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Points and Rewards

16. How points work​

CollaFi can award points for eligible actions completed on the platform. Each action has an administrator-configured points rate, commonly calculated from the principal HBAR involved rather than interest or fees.

Points are awarded to the account that performs the eligible action. For example, lender points for an accepted loan belong to the lender, while repayment points belong to the borrower.

Important rules​

  • Points are tied to one CollaFi account.
  • Points cannot be transferred or traded.
  • Points have no monetary value.
  • Points are not tokens, securities, or financial instruments.
  • Points do not expire solely because time passes.
  • CollaFi can correct, remove, or revoke points associated with errors, abuse, or manipulation.

Portfolio rows can show the number of points earned by the relevant action.

17. Understand the leaderboard​

The account leaderboard ranks accounts by points earned within the selected timeframe. It can also show the HBAR volume associated with the activity.

Available timeframes can include:

  • 24 hours.
  • 7 days.
  • 30 days.
  • 60 days.
  • 90 days.
  • All time.

The default view is All time. The selected timeframe changes the points used for ranking, not the account's stored lifetime balance.

The leaderboard can display a username and profile image when configured, together with the Hedera account ID.

18. Use the Rewards page​

The Rewards page shows:

  • Current points balance.
  • Total points earned and spent.
  • Available NFT rewards.
  • Point cost for each reward.
  • Points history.

Only enabled rewards currently held by the rewards wallet are available for claim.

19. Claim an NFT reward​

  1. Open Rewards.
  2. Select an available NFT.
  3. Review your current points, reward cost, and remaining balance.
  4. Confirm that your wallet is associated with the NFT's token.
  5. Approve the claim.

CollaFi deducts the points and transfers the specific NFT from the rewards wallet. A successful claim appears in points history as one negative entry.

If the account does not have enough points, the claim is rejected before token-association and transfer checks.

Availability​

Rewards are limited inventory. Another user may claim an NFT before your transaction completes. If a claim does not complete, points should not be spent.

20. Why points do not expire​

Points are designed to recognize long-term activity without forcing redemption by a deadline.

  • Older points remain in the account balance.
  • Inactivity alone does not remove points.
  • Users can save toward higher-cost rewards.
  • Time-filtered leaderboard positions can change without changing the stored points balance.

The non-expiry policy does not prevent corrections or enforcement. CollaFi may adjust points obtained through a bug, fraudulent activity, exploitation, or a breach of platform rules.

Note: Reward availability and the points program can be changed, suspended, or discontinued. Points do not create a right to a particular NFT or financial return.