Description
Rumpel is a Point Tokenization Protocol that allows users to earn points, mint them into tokens, and trade them. This provides instant liquidity and allows users to earn real yield from their accrued points, mitigating airdrop uncertainty. Users can also buy point tokens to gain exposure to high-potential projects, accumulate points quickly without principal risk, and speculate on token volatility. A Rumpel Point Token represents an offchain point and its future rewards. If a project announces an airdrop, these tokens can be redeemed for the reward token. The protocol is built by Kenton Prescott and a team with experience from MakerDAO, Aave, SpaceX, and EY.