of all withdrawal fees-which are used to buy back SAKE tokens. Plus, farming LP tokens gives you extra SAKE rewards even before the official token launch.
Sake Finance is the newest piece. It’s a lending protocol on the Soneium network where you can deposit ETH, WETH, ASTR, or USDC.e as collateral and borrow against it. Every interaction here earns you SakePoints. The more you use it, the more you earn.
How to Earn SakePoints on Sake Finance
To start earning points on Sake Finance, you need to do three things: connect your wallet, supply assets, and borrow. That’s it. But there are smart ways to maximize your points.- Connect your Web3 wallet (MetaMask, WalletConnect, etc.) to the Sake Finance Rewards page.
- Sign the connection request and confirm participation in the airdrop program.
- Bridge assets to the Soneium network using the Rhino Bridge. You’ll need ETH or USDC.e to deposit as collateral.
- Deposit one or more supported assets: ETH, WETH, ASTR, or USDC.e. Each has a different collateral factor. ETH and WETH offer higher multipliers, meaning more points per dollar deposited.
- Borrow against your collateral. Even a small loan boosts your points. Just make sure your Health Factor stays above 1.0 to avoid liquidation.
- Complete Layer3 quests linked to your wallet. These are simple tasks like following SakeFinance on Twitter and joining their Discord to get the "Sipper" role.
Points are calculated in real time. Supplying $1,000 worth of ETH might earn you 100 points. Borrowing $500 might add another 75. The system doesn’t cap your points-there’s no limit to how much you can earn. But timing matters. The earlier you start, the more points you accumulate before the token launch.
Maximizing Your SakePoints
If you want to stack up as many points as possible, don’t just deposit and forget. Here’s how to go beyond the basics:- Use multiple assets. Switch between ETH, USDC.e, and ASTR. Each asset earns slightly different point multipliers based on demand and risk.
- Rebalance your positions. If your Health Factor drops below 1.5, add more collateral. If it’s above 3, consider borrowing more to increase your activity score.
- Participate in SakeSwap ILOs. If a project you’re interested in launches an ILO, contribute. Successful participants get bonus points and early access to the new token’s liquidity pool.
- Provide liquidity on SakeSwap. Deposit tokens into a trading pair (like SAKE/ETH when available) and stake your LP tokens in a farm. You’ll earn SAKE rewards and additional points.
- Engage in the community. Discord and Twitter aren’t just for updates-they’re part of the reward system. Missing the "Sipper" role means missing out on a flat bonus.
There’s no magic formula, but a consistent pattern works: deposit, borrow, trade, farm, engage. Do this every week, and your points will grow steadily. Some users have reported earning over 5,000 points in under two months by following this rhythm.
SakePerp: Trading for Points Too
You don’t need to lend to earn. If you’re already trading perpetual contracts on SakePerp, you’re earning points too. Every trade you make-whether you’re long or short-adds to your total. The system doesn’t track profit or loss. It tracks activity.Traders who make 10+ trades per week consistently rank near the top of the leaderboard. Even small trades count. A $100 trade on ETH/BUSD earns the same point value as a $1,000 trade-it’s based on volume, not size. That’s good news for casual traders.
Plus, SakePerp’s fee structure is designed to benefit SAKE holders. 50% of all trading fees go into a buyback pool. That means as more people trade, the token’s value increases. It’s a self-reinforcing loop: more trading → more buybacks → higher token price → bigger airdrop rewards.
What Happens When SAKE Launches?
The team hasn’t announced a launch date. But here’s what you can expect:- Your SakePoints will be converted into SAKE tokens based on a predetermined ratio (still undisclosed).
- Early participants will get a higher multiplier. The longer you’ve been active, the more tokens you’ll receive per point.
- SAKE will be a governance token. You’ll be able to vote on protocol upgrades, fee structures, and new asset listings.
- There may be a vesting period for large holders, but small to medium earners will likely get full access immediately.
There’s no official estimate on token value yet. But given the volume on SakePerp and the growing TVL on Sake Finance, early participants could see returns of 5x to 10x on their time and effort-especially if they’ve been active since the beginning.
Common Mistakes to Avoid
Many users miss out because they make simple errors:- Not connecting their wallet to the Rewards page. You can trade on SakePerp all day, but if you don’t connect to the rewards portal, you earn zero points.
- Forgetting to join Discord and follow Twitter. These are mandatory for the "Sipper" role bonus.
- Using the wrong network. Sake Finance runs on Soneium. If you deposit ETH from Ethereum mainnet, it won’t count. Always use the Rhino Bridge.
- Letting your Health Factor drop below 1. Liquidation wipes your position-and your points.
- Thinking it’s a one-time thing. This isn’t a snapshot airdrop. It’s a continuous reward system. Stop interacting, and your point growth stops too.
How to Track Your Points
You can check your current SakePoints anytime:- Go to app.sake.finance/rewards.
- Connect your wallet.
- Look at the dashboard. It shows your total points, breakdown by activity (supply, borrow, trade, quests), and your rank compared to others.
The dashboard updates every 15 minutes. No delays. No guesswork. You always know where you stand.
Is This Worth Your Time?
Yes-if you’re already using DeFi. If you’re trading BTC or ETH on Binance or Bybit, you’re already spending time on markets. Why not earn something extra while you do it? SakePerp offers lower fees than most centralized exchanges. Sake Finance gives you yield on your idle assets. And the SAKE token could be your next big DeFi win.This isn’t hype. It’s a well-structured, multi-platform incentive system backed by real trading volume and growing user adoption. The team didn’t just dump a token. They built a system where users earn value through actual use. That’s rare.
Start today. Connect your wallet. Deposit a little ETH. Make one trade. Join Discord. Do the three simple things. Then check back in a week. You’ll be surprised how fast the points add up.
Do I need to buy SAKE tokens to participate in the airdrop?
No. You don’t need to buy SAKE tokens at all. The airdrop is based entirely on your activity across SakePerp, SakeSwap, and Sake Finance. You earn SakePoints by trading, lending, borrowing, and engaging with the community. The tokens are distributed based on those points when the official launch happens.
Can I earn points if I’m not active every day?
Yes. Points are cumulative. Even if you only deposit ETH once and make one trade per week, you’ll still earn. But the more consistently you interact, the faster your points grow. Long-term users often earn 3-5x more than those who dip in and out.
What happens if I withdraw my assets from Sake Finance?
Withdrawing your assets doesn’t erase your points. You keep all the points earned from past activity. However, you stop earning new points once your position is closed. To keep growing your total, maintain active supply or borrowing positions.
Are SakePoints transferable or sellable?
No. SakePoints are non-transferable and tied to your wallet address. They have no value until the SAKE token is officially launched and distributed. You cannot trade, sell, or transfer them outside the ecosystem.
Is Sake Finance safe? What if I get liquidated?
Sake Finance uses a Health Factor system to prevent liquidation. As long as your Health Factor stays above 1.0, your position is safe. The protocol also has insurance funds from trading fee buybacks to cover edge cases. Liquidation only occurs if your collateral drops below the required threshold, and even then, your remaining assets are returned. It’s designed to be safer than many centralized lending platforms.
When will SAKE tokens be distributed?
The team has not announced a launch date. They’ve stated that distribution will happen after sufficient user activity and protocol stability are achieved. Monitor official channels-Twitter and Discord-for updates. Don’t rely on third-party rumors.