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Cyfrin / 2024-08-fjord

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How is `FjordPoints` issued or acquired? #5

Open spomaria opened 2 months ago

spomaria commented 2 months ago

Going through the codebase, I understand the following:

  1. that users can stake their FjordToken for some reward.
  2. that users can use FjordPoints to bid for any erc20 token being auctioned

What I don't understand is how a user can get FjordPoints in order to bid for any auctions. I will greatly appreciate more explanations on this please.

Secondly, when a user stakes their FjordToken, in what form or in what token is the staking reward issued? Please clarify on this.