# Welcome to Eonian
## What is Eonian?
Eonian is a decentralized savings account protocol designed to solve issues that prevent cryptocurrency expansion over the traditional finance (TradFi) market. The Decentralized savings account works in a similar way to the savings account in TradFi, but on blockchain and in a more transparent and flexible manner.
The Eonian protocol provides zero-fee insurance from crypto wallet hacks. This allows anyone to hold assets on the blockchain without risks of hacks or losing wallet keys. On top of that, assets that users save in Eonian also generate savings premiums for its owners. This creates a passive income stream for crypto holders and allows them to grow portfolios long-term.
You can read about [Eonian protocol there](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/21/basics/the-eonian-protocol).
## How Is Eonian Used?
Watch a short introduction (3 minutes) from our CEO on how to use Eonian.
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You can use Eonian for a variety of targets. Firstly, you can hold crypto in which you invested long-term in the protocol to decrease the risk of losing access to these assets. This is a much safer option in comparison to Centralized Exchanges (CEX), which can lock accounts or go bankrupt because, with Eonian, you still hold your private key and have full access to your assets. Eonian is also much safer than holding assets in just a hardware wallet because you insure your wallets against hacks and are still able to store them in a hardware wallet.
Secondly, you can use Eonian as a passive investment tool. All assets that you save in Eonian protocol automatically earn a savings premium. The protocol generates revenue by distributing liquidity between different lending protocols. In a similar way, banks generate returns on savings accounts by giving loans to clients. Eonian is the safest investment option in the Decentralized Finance (DeFi) market, as all given loans are always fully collateralized, and all protocols in which liquidity is distributed are insured by Eonian.
Thirdly, you can use Eonian to recover access to your assets if you lose your wallet's private key. This is the most annoying issue in DeFi. [More than $554 billion](https://www.makeuseof.com/how-much-bitcoin-is-lost-forever/) of assets was lost because of this. Eonian provides a simple way to restore access to your wallet assets without exposing your private key to anyone, including Eonian. You can simply link your wallet address with your email. In case you lose your wallet key, you will need to create a new wallet, then prove that you are the owner of the linked email, and easily receive all assets in your new wallet.
You can read more about [Eonian use cases there](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/21/basics/what-can-i-do-with-eonian).
## How Eonian is Different?
Eonian is the first decentralized savings account protocol. There is no similar solution in DeFi or in TradFi. Compared to traditional bank savings accounts, Eonian is different, firstly because it works for cryptocurrencies. But also, Eonian does not have any fees on deposit or withdrawal, nor any time locks or minimum/maximum sum to save. On top of that, Eonian is working fully on the blockchain. As a result, all operations are transparent and trackable. You can see in real time where your assets are, what amount of liquidity Eonian controls, and how much the insurance pool can cover.
The main difference between Eonian, banks, and CEXes is that founders and the development team do not have access to assets stored in the solution. The protocol works in a decentralized way. As a result, the team cannot withdraw all assets in one moment or lock the assets from the owner because of government or law enforcement. And, of course, the protocol cannot unexpectedly go bankrupt like CEXes or banks.
In comparison to the crypto wallet, the Eonian protocol allows saving and restoring access to assets even in case of a hack or losing the private key. But in general, crypto wallets and Eonian are not different things but complementary. You can use Eonian only through your crypto wallet, and all assets that you save with Eonian are still stored in your crypto wallet.
The majority of existing insurance solutions in crypto work in a similar way to TradFi insurance. They hold insurance pool size hidden and outside of the blockchain. With Eonian, you can check the poll size and available liquidity in real-time using blockchain monitoring services, over which the Eonian team does not have any influence. So, you do not need to trust anyone that your assets are in place or that you will get your reimbursement. You can check it yourself.
On top of that, all existing insurance solutions charge high fees, but not Eonian. Even more, we pay an additional savings premium to you on top of assets that you insure with Eonian. This allows you to hold assets in our protocol effortlessly. You do not need to monitor or actively adjust any positions. You can just save your assets, forget about them, and return them when you need them.
The difference between Eonian and other DeFi solutions is that our protocol is developed by a team with rich experience in enterprise software development. The protocol integrates best practices from traditional software fields into the DeFi world, providing an innovative and secure platform for savings and investments.
You can read more about the differences between Eonian and other insurance protocols in [our FAQ](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/21/basics/faqs).
## How to Start?
If you're an investor looking for a safe, secure, and profitable avenue for investing in cryptocurrencies, Eonian could be the ideal platform for you. Join us in our journey as we make strides in the DeFi landscape and redefine what it means to be a yield aggregator.
Welcome to Eonian - Welcome to the future of secure DeFi investing. You can start with Eonian by taking a look at our guide.
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[Get Started](/basics/get-started)
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## Eonian Litepaper
To learn more, take a look at our decentralized savings account litepaper.
{% file src="/files/EMBIE7zGZWLeT6jEuKNI" %}
***
## Ambassador Program
We have an ambassador program where you can become part of the Eonian project and earn rewards with it.
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[Ambassador Program Overview](/ambassador-program/ambassador-program-overview)
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## **Join the Community**
* [Discord](https://discord.gg/8mcUPPYJmj)
* [Twitter](https://twitter.com/EonianFinance)
* [Telegram](https://t.me/+9yTj0kBHbMozMDAy)
* [Medium](https://medium.com/eonian-finance)
* [Github](https://github.com/eonian-core)
## Contacts
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[Marketing Collaboration Contacts](/resources/marketing-collaboration-contacts)
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[Job Opportunities](/resources/job-opportunities)
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# Get Started
Step-by-step guides for beginners, explaining how to start using the Eonian protocol.
To insure your savings, you first need to deposit your crypto into the Eonian protocol and then link your wallet and email. You can only deposit your crypto without linking your email. This way, you will save it in insured storage, which generates interest on your savings.
By linking the email after that, you enable insurance for your wallet. As a result, if someone hacks your wallet, you will be able to recover access to your wallet through email or get reimbursement if a hacker is able to steal your assets.
You can see a short video guide (3 minutes) from our CEO there.
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## Step-by-step guide
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[How to Deposit Crypto](/basics/get-started/start-to-earn-crypto)
{% endcontent-ref %}
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[How to Enable Insurance](/basics/get-started/how-to-enable-insurance)
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[How to Withdraw Crypto](/basics/get-started/withdraw-tokens)
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# How to Deposit Crypto
The step-by-step guide walks you through the process of depositing your tokens in the Eonian protocol to insure it for free and start earning passively.
To insure your savings, you first need to deposit your crypto into the Eonian protocol. This way, you will save it in insured storage, which generates interest on your savings. After completing this guide, you will be able to enable insurance for deposited assets.
## **Go to Eonian**
### Visit [the Eonian protocol](https://eonian.finance/) website.
### Click on "Save"
## **Choose Token**
Choose the cryptocurrency that you have in your wallet.
### Click "Save" on your token card
## **Connect Your Wallet**
Connecting your wallet to the Eonian application is crucial for the process. This connection facilitates the deposit and withdrawal of your tokens.
### Click on "Connect wallet"
### Choose your wallet
Choose the way to connect your wallet in the popup. If you have a wallet extension installed in your browser, it will be displayed in a popup. Simply click on it.
{% hint style="info" %}
If the wallet is not displayed or you use a mobile wallet, click WalletConnect. It provides support for multiple desktop or mobile wallets. For a mobile wallet, you need to scan the QR code displayed on the screen to connect it.
{% endhint %}
### Approve connect
Approve a connect request in your wallet to successfully link your wallet to the dApp.
## **Deposit Tokens**
Now, you're set to deposit your tokens.
### Choose the amount to deposit
Decide on the number of tokens you want to deposit and input this number into the provided field. Or simply click on the percent under the input.
### Click "Save"
After entering the number, click the "Save" button.
### Approve Transactions
You will then need to approve two transactions. The deposit process is split into two parts to ensure its safety.
#### Confirm the Allowance transaction.
#### Confirm the Deposit transaction.
## **Next Steps**
After the successful deposit of your tokens, Eonian takes the lead. Your tokens will strategically lend your assets in various DeFi protocols, yielding returns over time. You can see projected returns on the right chart.
### Enable Insurance
Now, you need to enable wallet insurance by linking your email. As a result, if someone hacks your wallet, you will be able to recover access to your wallet through email or get reimbursement if a hacker is able to steal your assets.
# How to Enable Insurance
To enable insurance for your wallet, you need link your email to your wallet. The step-by-step guide walks you through this process.
To insure your savings, you first need to deposit your crypto into the Eonian protocol and then link your wallet and email. If you have not yet deposited assets, you can do it [through this guide](/basics/get-started/start-to-earn-crypto).
## Open any Eonian Vault
[Open Eonian](https://eonian.finance/earn), choose any Vault and connect your wallet.
## Click on "Link email"
## Input Email
Click on the email input
Input your email and click "Link"
## Sign email linking
Click "Confirm" in your wallet.
## Congratulations
Now, your wallet and assets saved in the protocol are insured. In case someone hacks your wallet or you lose access to your assets, you can write to to start the verification process.
We will guide you through this process via email. After the verification process is finished, your assets will be returned to the new wallet that you prefer.
# How to Withdraw Crypto
The step-by-step guide walks you through the process of withdrawing your tokens from the Eonian protocol.
When you decide to withdraw your tokens, navigate back to the Eonian.
## **Go to Eonian**
### Visit [the Eonian protocol](https://eonian.finance/) website.
### Click on "Save"
## **Choose Token**
Choose the cryptocurrency that you have in your wallet.
### Click "Save" on your token card
## **Connect Your Wallet**
Connecting your wallet to the Eonian application is crucial for the process. This connection facilitates the deposit and withdrawal of your tokens.
### Click on "Connect wallet"
### Choose your wallet
Choose the way to connect your wallet in the popup. If you have a wallet extension installed in your browser, it will be displayed in a popup. Simply click on it.
{% hint style="info" %}
If the wallet is not displayed or you use a mobile wallet, click WalletConnect. It provides support for multiple desktop or mobile wallets. For a mobile wallet, you need to scan the QR code displayed on the screen to connect it.
{% endhint %}
### Approve connect
Approve a connect request in your wallet to successfully link your wallet to the dApp.
## Click on the "Withdraw" tab
## Choose the amount to withdraw
Input the amount of tokens you wish to withdraw or click on percent.
## Click on the "Withdraw" button
## Confirm withdrawal transaction
Click on "Confirm" in your wallet.
## Congratulations
Once the transaction is confirmed and processed, your tokens will be returned to your wallet.
# The Eonian Protocol
### Introduction
Cryptocurrency adoption is surging, but with increased adoption comes increased risk. Cybercriminals stole a staggering $3.8 billion in cryptocurrency in 2022, representing a 15% increase over the previous year, according to a report from [Chainalysis](https://www.chainalysis.com/blog/2022-biggest-year-ever-for-crypto-hacking/). In these assets, the percentage of money received by wallet hacks is on the rise every year. The Eonian Savings Account aims to be the bulwark against such threats, providing zero-fee insurance for your assets with the added perk of returns on your savings.
## The Problem
Crypto wallets, despite being known as one of the safer options for crypto storage, are not immune to hacks. There have been many cases where assets lying dormant in wallets for years were stolen without any interaction from the owner. This is supplemented by [the large-scale hacks involving popular wallets like MetaMask and TrustWallet](https://www.notion.so/Crypto-Wallet-Hacks-List-a9d7e06d75dc4b328f392bfed38ccb4a?pvs=21).
Only in 2022 alone did [crypto hack revenue hit $3.8 billion](https://go.chainalysis.com/2023-crypto-crime-report.html). Almost all of it is coming from DeFi and crypto wallet hacks. But the problem with wallet hacks is actually more critical than with DeFi protocols and contains not in the risk of hacks itself but rather in the response from wallet developers.
Biggest DeFi protocols, when hacked, often attempt to reimburse users by utilizing insurance, loans, bonds, or the project budget itself. Wallet providers, in contrast, frequently eschew responsibility. They usually try to blame users for losing the key and disagree with making any reimbursements.
The grim reality is that, in many wallet hack cases, wallet developers, despite being aware of the situation, have neither taken responsibility nor made amends to return the stolen funds or at least develop proof that they will not be hacked again. This situation underscores a dire need for asset protection.
## The Solution
The Eonian Decentralized Savings Account offers an innovative solution to this pervasive issue. The protocol provides insurance against technical hacks of hot, cold, and hardware wallets. Distinctively, if your assets are maliciously withdrawn or if you lose your private key, Eonian ensures that your funds are returned. At its core, the solution functions via smart contract protocol. Based on similar smart contracts technology, working tokens like USDT and WETH.
You can think of our decentralized savings account as a bank savings account but on the chain. Assets stored there will be used in a similar way as in a bank but fully automated and independent from any human operations through smart contracts. These smart contracts will provide liquidity (in other terms, give “loans”) to different protocols and use revenue from these protocols to fill the insurance pool and pay users’ premiums for holding their assets in the savings account.
The main difference of the savings account protocol protection system is the user email, serving as a 2FA channel. This email allows users to lock or recover access to assets in the unfortunate event of a hack or lost access. Through this email, the user can provide a new wallet address to which we can send reimbursement or transfer money from an old wallet that is no longer accessible.
# Features and Benefits
Eonian Savings Account stands out with its plethora of features
* **Safety First -** Diversification and monitoring are used to drastically decrease the risk of potential hacks.
* **Zero Fees -** Enjoy the luxury of no fees for insurance, deposits, or withdrawals.
* **Simplicity -** There are no registrations or complicated procedures. Simply, as long as you keep your assets in our savings account, you will receive insurance and premiums automatically.
* **Flexibility -** Unwrap your assets anytime without any time locks and limits.
* **Rewards -** Benefit from up to a 10% APY premium on insured assets in the Vaults.
* **Backup Plan -** If you lose access to your wallet, the protocol facilitates fund recovery using your email.
* **Wallet and protocol hack insurance -** In simple words, we return your money when someone steals it from your wallet. That’s as simple as it is. But you can read the [complete list of cases that we cover there](https://www.notion.so/Insurance-Coverage-Policy-b33c682e8d49426f80fee2bd14525edd?pvs=21).
# What Can I Do With Eonian?
Here are some scenarios where users can derive immense value from Eonian
* **Hacked Wallet Recovery -** In case the user's wallet key gets stolen, and all assets are rapidly withdrawn. The user can notify the Eonian team. We will verify the user's identity, lock the assets from hackers during an investigation, and repay the stolen funds to the user at the end.
* **Lost Key Assistance -** If the user misplaces their wallet key, locking their assets. Eonian allows the user to recover access to their funds by liaising through email, ensuring the safe transfer of assets to a new address.
* **Passive Income Generation -** Any trader can use Eonian as a safe vault for their BTC and ETH holdings intended for long-term investments. By merely holding their assets in Eonian's Vaults, the trader enjoys an additional yearly return on static assets that, otherways, cannot be invested anywhere.
# How Eonian Works
## Deposit and Insurance
Our decentralized savings account protocol allows you to save your tokens inside of the Vault smart contract. The Vault, in response, gives you an insured version of your coins, which equals 1-to-1 your original coins. They represent your ownership of assets. You can unwrap them back or send them to another wallet at any moment without any fees or locks from our side.
While you holding these coins, they grow in relation to your original coins. This means that the longer you hold them, the higher the amount you will be able to withdraw. This passive investment opportunity is called a savings premium.
## Revenue Generation
While you hold your assets in Vault, they will be distributed between different lending protocols. These protocols give fully collateralized loans to crypto users. In exchange for these loans, users pay fees, which are then collected by our Vauls. This revenue is distributed back between the insurance pool and our protocol users.
This works as a collective security system. The revenue of total protocol liquidity that our protocol generates allows us to decrease risks and pay reimbursement for each of our protocol users in case of a hack.
## Recovery and Reimbursement
When you will make your first deposit, dApp will ask you to provide an email. It will be used to restore access or confirm your identity in case of a wallet hack. If someone steals your private key or, in another way, steals your assets, you will be able to contact us from this email. We will lock your assets to save them from hackers. When the investigation is finished, you will create a new wallet that you can trust. We will transfer your existing assets and make reimbursements for what is lost.
You can read more info about [the claim process here](https://www.notion.so/Insurance-Coverage-Policy-b33c682e8d49426f80fee2bd14525edd?pvs=21).
# The Insurance Pool
Our protocol maintains an insurance pool from which we can pay users’ compensation in case of a hack. This insurance pool is bootstrapped from protocol founders’ money, showcasing our trust in the solution's safety. Insurance from this pool is paid from the revenue of the protocol, not by users directly.
The revenue mainly comes from the investment of assets, which is covered by insurance. At this stage, the protocol works as a traditional yield aggregator. Assets invested in different lending protocols and DEXes, where they earn returns from fees of these protocols. Nevertheless, our protocol works a little bit differently from other yield aggregators. While they prioritize returns on investment, our protocol invests in a way that decreases the risk of investment. It distributes assets between multiple protocols, which decreases the risk of losing all assets in case of a one-protocol hack.
Our protocol and protocols in which we invest are also covered by insurance, which results in much lower investment risks.
To maintain the stability of the pool size, we have in place three strategies:
* We can dynamically adjust the amount of premium that we pay to users. This increases the amount of profits that go directly to the insurance pool.
* We can dynamically decrease the coverage percentage size to influence the demand in our savings account. As a result, it will decrease the new liquidity flow and give the protocol time to grow the insurance pool size until it is able to cover more money.
* In the future, we will also provide liquidity providers the ability to invest directly in the insurance pool. They will be able to earn high APY as a reward for covering the risks for regular holders.
# Savings Premium
The majority of revenue generated from investment protocols is used to pay and fill the insurance pool, but when the insurance pool is bigger than the need to cover users’ assets, the revenue is redistributed back to users as a savings premium. This allows users to not only save their assets but also grow them while they are holding them.
This savings premium is dynamically adjusted based on the amount of liquidity in the Vault, the insurance pool, and the market risk situation.
{% hint style="info" %}
Our early-access users and beta testers get a higher premium as a reward for their involvement.
{% endhint %}
# Assets Recovery
One integral part of any wallet is the private key. But there exists a hard problem where to save it. If the key is stored only locally on the device, it guarantees increased security and a lower risk of hack. But if the device is lost, access is lost with it. On the other hand, it is possible to save a key on the server or encrypt and store it on another chain. Some wallets even provide this solution directly. But all of them introduce the risk of private keys being stolen on the server or unencrypted on the chain. And give access to some middleman who can accidentally lose or use this key.
We allow the user to store their key locally on the device. But in case the user loses the device, he is still able to recover access to assets in our protocol by creating a new wallet and then contacting us through the receiver's email. This email works as a 2FA channel, which will be used to target us on which wallet we must move user assets to give access back to these assets.
In the future, we will introduce additional channels, like messengers and phones, to make this recovery process even more convenient. But even one email paired with a wallet can provide a higher level of safety and reliability than a hardware wallet.
# Guides
Useful in-depth guides how to use Eonian
# Recovering Assets After a Wallet Hack
At Eonian, we prioritize your security and peace of mind. If your wallet is compromised, we've streamlined a process to help you recover your assets. Follow these steps carefully to speed up the recovery process.
## Immediate Reporting
As soon as you detect unauthorized activity or believe your wallet has been hacked, report the incident immediately.
### How to Report
Send an email to from the email address that you linked to your wallet during the deposit process. In your report, include the following:
* **Your Wallet Address -** The address of the compromised wallet.
* **New Wallet Address -** The address of the new wallet that you trust and to which we can transfer your assets.
* **Incident Details -**A brief description of what happened, including the time and nature of the breach.
* **Additional Information -** Any relevant wallet logs or screenshots that can assist in the investigation.
Reporting as soon as possible increases the likelihood of recovering your assets. The quicker we receive your report, the faster we can react and lock your savings account from the compromised wallet.
## Loss Prevention Measures
Once you've reported the hack, we will take immediate steps to secure your remaining assets.
If your assets are still present in the compromised wallet, we will lock them to prevent any further unauthorized transactions. This lock will remain in place throughout the investigation.
## Submit Required Evidence
Depending on the specifics of the hack, we may request further documentation or evidence. We may need to perform KYC to verify that the email is still linked to the real owner of the assets. Gather anything that you are able to and submit the necessary documentation to support the investigation.
The more evidence you can provide, the faster it will be for us to validate your claim.
## Assets Transfer
If all your assets are in a savings account and no reimbursement is needed, we follow the simplified process to speed up the investigation. Usually, we will just approve the transfer with some delay to be sure that the real owner of the assets has enough time to alert us in case of an email hack.
Assets will stay in place in your savings account as long as they need to, and we cannot transfer these assets without the owner's asking.
The next steps apply only if you need reimbursement for stolen assets.
## **Investigation Phase**
If you reported that your wallet was hacked after a hacker used it to withdraw assets from your savings account, we will perform an investigation process of claim to pay reimbursement for hacked assets. We may ask for additional information at this stage.
After submitting your claim and evidence, our team will begin a thorough investigation. Our investigation and security team will perform:
* **Evidence Review -** We examine the details you’ve provided to verify the legitimacy of the hack.
* **Involvement of Experts -** If necessary, we may collaborate with blockchain detectives or community members to investigate the breach.
* **Community Participation -** In complex cases, we may involve our DAO for voting on the case. Participants in the voting process could receive rewards from the reimbursement pool.
The investigation’s duration depends on the complexity of the case and the quality of evidence provided. We aim to conduct a thorough yet efficient review to reach a fair decision.
## Reimbursement Claim Approval
Based on the result of the investigation, we will either approve or move the vote for the final decision to our DAO community.
* Approval - If the evidence strongly supports that the hack was genuine and not linked to user error or misuse, we will approve your claim reimbursement.
* Denial - If, in ambiguous situations, we find that the hack is linked to the user or if there’s insufficient evidence to support the claim and the community votes against approval, the claim may be denied.
## Payment of Recovered Assets
Upon claim approval, we will initiate the transfer of the recovered assets to your specified wallet.
* **Payout Timeline -** The payment process time varies based on the size of the claim. Larger claims may take longer due to additional verification steps.
* **Final Step -** You will receive your recovered assets in the wallet address provided. We recommend double-checking the wallet address before finalizing the claim to ensure accuracy.
***
By following these steps, you speed up the process of recovering assets after a hack. Remember, quick action and thorough details are key to a successful claim. We’re here to assist you through every step of the process to ensure the security of your assets. If you have any questions or need further assistance, don’t hesitate to reach out to us at .
# FAQs
### **How Do Protocols Work?**
Protocols function as smart contracts, programs that operate on a blockchain. Tokens like USDT and WETH also work as smart contracts.
### **What is the difference between CEX and protocol?**
Protocols operate in a decentralized manner. Even if the protocol team is not available, the users will still be able to continue working with the protocol without any issues. Also, usually, the development team does not have access to users’ assets, and it can only make updates to the protocol. Meanwhile, in CEXes, all money is in full control of the company, and they can lock users at any moment or go bankrupt.
### **Why is Eonian safer than wallets?**
Eonian provides insurance to return user money, while wallets do not return money if it is stolen.
### **What if Eonian's investment protocols get hacked?**
Eonian's rigorous audit and monitoring system minimizes this risk. But if such happens, we have an insurance pool from which we will be able to pay money back.
### How does Eonian's insurance against wallet hacks work?
The savings account protocol provides insurance against technical hacks of hot, cold, and hardware wallets. Distinctively, if your assets are maliciously withdrawn or if you lose your private key, Eonian ensures that your funds are returned.
An integral component of the protection system is the user's email, serving as a 2FA channel. It aids in direct communication and swift asset recovery in the unfortunate event of a hack or lost access. Through this email, the user can provide a new wallet address to which we can send reimbursement or transfer money from a wallet that is no longer accessible.
You can think of our decentralized savings account as a bank savings account but on the chain. Assets stored there will be used in a similar way as in a bank but fully automated and independent from any human operations through smart contracts. These smart contracts will invest (in other terms, give “loans”) to different protocols and use revenue from these protocols to fill the insurance pool and pay users’ premiums for holding their assets in the savings account.
The short overview of the process of getting insurance payment works this way:
* The user deposits tokens that he wants to save in our Vault using his wallet and links his email, which will be used for recovery. At this point, all deposited assets are automatically covered.
* Our Vault invests tokens in different lending protocols to earn fees from them. These fees are used to fill the insurance pool, and some parts are shared with a user account.
* When the user noticed that his wallet was hacked, he contacted us using his email to start the recovery process. If assets have not yet been withdrawn by hackers from Vault, we lock them to send them later, when the user will create a new wallet.
* If assets were withdrawn, we start the investigation process. Big wallet hacks, which start to be more common, are easy to identify, so we will be able to pay reimbursement very fast.
* In rare cases, when it is hard to understand the reason for the hack, we can start the dispute process, which will result in voting by our DAO. This DAO includes the same users that hold assets in Eonian, so they are most interested in correct results. You can read more [there](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/21/protocol/governance-trust-and-dao/dispute-process).
* After that, we pay reimbursement from our insurance pool to a new wallet, which the user will create and provide as an email.
You can get more info about covered cases in [our insurance coverage policy](https://leovs09.notion.site/Insurance-Coverage-Policy-b33c682e8d49426f80fee2bd14525edd#5732d510b435492386ff16a52f5824b5:~:text=for%20substantial%20amounts.-,CLAIM%20PROCESS,-Report%20the%20Incident).
You can read more about protocol work there.
{% content-ref url="/pages/wIlnuE07ABDG0eIgRgYF" %}
[How Eonian Works](/basics/how-eonian-works)
{% endcontent-ref %}
### How does insurance compare to existing solutions in the market?
Despite the fact that crypto wallet and DeFi hacks are growing significantly each year, there are still not many insurance protocols in crypto. Also, all of them currently have one common flaw: they are all centralized. So, if you currently want to decrease risks while investing in crypto, you need to be ready to trust some central entity, which is usually the main thing that people want to avoid when going to crypto. This already sounds silly.
On top of that, all of them require paying some fee, in percent of your invested assets. The insurance solutions in crypto are split into two categories:
* The first category is insurance for tokens invested in some DeFi protocols. After he provides liquidity to some protocol like Uniswap or Compound, the user needs to deposit his liquidity tokens to the insurance protocol. This protocol, in the best case, takes some percent of profit, or, in the worst case, some percent of total assets. It is not only complex but requires you to trust some company whose insurance pool size you cannot see.
* The second category provides insurance to wallets directly. There is usually no possibility of staying anonymous or making it autonomous. All known companies in this area operate fully off-chain. So, their fee, insurance pool size, and success coverage cases are unknown.
We are different from all of them, firstly because our protocol is decentralized and transparent. You can check the insurance pool size and total covered liquidity directly on the blockchain at any moment. On top of that, you can vote for coverage cases and control how protocol evolves through DAO. There is currently no one, who has been able to develop a decentralized insurance protocol.
Secondly, our protocol covers both sides of the equation: the wallet and DeFi protocols together. We cover wallets from profits that generate DeFi protocols in which our Vaults invest. Additionally, we cover these DeFi protocols with insurance. So even if they are hacked, you still do not lose money. This way, we can monitor and audit protocols independently, and, as a result, diversify investment between them in the most secure way, in real-time.
Thirdly, we do not take any fees from users’ money. Deposit, withdraw, or assets that you hold do not encounter any fees. So you can just save and forget about money till the moment when they need you. On top of that, we pay a premium on money that the user saves in protocol, so you can even earn passively with us.
[More info on hacks amount](https://www.chainalysis.com/blog/2022-biggest-year-ever-for-crypto-hacking/)
### How is Eonian's insurance pool funded?
This insurance pool is bootstrapped from protocol founders’ money, showcasing our trust in the solution's safety. In the future, any liquidity provider will be able to invest in it to receive returns from insurance fees. Insurance from this pool is paid from the revenue of the protocol, not by users directly.
The revenue mainly comes from the investment of assets, which is covered by insurance. At this stage, the protocol works as a traditional yield aggregator. Assets invested in different lending protocols and DEXes, where they earn returns from fees of these protocols. Nevertheless, our protocol works a little bit differently from other yield aggregators. While they prioritize returns on investment, our protocol invests in a way that decreases the risk of investment. It distributes assets between multiple protocols, which decreases the risk of losing all assets in case of a one-protocol hack.
Our protocol and protocols in which we invest are also covered by insurance, which results in much lower investment risks.
The majority of revenue generated from investment protocols is used to pay and fill the insurance pool, but when the insurance pool is bigger than the need to cover users’ assets, the revenue is redistributed back to users as a premium. This allows users to not only save their assets but also grow them while they are holding them.
### What measures ensure insurance pool sustainability?
Our insurance pool model generally works similarly to traditional banks. They earn money from giving loans and pay from profits in case of losses or other issues. So, even on a high level, you can see that it is a very sustainable model. But crypto still has some differences.
At the current moment, the amount of wallet hacks is between 0.2-2% per year, and with our diversification of investments between protocols, we can expect between 0.5-2% of TVL loss because of DeFi hacks. Also, on average, yield aggregators generate around 5% APY. Our investment strategies historically generate from 5% to 15% APY.
These numbers show that after all covers, we can expect that the insurance pool will grow from -14% to 92% per year. So, even in the case of abnormal growth in hacks during the year and low APY on the DeFi market, we will be able to pay users money. But to maintain the stability of the pool size, we have in place three strategies:
* We can adjust the amount of premium that we pay to users dynamically, to increase the amount of profits that go directly to the insurance pool.
* We can dynamically decrease the coverage percent size, to make for people less interested in saving money in Vaults. As a result, it will decrease the new liquidity flow and give the protocol time to grow the insurance pool size until it is able to cover new money.
* In the future, we will also provide liquidity providers the ability to invest directly in the insurance pool. They will be able to earn high APY as a reward for covering the risks for regular holders.
You can read more about the economic model behind the insurance pool there.
{% content-ref url="/pages/XY8j3uzYgfbehCVJB8xP" %}
[Economic Model](/protocol/economic-model)
{% endcontent-ref %}
### What does "Eonian" mean?
In a direct sense, Eonian means continuing forever or indefinitely. The eonian word refers to a geological eon (longer than an era).
We have chosen that name because we want to create a truly reliable solution. Protocol that will stand the test of time—one that is truly Eonian.
# Governance & DAO
We recognize the importance of trust and proper governance in any decentralized solution. We developed a long-term plan to transition the governance of the protocol to the users and community of the protocol. This DAO model will operate on the basis of the project’s token, which will be distributed across users, the community, investors, and the development team. This token main utility is to provide voting rights in the insurance claim dispute process and protocol changes voting.
In complex cases where the nature of the hack is ambiguous, this dispute process will include voting and investigation from the community and other protocol users. This way of governance will ensure transparency and fairness in each dispute since all participants are interested in producing the fairest result. There are the main sides of the decision process:
* Users - they are interested in making honest decisions, as on one side, they can be in the same situation next time. On the other hand, each payment can decrease the insurance pool size, which balances the amount of payments that users can accept.
* Investors, the team, and the community - all of them will have a vesting period for their tokens after payments. This forces them to accept only fair dispute results, as each of them can directly influence token price and, as a result, their own capital.
We plan to release the project token and develop DAO after the release of the protocol. Until this moment, we will gradually develop and release different features that increase the safety and decentralization of the protocol.
* At the release stage, the protocol will operate via a multisig wallet, requiring the majority of the founders’ approval for any transactions for protocol updates or reimbursements.
* Additionally, we will set a timelock contract on all transactions for reimbursements for 7 days. These transactions will automatically be posted in our Discord channel, where you can subscribe to receive notifications. This way allows you to be sure that the development team cannot at one moment take all the money from the protocol. About any payments, you will know in advance and have 7 days to withdraw all money from protocol.
# Dispute Process
In case of an unclear insurance claim, the user will be able to initiate a dispute process. During the dispute process, the team will try to collect evidence for one or another resolution. We already have contacts with firms that investigate hacks in DeFi. We can involve them in large and complex cases. They are usually able to trace any money movement on the chain and have contacts with local police offices in place. This way allows us to trace the majority of hacks and get evidence for resolution.
Traditional insurance companies usually have on-site detectives who investigate complex cases for them. In our situation, we plan to build a community of detectives who will work on investigations of different cases on the chain. They will receive a reward for finding any evidence for unclear cases. This way will allow us to ensure trust and safety for all sides while increasing the speed and effectiveness of the dispute process.
At the current moment, disputes are resolved by the team. Voting for dispute resolution is made through a multisig wallet and requires a majority of founders’ approval. In the future, this process will include DAO voting, mainly represented by protocol users and investors, which allows for a decrease in conflict of interest and guarantees honest voting. All participants of the voting will receive a reward, no matter the result of the process. This way, we can increase participation and, as a result, a more fair voting process.
You can read more info about [the insurance claim process here](https://www.notion.so/Insurance-Coverage-Policy-b33c682e8d49426f80fee2bd14525edd?pvs=21).
# Founders
The Eonian team founders are a synergistic blend of experience and expertise
### **Vladislav Goncharov / CEO**
Team lead and solution architect with more than 8 years in the software industry. Worked on big data, machine learning, fraud prevention, and financial systems.
[LinkedIn ](https://www.linkedin.com/in/vladislav-goncharov-leo/)| [Twitter](https://twitter.com/LeoVS09)
### **Sergey Soloview / CTO**
A full-stack engineer with more than 10 years in the software industry. He worked as an ML/Data Science researcher and mobile/web developer.
[LinkedIn ](https://www.linkedin.com/in/sergey-solovyev-0a9783183/)| [Twitter](https://twitter.com/solovyev_sm)
### **Artem Bukharin / CPO**
His credentials include 3 years in entrepreneurship and marketing, alongside 4 years as a Senior Product Manager in a startup studio.
[LinkedIn](https://www.linkedin.com/in/artem-buharin-91780bab)
# Yield Aggregator
At the core of Eonian is based on yield aggregator protocol. There, you can take a deeper look at how yield aggregators work.
A yield aggregator is a DeFi protocol that automates the process of earning yield on deposited funds. It aims to maximize the yield that users can earn from various DeFi platforms by automatically allocating deposited funds into the most profitable protocols. Here is how Eonian, as a yield aggregator, plays a pivotal role in streamlining the DeFi investment process:
## **Yield Optimization**
Eonian's yield aggregator Vaults is specifically designed to optimize your returns. We automatically search, audit, and distribute your investments towards various DeFi protocols, ensuring your tokens are put to work in the most rewarding and secure environments. The key idea is to deliver the highest possible APY for your investments with minimal risk exposure.
You can read more about the base logic of yield aggregators [there](https://blog.eonian.finance/how-defi-works-understanding-the-protocol-life-curve-df90342ac4c9).
## **Automated Strategy**
Automation is at the core of our yield aggregator. Eonian continuously monitors market conditions and adjusts the distribution of tokens among protocols accordingly. This eliminates the need for manual intervention and ensures that your tokens are always earning the most they can.
## **Security-Centric Approach**
We recognize the importance of security in DeFi investments. Every protocol we invest in undergoes an independent audit performed by our in-house team, further enhancing the security of your investments.
You can read more about security there.
{% content-ref url="/pages/QTcBY5UzpcW0m0MDjZz7" %}
[Security Overview](/security/security-overview)
{% endcontent-ref %}
## 🛠️ **Transparency and Control**
{% hint style="info" %}
In development
{% endhint %}
Eonian is built on the principles of transparency and control. As a user, you will have complete visibility and control over your investments. In the future, our intuitive user interface and detailed analytics will provide you with real-time insights into your portfolio and the performance of different protocols.
## 🛠️ **Access to DeFi Opportunities**
{% hint style="info" %}
In development
{% endhint %}
As a yield aggregator, Eonian wants to offer you exposure to a broad range of DeFi protocols. This not only will help diversify your investment but also opens up opportunities that you might not have access to as an individual investor.
***
Eonian's yield aggregator is designed to make your DeFi experience smoother and more profitable. Whether you're new to the DeFi space or a seasoned investor, Eonian provides a secure and efficient platform to optimize your returns. Enjoy the future of DeFi investing with Eonian.
# Roadmap
Eonian has a long-term vision to eradicate existing problems and risks in the DeFi space, aiming to construct a new financial system on top of it. This means we don't plan to stop at creating just one protocol; we intend to build an ecosystem of solutions. We will start with a secure investment management tool in the form of a yield aggregator. Next, we'll launch a decentralized insurance protocol to protect your assets not only within our ecosystem but also from vulnerabilities in other protocols and wallets. Once we've ensured the safety of your assets, we will develop a Smart Contract Wallet designed to simplify your interaction with DeFi platforms. This wallet will be fully decentralized and non-custodial, and it will leverage our existing yield aggregator to earn passive income on your holdings.
While this overarching vision serves as our guiding star, we understand that any organization can only survive if it addresses immediate challenges and solves real-world problems. To prioritize the most pressing issues, we are building a DAO (Decentralized Autonomous Organization) that empowers community members to propose and vote on changes to our roadmap. Anyone participating in the governance of our protocol will be duly rewarded. As our DAO grows, we believe it should share the fruits of its labor with its members. One of the DAO's main features will be dividend distribution, which is a mechanism to share a portion of the protocol's revenue with DAO token holders.
You can see [there are finished steps and future plans](https://eonian.finance/#our-roadmap).
We are currently at the alpha test stage. You can read more about it there.
{% content-ref url="/pages/0KcnSfsDjwKBfY2Huo1x" %}
[Alpha Test](/protocol/roadmap/alpha-test)
{% endcontent-ref %}
Our next step is a closed beta test.
{% content-ref url="/pages/0PgoMCOj3pHBj35PvDXL" %}
[Closed Beta Test](/protocol/roadmap/closed-beta-test)
{% endcontent-ref %}
# Alpha Test
🗓️ Started at July 3, 2023
During the closed alpha test, we aim to identify critical bugs and potential issues in our protocol. Want to help? Join the waitlist by [filling out the form on our landing](https://eonian.finance/) and enjoy exclusive rewards 🎁 for your assistance!
## **What we have**
Initially, our protocol feature an automated investment strategy for a single stablecoin with regular APY. While our goal is to offer higher yields quickly, we prioritize careful development. The initial strategy poses minimal risks, cannot cause liquidation, and is based on the [**ApeSwap Lending protocol**](https://lending.apeswap.finance/). Our independent audit of ApeSwap Lending is available [**here**](https://www.notion.so/ApeSwap-Lending-Audit-Report-2c499edcbf0b432dbd94424268cf3a88?pvs=21). After the ApeSwap team resolved a [**critical issue**](https://www.notion.so/ApeSwap-Lending-Audit-Report-2c499edcbf0b432dbd94424268cf3a88?pvs=21) we discovered, we are confident in the protocol's security.
## Alpha Testers Benefits
After [**joining the waitlist**](https://rhetor.ai/EJF0BYU7), we'll notify you when the alpha test begins. We will give access to the alpha test only first 100 applicants. All alpha testers who deposit any amount into our Vaults enjoy great perks:
* 📉 Lower protocol fees - 15% during the alpha test (compared to 20% after full launch), so you keep 85% of the profit generated by investment strategies!
* 💰 Retrodrop - Receive our DAO token upon release, enabling you to participate in DAO governance and earn passive income. We'll share more details and tokenomics closer to the token release.
* 🏆 Vault Founders Tokens - Earn passive income forever with these unique, non-transferable tokens. Vault Founders token is a specific achievement, given to people who were one of the first who deposited a significant amount of tokens in Vault. In reward for the founders’ early help, Vault pays them 1% of the total profit, which Vault investment strategies generate.
## **Vault Founders Tokens Explained**
Vault Founders Tokens are soulbound tokens that grant you lifetime passive income. Soublound means these tokens a “bound” to the address that receives them and cannot be transferred. Here's the breakdown:
* Deposit tokens, for example USDT, into the protocol and receive a corresponding Vault Founder token, permanently assigned to your wallet. In our example, it will be the USDT Vault Founders token.
* To obtain a token, deposit more than the previous Vault Founder. Each subsequent token requires a 20% larger deposit. For example, if the last Founder deposited 1000 ETH in the ETH Vault, the next Founder must deposit 1200 ETH.
* Alpha testers will be among the first who deposit tokens in the protocol, which gives them an advantage in obtaining tokens at a lower price.
* Vault Founders receive 1% of the Vault's total profit forever. For example, if BTC Vault generates 10 000 BTC per year, BTC Vault Founders will receive a total of 100 BTC per year.
* Each Vault has its own Founders list (BTC, ETH, USDT, etc.) with a maximum of 100 Founders.
* It does not require for Founder to keep depositing crypto in Vault. It means that you can withdraw them anytime.
## During Alpha Test
> Planned until at least Q4 2023.
We will gradually release the following:
* 🚀 More advanced and profitable investment strategies.
* 🌐 New protocols for profit-generating strategies.
* 💱 Additionally, supported investment tokens.
We'll test strategies with our own tokens first and then release them to alpha testers once they're deemed safe. For us important to keep your funds secure.
When we will roll out all major strategies and will have enough stable and high APY, we will transition to the closed beta stage.
## **Expectations from Alpha Testers**
As the core of our protocol is to eliminate waste of time during investments, it is exactly what we want to test. We don't require much from alpha testers - simply deposit tokens, wait for rewards to accumulate, and withdraw when desired. If you encounter any issues or have suggestions for improvement, let us know in our [Discord](https://discord.gg/8mcUPPYJmj). We'll reward those who find real problems or offer valuable feedback. 🏅
💰 As an alpha tester, you should witness your balance grow as we roll out more profitable strategies. Just deposit, relax, and watch your investments grow! 🌱
***
You can join the waitlist by [**filling out this form**](https://tally.so/r/wvMzJv)**.**
# Closed Beta Test
🗓️ Launched in Q1 2024
We developed a whitepaper and a new version of the protocol. We launched the first decentralized savings account protocol after successfully testing our core solution, the yield aggregator protocol. The core was tested significantly during the alpha test and is now fully covered by our insurance.
## During the Closed Beta Test
The closed beta test will last approximately 2-3 months. During this time, we'll introduce major security solutions to address potential issues and vulnerabilities that might arise in the future. For instance, we'll implement a system to prevent liquidations during investment strategy operations.
After the protocol is safe enough to handle a large amount of value, we will transition to a public beta test.
## Beta Tester Benefits
To join the beta, you'll need to fill out a form that we'll release later. All beta testers will receive similar benefits to **alpha testers**, except for a smaller token allocation during the retrodrop and increased competition for Vault Founders Tokens. Here's a list of benefits:
* 📉 Lower protocol fees - 15% during the beta test (compared to 20% after launch), so you keep 85% of the profit generated by investment strategies!
* 💰 Retrodrop - Receive our DAO token upon release, enabling you to participate in DAO governance and earn passive income. We'll share more details and tokenomics closer to the token release.
* 🏆 Vault Founders Tokens - Earn passive income forever with these unique, non-transferable tokens. Vault Founders token is a specific achievement given to people who were one of the first who deposited a significant amount of tokens in Vault. In reward for the founders’ early help, Vault pays them 1% of the total profit, which Vault investment strategies generate. You can read more about Vault Founders Tokens **here**.
## Beta Tester Limits
We'll grant access to the closed beta test for 200 people. Since 100 alpha testers will automatically transition to the beta test, only 100 additional spots will be available.
## **Expectations from Beta Testers**
While all major issues will be closed during the alpha test, and many advanced strategies will generate rewards for them for some time. We want to test how stable these rewards generate and improve the safety of their workflow.
We expect beta testers to report any issues, bugs, or usability problems that hinder depositing or withdrawing investments, such as missing information or unclear deposit workflows. You can share your feedback in our [**Discord**](https://discord.gg/8mcUPPYJmj). We'll reward those who find real problems or offer valuable suggestions. 🏅
# Public Beta Test
🗓️ Launched in August 26 2024
After addressing major vulnerabilities and achieving stable APY during the previous development phases, we have reached a security level that surpasses all prominent yield aggregators and wallets, preparing our protocol to handle a larger amount of value. 🚀 On top of that, we launched our own insurance pool to insure users' savings, Eonian protocol, and investment protocols.
## **During the Public Beta Test**
Throughout the public beta test, we will focus on expanding our offerings and enhancing the user experience:
1. 📈 **Adding investment protocols and strategies -** We will integrate additional investment protocols and strategies to provide users with more diversified and optimized opportunities for earning rewards.
2. 🔒 **Undergoing additional audits and strengthening safety systems -** To ensure the highest level of security, we will subject our protocol to rigorous audits by reputable firms and make any necessary enhancements to our safety systems.
3. 🖥️ **Enhancing the dApp interface and functionality -** Our development team will work tirelessly to improve the overall quality and functionality of our dApp, aiming to provide an intuitive, seamless, and satisfying user experience that meets the high standards set by our DAO.
This stage is expected to last between 2 to 4 months. 💰 During this period, users can safely invest and earn rewards without any limitations.
## **Transitioning to the v1 Release**
Upon completing major upgrades and improvements, we will deploy **the v1 Release**. Ideally, this transition will be smooth and unnoticeable for users. However, there may be instances where significant features require deploying a new version of the protocol. In such cases, the old version will remain accessible, but users will need to transfer their funds to the new version to utilize the new features. As only users have access to their funds, we cannot perform this transfer on their behalf.
## **Community Involvement and Feedback**
During the public beta test, we encourage our community to actively participate by providing feedback, reporting bugs, and suggesting improvements. 🗣️ By doing so, you will play a crucial role in shaping the final version of our protocol, ensuring it meets the needs and expectations of all users. We may even offer incentives and rewards for valuable contributions that help improve the protocol. 🏅
Your insights and suggestions can be shared on our [**Discord**](https://discord.gg/8mcUPPYJmj) or other community channels. Together, we can build a robust, secure, and high-performing yield aggregator that sets new standards in the industry. 🌟
# Release v1
🗓️ Launch in Q1 2025
During previous stages, we aim to establish an exceptional level of safety and security in the industry. As we approach Release v1, we will expand the number of strategies, tokens, and investment protocols, positioning our platform as a leader in the crypto space. 🌐
## **What to expect?**
The v1 Release will bring an array of new features and enhancements, which can be broadly classified into two major categories:
1. 🔐 **Security measures -** While safety always has room for improvement, some security systems require substantial development time. For the first major release, we have prepared sophisticated and hard-to-develop solutions that will set a new benchmark in the industry. This includes multi-signature wallets, time-locked contracts, and additional monitoring tools to ensure the utmost protection of our users' assets.
2. 💹 **Increased and stable APY -** Our goal is to offer a consistent 10% APY or higher for stablecoins and 4% APY for BTC/ETH. However, we understand that no single protocol can constantly generate these numbers. To achieve this, we will build our protocol on top of multiple other protocols, simultaneously refining and optimizing our strategies. This approach will enable us to provide diversified, high-performing, and stable investment options to our users.
## **Collaboration with external partners**
To ensure the success of the v1 Release, we will actively collaborate with external partners, including other DeFi projects, yield farming platforms, and industry experts. 🤝 This collaboration will enable us to leverage their expertise and insights, helping us fine-tune our strategies and expand our offerings. Our goal is to create a comprehensive and robust ecosystem that benefits all participants.
## **Education and community engagement**
As we move closer to the v1 Release, we will strengthen our focus on education and community engagement. 🎓 This includes creating educational content, hosting webinars, and offering tutorials to help users understand our platform, strategies, and the broader DeFi ecosystem. By empowering our users with knowledge and fostering a strong community, we aim to create a loyal and dedicated user base that actively contributes to the platform's success.
## **Roadmap and future plans**
The v1 Release marks a significant milestone for our project, but our journey doesn't end here. We will continue to innovate and enhance our platform, staying ahead of the ever-evolving DeFi landscape. 🚀 Our roadmap includes plans for integrating with additional blockchains, exploring new DeFi niches, and collaborating with traditional financial institutions to bridge the gap between traditional and decentralized finance.
By the time of the v1 Release, we aim to achieve one of the highest APYs on the blockchain, and we will relentlessly work to improve and maintain this position. Together, let's build the future of decentralized finance! 💡
# Economic Model
The full model will be described later in the whitepaper, but there is shown a high-level overview of the protocol economic model.
The overall economic model is quite simple. We replicated a traditional bank's business model while adjusting it for the crypto market. To make it work on a chain, we combined the insurance business model with the BDS (Business Development Companies) investment process. In simple words, we give protocols (businesses in traditional terms) loans while maintaining overall assets health through insurance and paying users percentage from these loans as a premium. In a similar way, working savings accounts in traditional banks. With only a few exceptions:
* Banks work not only with businesses but also give loans to regular clients. While on a chain all users are mainly anonymous, client loans can be represented only through collateral lending. This solution is already pretty well implemented by many old protocols like Compound and Aave. There is no reason to replicate it. Instead, we are building on top of them and providing liquidity to such protocols.
* Banks’ liquidity flow and overall health state are unclear at any moment, but on-chain, we can trace the protocol's whole liquidity at any moment. This makes our solution even more transparent and safer than traditional banks, by definition.
* A most important difference with banks is that for the majority of protocols, we can withdraw tokens at any moment. This not only allows the implementation of safer solutions but also requires changes in risk management in comparison to traditional banks. They usually take a long time to investigate the client before giving him a loan. We, on the other hand, must make such an analysis not only initially but also in each block (almost each second). The model requires monitoring of all investment protocols and redistribution of liquidity as often as possible to increase returns and decrease risks.
# Risks and Revenue Analysis
There, we will take a look at the most simplified risk model version. It does not cover all risks but is close enough to a real model to form result expectations.
On the one hand, we provide insurance for multiple people and support many different types of wallets. The chances that all wallets of all people will be hacked are very low. At the same time, the chance that at least one will be hacked is relatively high. It means that at any moment, we need to have an insurance pool that fully covers the average wallet hack amount for all of our users.
There are currently not many statistics directed to wallet hacks on average due to the complexity of differentiating wallet hacks from key losses. But we can base the average amounts on top of the last 5 years of transaction volume received by wallet hacks in relation to the whole transaction volume from illegal actions. According to [Chainalisis](https://www.chainalysis.com/blog/2022-biggest-year-ever-for-crypto-hacking/), it is around 0.2 - 2%.
In such cases, we can expect, on average yearly 2% of wallets will be hacked. For 1000 users, it gives us 20 users hacked per year. Additionally, we currently plan to support the top 20 wallets. For the same 1000 users and with normal distribution, it results in around 50 users being hacked in case of a full wallet hack independently from the user. In other words, from 2% to 5% of protocol users, on average, will be hacked. If we assume that, on average, all users will have a similar amount deposited, then yearly, we will need to cover around 2%-5% of TVL.
Additionally, we need to cover our vaults and investment protocols with insurance from the same pool. We expect to have at least 10 Vaults with 3-5 protocols per Vault. It gives us an expectation of losing around 2% of TVL in case of one protocol hack. With the earlier security measures described, we expect very low chances of protocol hacking. But even in such cases, in total, with wallet hacks, it will require us to maintain no more than 4%-7% of TVL in the insurance pool.
To support the full money flow, we need to have a minimum of 7% of TVL in the insurance pool at any moment. But we can expect that insurance cases do not happen in a normal distribution. They usually tend to happen in short periods of time in big amounts. This requires us to have some buffer to be able to cover picks of reimbursements. For simplicity, we will assume that the reserve part of insurance is the same size as the minimal insurance pool size. So, we need to have 7%-14% of TVL in the insurance pool at any moment.
On average, yield aggregators generate around 5% APY. Our investment strategies historically generate from 5% to 15% APY. This gives us from -2% to 13% returns per year after all hacks are covered. (Cases with abnormal distribution will be described in the whitepaper).
This means that the insurance pool, after all covers, will be able to receive from -14% to 92% APY as insurance payments and support itself in a balanced state on average.
# Revenue Distribution
Revenue generated from protocol investment strategies is distributed dynamically and in multiple destinations, but they can be described into three main groups
* The majority of revenue will be used to support the insurance pool as insurance fees. This means that the exact percentage of distribution will be dynamically adjusted based on liquidity pool size and overall asset size, which it must cover. At the initial stage, the percent will be set to 60% of the revenue.
* If the insurance pool is big enough to support full Vaults assets, revenue will be distributed to holders. This distribution allows us to pay a premium on assets that they are holding in protocol. At the initial stage, the percentage will be set to 20% of the revenue.
* The remaining 20% of the revenue will be taken as a protocol fee and will be used to pay dividends for project token holders, buy out project tokens from the market, and support other protocol operations. At the initial stage, while we do not have tokens, this part of the revenue will also be redirected to the insurance pool. Resulting in a total of 80% of revenue at the start going to the insurance pool.
# Future Outlook
While the insurance pool can maintain positive returns and grow by itself over time, it may not be enough in case of the rapid growth of protocol TVL. To cover such cases, in the future, we will be able to provide access to an insurance pool for liquidity providers more tailored to risks. They will be able to invest in a liquidity pool and receive part of the revenue that it generates.
This way, the insurance pool/TVL ratio can be balanced by regular market conditions of supply and demand.
# Security Overview
Security is paramount for Eonian. We did multiple research and audits to increase the security level of DeFi and bring it closer to the traditional financial security level.
Security is a more complicated topic in DeFi than in traditional finances. We described the [basis of the DeFi Protocol Triemma](https://blog.eonian.finance/how-defi-works-understanding-protocols-trilemma-a1bb985ff5a3), which prevents the majority of DeFi projects from building safe and reliable protocols.
To solve DeFi security issues, we use many different approaches and strategies, which include:
* **SecOps and Secure SDLC -** We take a security-first approach to ensure that all of our contracts are safe to use. We use enterprise-level software security practices such as SecOps and Secure SDLC, which have already shown great results in the Web2 world but have been overlooked by many Web3 developers.
* **Continuous Monitoring -** We don't stop at the audit of the protocol. Security is not a point where you can stop working. We monitor new breaches and hacks in DeFi to quickly react and fix vulnerabilities where others may be failing. You can see the list of vulnerabilities that we collected and monitor [there](https://leovs09.notion.site/DeFi-Hacks-and-Vulnerabilities-a53964267ca14f87af2a3cc0e40130f8?pvs=74).
* **Rigorous Testing -** We use code review, automated testing, and code coverage reports. We investigate and will build a solution for automated code analysis for vulnerabilities.
* **Attack Analysis -** We collected more than 40 smart contract vulnerabilities and different hack cases. During development, we are making vector attack analyses using these vulnerabilities to find ways the hackers can attack our protocol.
* **Attack Simulations -** We are working on instruments to test protocol by making possible attack simulations on the blockchain before deploying new changes for the mainnet.
* **Multi-layer Testing -** We test our protocol on three different levels: Preview (On testnet), Development (on mainnet, but only accessible to the main team), and Staging (On Mainnet, but accessible to the team and dedicated alpha testers). You can read about it [there](https://github.com/eonian-core/farm/blob/main/docs/protocol-updates-workflow.md).
* **Insurance Pool -** At the current moment, our insurance pool is mainly bootstrapped on founders’ money. It means that in case of any issue or hack, we will first who lose money as we will be forced to repay users their losses. This way, we want to show how much we trust our solution and how motivated we are to keep the safety of the solution at the highest level. The pool is stored separately from the main protocol. This ensures we will be able to repay users’ money even if the Eonian protocol is compromised.
* **Next-generation security system -** We are working on protocol monitoring on blockchain. It will monitor not only our protocol but also the protocols in which we move liquidity. At any moment, monitoring will be able to provide the current state of money flow and the health state's overall investment system. It will also use the mempool of the blockchain to monitor future transactions and to understand when there will be possible hacks or issues that can result in money loss. By using such information, we will be able to automatically send withdrawal transactions before bad transactions are committed and save all money from vulnerable protocols.
* **Third-party Audits** - our smart contract protocol is continuously validated by third-party audit companies before each significant change is deployed to the public.
* **Vertical Audits -** We make independent vertical audits of all protocols in which our protocol invests. Unlike standard audits, which primarily focus on code, vertical audits offer a holistic examination. This includes not only the code but also the operational mechanisms, administrative roles, upgrade paths, and, critically, the team behind the protocol. You can see the list of audits [there](https://www.notion.so/7eb42e1464f84a62bd33353ccf483707?pvs=21).
* **Circuit Breakers** - If our protocol detects significant losses, it automatically pauses itself and withdraws all money to prevent further damage. You can read about it [there](https://www.notion.so/Intelligent-Emergency-Shutdown-Mode-9a00c3924ff2460fbb3b08cc63750c7c?pvs=21).
## Learn More
We place the central place of our development on the security of protocol. You can read more about it on our [website](https://eonian.finance/security). In these documents, you can read additional information and explanations of the different safety systems that we use.
Audits of our protocol by third-party providers:
{% content-ref url="/pages/16GgYLGaAe13CkY3xUPi" %}
[Audits](/security/protocol-audits)
{% endcontent-ref %}
Audits performed by our team for third-party investment protocols:
{% content-ref url="/pages/KWwYKp03SeyhpAmeBocb" %}
[Vertical Audits](/security/protocol-audits/vertical-audits)
{% endcontent-ref %}
The system that prevents excessive losses of assets:
{% content-ref url="/pages/24j7GDMlRwvuB4CPIcOe" %}
[Intelligent Emergency Shutdown](/security/intelligent-emergency-shutdown)
{% endcontent-ref %}
### Additional Resources
* [List of audits](https://leovs09.notion.site/Protocols-Audits-6bfdf8b29fb245b2be8db5c24726e795?pvs=4) conducted by our core development team.
* [The checklist](https://leovs09.notion.site/Crypto-Project-Audit-Checklist-e24414dcd1c94b5f818343d46f25013d?pvs=4) that we use to audit new projects.
* [List of hacks](https://www.notion.so/leovs09/DeFi-Hacks-and-Vulnerabilities-a53964267ca14f87af2a3cc0e40130f8) and resources to fight with them that our core team collected and maintained.
* Series "How We Fight DeFi Vulnerabilities"
* [Part 1 - Smart Contracts](https://blog.eonian.finance/how-we-fight-defi-vulnerabilities-part-1-smart-contracts-b198e33db9ad)
* [Part 2 - Flash Loans](https://blog.eonian.finance/how-we-fight-defi-vulnerabilities-part-2-flash-loan-2b9765aaaf76?source=collection_home---2------5-----------------------)
* [Part 3 - Economic Exploits](https://blog.eonian.finance/how-we-fight-defi-vulnerabilities-part-3-economic-exploits-2547f936b8e8?source=collection_home---2------4-----------------------)
* [Part 4 - Centralized Decision-Making](https://blog.eonian.finance/how-we-fight-defi-vulnerabilities-part-4-centralized-decision-making-accf8e5e5b1c?source=collection_home---2------2-----------------------)
# Audits
This a page with audits of Eonian protocol conducted by third-party companies
Security is critical for us, which is why we need to ensure that our smart contract code doesn't contain any vulnerabilities, exploits, or security issues. We perform different automated checks through linters and code analyzers for our codebase on each update. You can read about it there:
{% content-ref url="/pages/QTcBY5UzpcW0m0MDjZz7" %}
[Security Overview](/security/security-overview)
{% endcontent-ref %}
Additionally, we plan to validate each significant smart contract protocol change through third-party audit firms. Starting from the first audit performed before our public beta release.
## Audits
### Quick Check by TechRate
First quick check audit of our protocol that was performed by [TechRate ](https://techrate.org/)during closed beta.
{% file src="/files/LT7WLKnIWGttdLL1daXj" %}
**Summary**
{% hint style="success" %}
No vulnerabilities were found.
{% endhint %}
### Audit by Bunzz
The first full audit was conducted by the [Bunzz team ](https://www.bunzz.dev/audit)as part of the preparation for the public beta release.
{% file src="/files/cNoG4FLMTieEF8jyrUPs" %}
[Audit source on Bunzz site](https://www.bunzz.dev/audit/reports/057100c0-7023-4247-8c39-31d43e979f76?name=Eonian)
{% endfile %}
**Summary**
{% hint style="success" %}
Only three low-impact potential vulnerabilities were found. All are fixed by our team.
{% endhint %}
## Code Analysis
We conduct automated code analysis on all changes in smart contracts. You can see them in real-time in our [repository](https://github.com/eonian-core/farm). There we collect few latest reports.
### OpenZeppling Defender Code Inspector
Analysis was conducted using the [OpenZepplin Defender](https://www.openzeppelin.com/) Code Inspector tool.
{% file src="/files/HZRmpVj6lGcAq05Wr93t" %}
**Summary**
{% hint style="success" %}
No high or medium-impact potential vulnerabilities were found.
{% endhint %}
## Vertical Audits
Our team also performs independent audits on other protocols before we integrate with them:
{% content-ref url="/pages/KWwYKp03SeyhpAmeBocb" %}
[Vertical Audits](/security/protocol-audits/vertical-audits)
{% endcontent-ref %}
# Vertical Audits
There you can learn about indendent audits performed by our team on third-party protocols that we integrated with.
At Eonian, we place a target on the security of your investment. That's why we've innovated beyond the traditional audit approach with our comprehensive "vertical audits".
Unlike standard audits, which primarily focus on code, vertical audits offer a holistic examination. This includes not only the code but also the operational mechanisms, administrative roles, upgrade paths, and, critically, the team behind the protocol.
Now, you may wonder - why does the team matter? Here's an insight. The DeFi world is riddled with stories of protocols hacked, not due to a vulnerability in the code, but because of mismanagement of protocol access or, worse, intentional misconduct by the team. Such risks often bypass traditional audits, as they focus primarily on code, not people and processes.
However, with Eonian's vertical audits, we scrutinize these aspects too. By keeping an eye on who's in charge and how the protocol is managed, we can spot potential threats and deal with them proactively.
So, beyond just examining the protocol’s code, we delve into the human element behind it, ensuring that there's a responsible, trustworthy team at the helm. This proactive, comprehensive audit approach helps us safeguard your investments from all possible angles, including those usually ignored.
Vertical audits exemplify our commitment to redefine the DeFi landscape by making investor safety and protocol resilience our top priorities. It's just one of the many ways Eonian is working towards a safer, more secure DeFi space for everyone.
### Resources
* [List of Vertical Audits](https://leovs09.notion.site/Protocols-Audits-6bfdf8b29fb245b2be8db5c24726e795?pvs=4)
* [Audits of our protocol](/security/protocol-audits) are performed by third-party audit companies.
* [The checklist](https://leovs09.notion.site/Crypto-Project-Audit-Checklist-e24414dcd1c94b5f818343d46f25013d?pvs=4) that we use to audit new projects.
* [List of hacks](https://www.notion.so/leovs09/DeFi-Hacks-and-Vulnerabilities-a53964267ca14f87af2a3cc0e40130f8) and resources to fight with them that our core team collected and maintained.
# Intelligent Emergency Shutdown
Explantion of our emergency losses prevention system
In our protocol, each strategy monitors their losses during investment cycles. If a strategy starts losing money, they automatically go to **Emergency Shutdown Mode** to save money from bigger losses.
### Emergency Shutdown Mode
The Emergency Shutdown Mode - is a state in which the strategy tries to withdraw all funds as quickly and cost-effectively as possible. To activate the strategy, the back Eonian core team will manually check and review the strategy and protocol state, understand what causes losses, and if they cannot occur and market conditions are restored again, reactive strategy.
## For Developers
***
### How it works
Eonian strategies work in polling lending protocol mode every 6 hours (more details in a Strategy lifecycle documentation). Strategies get profit, debt, loss, and gas cost parameters to decide if it should harvest profit.
In some very rare cases, significant losses are possible, for instance, in case of emergency in market conditions.
There are three possible cases:
* If a profit is above zero and the strategy is healthy, then it returns PASS
* If a loss is above zero but still an acceptable level (that is possible due to short market fluctuations), then it returns ACCEPTABLE\_LOSS and will allow to finish a transaction.
* If a loss is above 5% of total debt, then the strategy will be shut down automatically. And withdraw all money on the same harvest cycle.
In the picture above, the scheme for the whole flow. The harvest logic tries to collect profit and check how healthy the strategy is. The logic checks if a strategy has losses and how big the losses are.
# Ambassador Program Overview
Change the economy of the future and earn from results through our Ambassador Program.
At Eonian, we understand that the heartbeat of our community lies in the hands of its members. That's why our program is designed to be not just rewarding but also fair and meaningful, ensuring that your contributions are met with the recognition they deserve. As you embark on this playful experience, you will find yourself growing with each step, supported by a program that values your unique contributions.
Through this program, you can engage in activities ranging from community building and content creation to advocacy and education. But you, as ambassador, will not only help to build a community, you will shape the future of finance. A future that's safer, more inclusive, and powered by the collective passion of individuals like you. Your journey with Eonian is more than a path to personal growth—it's a chance to be part of a movement that's redefining the essence of DeFi.
Eonian Architecture
## **🚀** Your Role in Redefining Crypto: Become an Ambassador
The Eonian primary purpose is to make crypto a simpler and safer replacement for the traditional financial system. A system where users control and earn from their assets on the same level as the largest hedge funds do right now.
But this is not a mission no one can accomplish alone. To make a fair and respectful financial system, we need to unite. We need you! You can change the world and improve real people's lives by working on improving and growing the Eonian community. As an Eonian Ambassador, you can evangelize and advocate for a fair and inclusive financial system that benefits everyone.
We believe in equitable rewards for your efforts. That's why, as an ambassador, you'll reap the benefits of your contributions. From earning through various activities to gaining unique insights and skills, your journey with us is as rewarding as it is impactful. Join us in this crusade to not only build but revolutionize the Eonian community and the world of DeFi.
Take a look at the rewards that the Eonian Ambassador Program can provide [there](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/the-rewards-for-eonian-ambassadors).
## Deep Dive in Ambassador Program
There is a list of resources that allow you to take a deeper look at the ambassador program.
{% content-ref url="/pages/kNDuR6fvzc4TRlSlhplB" %}
[The Rewards for Ambassadors](/ambassador-program/the-rewards-for-ambassadors)
{% endcontent-ref %}
{% content-ref url="/pages/zcAVXp9jAljq4ATGWuoE" %}
[Onboarding Guide and Roadmap](/ambassador-program/onboarding-guide-and-roadmap)
{% endcontent-ref %}
{% content-ref url="/pages/QGvqK0ChYXBSnETLKttd" %}
[Reward System](/ambassador-program/reward-system)
{% endcontent-ref %}
{% content-ref url="/pages/EO93CUwIFTTuI40EbiDK" %}
[The Community Roles](/ambassador-program/the-community-roles)
{% endcontent-ref %}
{% content-ref url="/pages/OlQNFykhfKbSQvJeKLvX" %}
[The Ambassador Roles](/ambassador-program/the-ambassador-roles)
{% endcontent-ref %}
# The Rewards for Ambassadors
There is a list of rewards and benefits that you can get by joining the Eonian Ambassador program.
* ❤️ **Be Part of the Eonian Ambassadors Team** - Become part of a growing team of builders and crypto enthusiasts who contribute to the future that they really believe in.
* **🏅 Achieve Prestige Roles in Our Community -** Elevate your status within the Eonian community through distinguished roles that come with real recognition. These roles are titles, a testament to your impact and contribution, giving you the prominence and respect you deserve among peers. Each role comes with its unique badge that gives all know your status within the community.
* **💰 Earn Tokens for Your Work** - As an Eonian ambassador, your efforts and contributions are valued and tangibly rewarded. Each action you take, every insight you share, directly earns you future Eonian tokens. This token is a real stake in the success you help build. When we launch Eonian project tokens, your hard work pays off in a concrete way. Empowering you to reap the financial rewards of your dedication and input. We will distribute part of the project tokens during retrodrop between ambassadors, based on each ambassador's contributions. Learn more about the token reward system [here](/ambassador-program/reward-system).
* **🤝 Connect with Eonian Community Members** - Step into a world where your crypto passion meets like-minded enthusiasts. Discuss the latest updates, share insights, and immerse yourself in a rich tapestry of ideas and conversations. Discuss updates, news, and insights with like-minded crypto enthusiasts. Feel yourself part of a broader and welcoming community.
* 💪 **Get Real-World Experience** - Gain invaluable knowledge in the crypto industry and marketable skills directly from experts with over a decade of experience. Make step forward in your professional career.
* 📷 B**uild a Name for Yourself** - As an Eonian ambassador, your voice matters, and your contributions shine brightly. We're not just here to acknowledge your work; we amplify it across our social networks, boosting your public presence and authorship. Your creative efforts and insights gain the spotlight they deserve, growing your personal brand and influence in the crypto community.
* **💰 Earn in Exclusive Contests, Airdrops and Grants -** Seize the opportunity to earn more through our exclusive contests and airdrops. As an Eonian ambassador, you get privileged access to these rewarding events, where your participation directly leads to tangible rewards.
* **🚀 Launch Your Crypto Career with Eonian -** Transform your ambassador role into a career launchpad. Active involvement opens doors to potential full-time positions at Eonian, offering a direct path from passionate participation to professional advancement.
* **🔍 Insider Access to Early News and Developments -** Gain an inside edge with early access to Eonian's latest news and product developments.
* **🌟 Exclusive Early Access to New Products -** Experience and influence our innovations before anyone else. Your early access as an ambassador isn't just a privilege; it's an opportunity to shape and interact with our products ahead of the market.
* **🎙️ Amplify Your Voice in the Community -** Take the center stage in our community. Your role as an ambassador gives you a prominent platform to share your voice, grow your influence, and help steer the direction of Eonian's community.
* **🌉 Gain a Competitive Edge in Career Opportunities** - As an Eonian ambassador, you're not just part of our present; you're a key player in the future. When you apply for new opportunities, we've got your back. We will provide valuable feedback on your work and contributions, giving you a distinct advantage.
* **📢 Increase Your Influence -** As an ambassador, your opinions and votes carry significant weight. Your input is valued and influential, playing a crucial role in shaping the community's path and decisions.
* **🤝 Expand Your Professional Network -** Build a robust professional network by connecting with DeFi experts and fellow ambassadors. Your role provides unique networking opportunities, enhancing your understanding of the DeFi space and fostering valuable relationships.
## **The Future Holds More**
And this is just the beginning. We're constantly innovating and expanding our rewards portfolio. By joining the Eonian Ambassador Program now, you place yourself at the forefront of not only enjoying our current array of benefits but also being first in line for the exciting surprises and additional rewards we have in the pipeline.
Don’t miss the opportunity to be part of a program that grows with you, offering new and unexpected ways to reward your dedication and efforts. Check the guide on how to join the Eonian Ambassador Program there.
# Onboarding Guide and Roadmap
How to Become the Eonian Ambassador
Welcome to the journey of becoming an Eonian Ambassador! Our onboarding process is uniquely tailored to value real interest, valuable contributions, and sharing Eonian values over traditional metrics like years of experience or self-promotion skills. This is why we split the candidates’ onboarding process into three steps.
* **Start as an Entry-Level Ambassador -** Simply by joining at the Entry level on our [Zealy board](https://zealy.io/c/eoniandao/questboard), you begin earning rewards. You'll gain your first rank and become eligible for our retrodrop, marking your initial steps in the Eonian community.
* **Grow to Middle-Level -** Immerse yourself in our community and grow in the direction that you want by completing engaging Zealy quests. Each quest brings new learnings and takes you closer to the Middle level, unlocking further rewards.
* **Apply to Senior-Level -** Ready for more? Apply for the Senior level and elevate your ambassador experience. This step opens the door to even greater rewards and deeper involvement in the Eonian project.
## Join Ambassador Entry-Level
Begin by completing a few initial quests on our [Zealy board](https://zealy.io/c/eoniandao/questboard). It’s simple, engaging, and your first step towards becoming an integral part of our community.
### **Rewards You'll Earn**
* A special Discord role exclusively for ambassadors.
* Access to a private channel for in-depth discussions and exclusive insights.
* Eligibility for Eonian token rewards during the retrodrop.
### **Steps to Join**
* Go to our [Zealy board](https://zealy.io/c/eoniandao/questboard) and start completing quests
* Join our social networks
* Participate in quests like retweeting to spread the word about Eonian
* Officially claim your rank as an Eonian ambassador on the Zealy board!
This is just the beginning of your ambassador journey, where you’ll explore and contribute to the project through various rewarding quests. Each new quest will provide for you the reward that you deserve!
***
## Grow to Middle-Level
After attaining the Entry level, you can grow in directions that align with your interests. Depending on your interests, you can become:
* [Community Advocate](/ambassador-program/the-ambassador-roles/community-advocate) - Engage and support our community across platforms.
* [Crypt Evangelist](/ambassador-program/the-ambassador-roles/crypto-evangelist) - Promote Eonian in diverse communities, highlighting our solutions.
* [The Creator](/ambassador-program/the-ambassador-roles/the-creator) - Produce high-quality content that resonates with a broader audience.
### **Progressing in Your Journey**
Earn additional community ranks and expand your knowledge in the crypto space. The process is fun, interactive, and incredibly rewarding. Complete the designated quests in your chosen path on the [Zealy board](https://zealy.io/c/eoniandao/questboard) to ascend to the Middle level of your ambassador role. This level opens doors to higher rewards and sets the stage for the next exciting phase.
***
## Apply for Senior-Level
Once you achieve the Middle level, you’re ready to apply for the Senior level. This is where your role becomes even more impactful.
### **Application Process**
* Submit your application through [the form](https://sx81kqc7w2z.typeform.com/to/Ic6EwjjP).
* Our community team will review your application and guide you to the next exciting steps.
### **Senior-Level Benefits**
* Gain valuable, marketable experience with guidance from industry experts.
* Earn monthly Zealy XP, which is convertible to Eonian tokens.
* Access to exclusive contests and airdrops.
* Potential to join the Eonian team.
* More exciting rewards tailored to grow direction.
Don’t just watch the crypto world evolve – be a part of that change. Join the Eonian Ambassador Program today and start a journey that promises growth, recognition, and a chance to shape the future of finance. Your path to becoming a crypto influencer, a creative force, or a community leader starts here. Dive in and discover the many rewards and opportunities that await!
# Reward System
Ambassador Reward System That Values Your Contribution
At Eonian, we believe in rewarding our community members fairly and generously. Our Rewards System is designed to acknowledge your hard work and dedication. It’s crafted to fairly distribute value based on your work and the impact you have in the Eonian community. Through this program, your actions earn prestige ranks and Zealy Experience Points (XP), which reflect your standing and influence within our vibrant community.
You can see the full list of rewards that you can get there 👇.
{% content-ref url="/pages/kNDuR6fvzc4TRlSlhplB" %}
[The Rewards for Ambassadors](/ambassador-program/the-rewards-for-ambassadors)
{% endcontent-ref %}
As you actively engage in our activities, tackle challenges, and contribute as an ambassador, you’ll earn many rewards and especially ranks that highlight your journey and achievements. These ranks are a badge of honor, symbolizing your growth, commitment, and the value you bring to the Eonian. This system ensures that your hard work is visibly acknowledged and that your progression is celebrated at every milestone.
{% hint style="info" %}
**Zealy XP** - Experience points in our [Zealy space](https://zealy.io/c/eoniandao/questboard) that are earned by ambassadors for their participation and contributions to the community.
{% endhint %}
## **How It Works**
The Eonian Ambassador Rewards System operates on the principle of active engagement. Participation in various community activities, including discussion contributions, quest completions, and working as an Eonian ambassador, earns members Zealy XP. Accumulated Zealy XP leads to higher ranks and will be converted to Eonian project token on retrodrop.
{% hint style="info" %}
**Retrodrop** - A process where accumulated Zealy XP is converted into Eonian project token and distributed after the token launch.
{% endhint %}
The system is built around two complementary ranking structures: Community Roles and Ambassador Roles, each with its unique way of accruing points and recognition.
### **Ways to Earn Zealy XP**
The Eonian Ambassador Rewards System is intricately designed to recognize various forms of participation and contribution. Here's a closer look at how you can earn Zealy Experience Points (XP) and achieve ranks within our community
**Earning Community Roles**
* Your active participation in our community discussions on Discord and your efforts in inviting new members help you earn [Community Roles](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/page-1/the-community-roles).
* These roles are a recognition of your social engagement and efforts to grow the Eonian community.
* Once you earn a Community Role, you can claim Zealy XP on our [Zealy board](https://zealy.io/c/eoniandao/questboard). This mechanism ensures that your social contributions in Discord are rewarded with tangible points.
Learn more about Community Roles there 👇.
{% content-ref url="/pages/EO93CUwIFTTuI40EbiDK" %}
[The Community Roles](/ambassador-program/the-community-roles)
{% endcontent-ref %}
**Completing Zealy Board Quests**
* The [Zealy board](https://zealy.io/c/eoniandao/questboard) is a platform where you can engage in various quests tailored to the objectives of the Eonian community.
* Completing these quests not only provides you with Zealy XP but also aligns your activities with the broader goals of the Eonian and allow you to make your contribution in the community and project growth.
**Working as a Senior-Level Ambassador**
* Ambassadors who take on senior-level roles or higher are awarded Zealy XP on a monthly basis.
* This method of earning is reflective of the significant contributions and commitments made by these ambassadors.
Learn more about Ambassador Roles there 👇.
{% content-ref url="/pages/OlQNFykhfKbSQvJeKLvX" %}
[The Ambassador Roles](/ambassador-program/the-ambassador-roles)
{% endcontent-ref %}
### Ambassador Ranks
All ambassador ranks are prominently represented in our Discord server as roles. These ranks act as badges of honor within the community, showcasing your dedication, achievements, and evolving role in the Eonian ecosystem.
This structure ensures that all forms of participation, from community engagement to direct project involvement, are recognized and rewarded in a manner that reflects the diverse contributions of our ambassadors.
#### **Dual Structure of Ranks**
The Rewards System features two complementary ranking structures
* [**Community Roles**](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/page-1/the-community-roles) **-** Attained through active participation on Discord and by inviting new members. These roles signify your engagement and contributions to building and nurturing the community environment.
* [**Ambassador Roles**](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/page-1/the-ambassador-roles-beed0b7a09774bf09331b6e91ab39c73) **-** Earned by completing tasks on the Zealy board and through active participation in higher-level ambassador activities. These roles are indicative of your direct contributions to the Eonian project and represent your achievements in project-based tasks and initiatives.
To join the ambassador program, check our onboarding guide there 👇.
{% content-ref url="/pages/zcAVXp9jAljq4ATGWuoE" %}
[Onboarding Guide and Roadmap](/ambassador-program/onboarding-guide-and-roadmap)
{% endcontent-ref %}
# The Community Roles
Roles that can be earn community & ambassdors at the same time
Welcome to the realm of Eonian Community Roles, where your active participation and contributions are not just recognized but celebrated. These roles aren’t just titles; they're milestones on your journey with us, each unlocking new avenues of rewards and recognition. As you climb the ranks, you collect Zealy XP, paving your way to exclusive rewards in the upcoming Eonian project token retrodrop.
Each role within our community carries its unique prestige and privileges, symbolizing your growing influence and dedication through a unique badge that is displayed next to your username. So, everyone will know your status in the community!
{% hint style="info" %}
The Eonian Community roles are commonly referred to in crypto as **OG roles**. Even the lowest role guarantees token retrodrop. However, a higher role will result in a higher number of tokens.
On top of that, they can be earned together with [Ambassador roles](/ambassador-program/the-ambassador-roles), which are also **OG roles**. However, they provide additional benefits, including an increase in the number of tokens monthly.
{% endhint %}
### Roles & Badges
There is a list of all roles with their respective badges.
### **Ways to Earn Community Roles**
These community roles are permanent and usually rewarded automatically. Here's how you can rise through the ranks and make your mark in the Eonian community.
* **Engage in Discord Discussions -** Your voice in our Discord matters. By engaging in conversations, you accumulate [Discord Discussions XP](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/page-1/discord-discussions-xp-and-levels). Each new level attained brings a role that reflects your evolving status.
* **Expand Our Community -** Bring your friends into the Eonian Discord server. The more people you invite, the higher your rank climbs. Discover more about our [Discord Invites System](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/page-1/discord-invites-system) and start growing your network.
* **Contribute Actively -** Your ideas, feedback, and participation in events don't go unnoticed. Our community managers are always on the lookout to reward members who consistently add value and vibrancy to our community.
{% hint style="info" %}
Attaining a specific role is flexible – you can reach it either through discussion engagement or invites. No need to fulfill both criteria.
{% endhint %}
Here’s a quick overview of the roles and what it takes to achieve them.
| 💎 Role | 💬 Discord Discussion Level | 🤗 Discord Invites |
| -------------- | --------------------------- | ------------------ |
| Members | 1 | 1 |
| Active Members | 2 | 2 |
| Contributors | 3 | 3 |
| Enthusiasts | 4 | 4 |
| Experts | 5 | 5 |
| Innovators | 7 | 7 |
| Veterans | 10 | 10 |
| Early Adopters | 15 | 15 |
| Visionaries | 20 | 20 |
| Pragmatists | 25 | 25 |
| Professionals | 30 | 30 |
| Leaders | 35 | 35 |
Achieving a target Discord Discussion Level automatically assigns you the respective role. For invites, complete the [Discord invites quest](https://zealy.io/c/eoniandao/questboard) on our Zealy board to claim your rank. Plus, keep an eye out for our community announcements celebrating members who make extraordinary contributions!
{% hint style="warning" %}
We uphold a culture of respect and fairness. Any misconduct can lead to penalties, including bans and loss of XP.
{% endhint %}
### Leveling Systems
Delve deeper into the leveling systems and find out how each interaction brings you closer to the next milestone.
{% content-ref url="/pages/WGeo4z5SO26lazleZonp" %}
[Discord Discussions XP and Levels](/ambassador-program/the-community-roles/discord-discussions-xp-and-levels)
{% endcontent-ref %}
{% content-ref url="/pages/XnnAsbPV8Z83ZmQtce9l" %}
[Discord Invites System](/ambassador-program/the-community-roles/discord-invites-system)
{% endcontent-ref %}
# Discord Discussions XP and Levels
The Discussions XP System, a unique points-based tracking system, is part of the Eonian Discord community to measure user engagement.
The Discussions XP system serves a dual purpose: motivating and rewarding users for their contributions to the community while also recognizing the most active participants for their involvement.
## **Earning** Discussions **XP for chatting**
Users have the opportunity to earn XP by participating in discussions on the Discord server. For every minute you actively engage in conversation, you'll receive a random XP reward, depending on the length and quality of your messages. To maintain fairness and discourage message spamming for XP farming, there is a cooldown period of 1 minute. This means you can earn XP once every minute.
{% hint style="warning" %}
In cases where a user is found to be in violation of rules by engaging in XP farming or system exploitation, decisive measures can be implemented, including a decrease in XP and bans.
{% endhint %}
## **What are The Community Roles**
[The Community Roles](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/the-community-roles) represent unique server designations within the Eonian community, automatically assigned to users based on their attained levels. These roles have been introduced to celebrate the achievements of our members and provide recognition as they advance through the levels by earning XP.
## **Leveling Up**
Earning Discussions XP results in a higher level. The Discussions XP required to progress to the next level increases as users advance through the levels.
As members level up, they will automatically acquire community roles. These special roles were designed to recognize and reward our active supporters. Our bot will assign these roles based on your current level.
More info about community roles can be found there 👇.
{% content-ref url="/pages/EO93CUwIFTTuI40EbiDK" %}
[The Community Roles](/ambassador-program/the-community-roles)
{% endcontent-ref %}
## **How to review your status**
You can review ranking and Discussions XP, by running commands in our [#level-ups](https://discord.com/channels/1038654076533092422/1129779098265321552) Discord channel. Simply go there any type one of these commands
### Get your current rank
```
/rank
```
This command allows you to check your position on the weekly leaderboard, showing your current rank based on your activity.
### Show community leaderboard
```
/levels
```
Use this command to view your current standing on the server leaderboard, providing insights into your progress and engagement within the community.
### Check your roles
To determine your level of role in the community, simply click on your profile in the server. There, you will be able to see a list of your roles.
These commands will only work inside the [#level-ups](https://discord.com/channels/1038654076533092422/1129779098265321552) Discord channel, so make sure to use them inside the directed channel only.
# Discord Invites System
The invites system keeps your input on track.
Join the exciting venture of growing the Eonian community! Our Discord Invites System empowers you to bring friends into our Eonian Discord Server. This guide will walk you through the significance of this feature, how to craft your invite links and track your inviting success.
### **Your Invitations Matter**
* Every invitation you send extends our community's reach, connecting us with more like-minded individuals passionate about finance and crypto.
* Your efforts in inviting new members are crucial in building a diverse, engaging, and thriving community, enriching our conversations and collaborations.
### How to Create a **Personal** Invite Link
To create an invite link in our Discord server, follow these steps:
1. Open the [Eonain Discord server](https://discord.gg/eonianfinance).
2. Click on the server icon by the right mouse button and choose **Invite People**.
3. In the pop-up, tailor your invite’s settings, like its lifespan or usage limit.
4. Once you have configured the settings, click on the **Copy** button.
5. A unique invite link will be copied to your buffer, which you can share with others.
### How to Check Your Invites
We utilize the Invite Tracker bot in our Eonian Discord Server to track invites and automatically mark fake invites. To check your current invites, follow these steps:
1. Open our Discord server and go to [#invites channel](https://discord.com/channels/1038654076533092422/1129380886618587207).
2. Type the `/invites` command in the chat and press Enter.
3. The Invite Tracker bot will provide you with information about your current invites, including the number of successful invites, fake invites, and more.
### Leaderboard of Invites
If you are curious about the top contributors in terms of invites, you can check the leaderboard using the `/leaderboard invites` command. This will display the users with the highest number of successful invites, allowing you to see who is making a significant impact in growing our community.
Remember, every invite you send contributes to the growth and diversity of the Eonian community. Your role in inviting new members is more than just a contribution; it's a way to shape and enhance our collective experience. Should you need any assistance or have questions about the Discord Invites System, our community moderators and administrators are always here to help. Let's grow together and create a flourishing Eonian community!
# The Ambassador Roles
Roles which only ambassadors can earn
## The Ambassador Roles
Embark on a path of distinction with the Eonian Ambassador Roles. These roles are titles and testament to your impact and commitment within the Eonian community. Designed to acknowledge and celebrate your contributions, Ambassador Roles are a mark of honor, symbolizing both your achievements and the trust placed in you by the community.
As an Eonian Ambassador, you are not just participating; you are leading and shaping the future of our community. Each role signifies a higher level of influence and accomplishment, making them highly prestigious and sought-after. They serve not only to recognize your dedication but also to inspire and guide newer members, setting the standard for what it means to be an integral part of the Eonian community.
{% hint style="info" %}
The Eonian Ambassador roles are commonly referred to in crypto as **OG roles**. Even the entry-level role guarantees token retrodrop. However, a higher role will result in a higher number of tokens.
On top of that, they can be earned together with [Community roles](/ambassador-program/the-community-roles), which can also be referred to as **OG roles**.
{% endhint %}
#### **Starting with Entry-Level**
Embarking on your ambassador journey is seamless with our Entry-Level role. This initial step is your gateway to showcasing your skills and choosing your path of growth. Once you attain this role, you’re already on the board for the retrodrop. Each interaction, quest, and conversation in our community bolsters your rewards and propels you towards higher ranks of prestige.
#### **Three Directions, Three Levels**
Our program offers three distinct growth paths, each with three levels to ascend. The Middle-Level roles are permanent and automatically assigned based on your quest completions in Zealy. As you advance, the Senior-Level roles will be assigned by our community management team. They bring you monthly Zealy XP rewards. The higher you climb, the greater the XP you accumulate.
{% hint style="warning" %}
**Stay Active, Stay Recognized**: To maintain your rank, especially at the senior ambassador levels, active participation is key. Inactivity, inappropriate behavior, or cheating can lead to demotion one level lower. Your continuous engagement and contributions are essential to upholding your esteemed status within the Eonian community.
{% endhint %}
## Entry Ambassador
Your First Step Towards Eonian Leadership
Begin your Eonian journey with the prestigious Entry Ambassador rank. This initial step is not just a title – it’s your badge of honor, signifying your dedication to the Eonian mission. As an Entry Ambassador, you open doors to a world of exclusive rewards and the opportunity to ascend to roles like Community Advocate, Crypto Evangelist, or The Creator.
#### Rewards
* **Prestigious Role in Discord -** Stand out with a distinguished role in our Discord community and an exclusive badge.
* **Access to a Private Channel -** Engage in exclusive discussions with fellow ambassadors.
* **Core Team Insights** - Receive first-hand insights and updates directly from the Eonian core team.
* **Token Rewards -** Be eligible for the Eonian project token retrodrop, a tangible acknowledgment of your contributions.
**Unique Badge**
You will get an exclusive Entry Ambassador Badge in our Discord, which showcases your high status.
#### How to achieve **the Entry Ambassador Rank**
1. Complete the onboarding steps on our [Zealy board](https://zealy.io/c/eoniandao/questboard), which include:
* Joining our social networks to stay connected.
* Engaging in activities like retweets to spread the word about Eonian.
* Claiming your rank as an ambassador to officially kickstart your journey.
2. [Follow the full guide](https://app.gitbook.com/o/xgYiQpRVz9aTVJOJJ1bx/s/VE523Jodte4jjJfssUo3/~/changes/1/ambassador-program/onboarding-roadmap) to grow the Eonian ambassador program and make bigger impact.
As an Entry Ambassador, you’re not just joining a program; you’re stepping into a role that carries weight and respect within the Eonian community. It’s your first stride towards greater achievements and deeper involvement in our mission.
## **Choose Your Path:** Ambassador Grows Directions
At Eonian, our Ambassador Roles are designed to cater to your unique talents and interests. These roles are not just titles; they are pathways to mastering specific areas of our mission, offering you the chance to shine in your chosen field.
#### **Embark on a Journey of Mastery and Diversity**
* **Multi-Faceted Opportunities -** Whether you're a natural community builder, a crypto-savvy educator, or a creative content creator, there’s a role that aligns with your strengths.
* **No Limits to Your Growth -** Feel free to embrace more than one role. If you believe you can juggle multiple responsibilities effectively, we encourage you to explore and expand your horizons.
* **Tailored to Your Skills -** Each role requires time and dedication to master, but the journey is rewarding. You'll not only contribute significantly to our mission but also develop a diverse skill set.
## Three Growth Directions
As an Eonian Ambassador, you have the unique opportunity to chart your own path and excel in a role that aligns with your strengths and passions. We offer three dynamic growth directions, each with its own set of challenges and rewards. Choose one or combine multiple to create your unique impact in the Eonian community.
### Community Advocate
As a **Community Advocate**, you are the heartbeat of our community. Your role involves nurturing and expanding our community presence across various platforms. Through engaging discussions, insightful content, and active participation, you will help foster a welcoming and knowledgeable environment. Your efforts in building and maintaining a vibrant community are crucial in spreading the word about Eonian and its mission.
* **Key Activities -** Engage in social media interactions, lead discussions in our Discord server, and initiate community-building activities.
* **Impact -** Drive community growth and engagement, ensuring a thriving ecosystem for all members.
More info 👇
{% content-ref url="/pages/qgimvIhkK69XdyRpf9D2" %}
[Community Advocate](/ambassador-program/the-ambassador-roles/community-advocate)
{% endcontent-ref %}
### Crypto Evangelist
Embark on the journey of a **Crypto Evangelist** and become the voice of Eonian in the wider crypto world. Your mission is to spread awareness about our protocol, services, and vision for the future of decentralized finance. By leveraging your network and influence, you will play a pivotal role in educating and engaging potential users and enthusiasts.
* **Key Activities -** Share Eonian’s vision across multiple platforms, organize and participate in online events, and engage with various crypto communities.
* **Impact -** Increase Eonian’s visibility, attract new users, and strengthen our position in the crypto market.
More info 👇
{% content-ref url="/pages/vGAiNQiCUwqNhvzUrRq5" %}
[Crypto Evangelist](/ambassador-program/the-ambassador-roles/crypto-evangelist)
{% endcontent-ref %}
### The Creator
As **The Creator**, your creativity and storytelling skills are your tools for impact. You will craft compelling content that resonates with our audience, from informative blog posts and engaging videos to insightful infographics and social media content. Your creative output will not only educate but also captivate, drawing more eyes to Eonian and its offerings.
* **Key Activities**: Produce a variety of content, manage content strategies, and mentor upcoming creators.
* **Impact**: Enhance Eonian’s brand through creative storytelling and innovative content strategies.
More info 👇
{% content-ref url="/pages/4EU2qHBBPrFodIwxHxAC" %}
[The Creator](/ambassador-program/the-ambassador-roles/the-creator)
{% endcontent-ref %}
Each of these roles offers a unique way to contribute to the Eonian community. Whether your strength lies in community engagement, evangelizing crypto, or creating compelling content, there’s a place for you to shine and grow. Your journey as an Eonian Ambassador is not just about what you do. It's about who you become in the process.
# Community Advocate
As a Community Advocate, you will drive our community's growth, involvement, and knowledge of protocol. Your role is to proactively engage our community members across various platforms. You need to actively participate, share insights, teach, and help members see the value and potential of Eonian. Your advocacy will play a crucial role in building an educated and enthusiastic community.
## **Prestige and Rewards at Every Level**
Embrace the journey through three prestigious levels of Community Advocacy, each offering escalating rewards and recognition
| Rewards | Middle Community Advocate | Senior Community Advocate | Lead Community Advocate |
| ------------------------------------------------------------ | ------------------------- | ------------------------- | ----------------------- |
| 💎 Prestige Role and Badge | ✅ | ✅ | ✅ |
| 🗝️ Entry Ambassadors' Channel Access | ✅ | ✅ | ✅ |
| 🚀 Eligible for Retrodrop | ✅ | ✅ | ✅ |
| 🔓 Exclusive early access to our products | ✅ | ✅ | ✅ |
| 📰 Early Insights and News | ✅ | ✅ | ✅ |
| 🏆 Zealy XP Reward | 5 000xp | 10 000xp/month | 15 000xp/month |
| 📢 Senior Advocates' Channel Access | ✖️ | ✅ | ✅ |
| 🌐 Social Network Exposure | ✖️ | ✅ | ✅ |
| 🎁 Exclusive Contests & Airdrops | ✖️ | ✅ | ✅ |
| 🌐 Real-world experience and work with our professional team | ✖️ | ✅ | ✅ |
| 🤝 Build Professional Network | ✖️ | ✅ | ✅ |
| 🌍 Showcasing on Our Website | ✖️ | ✅ | ✅ |
| 💼 Full-Time Career Opportunities | ✖️ | ✖️ | ✅ |
| 🛠️ Get a leg up when applying to new opportunities | ✖️ | ✖️ | ✅ |
| ⚖️ Higher Suggestions Priority | ✖️ | ✖️ | ✅ |
### **Unique Badge**
You will get an exclusive Community Advocate Badge in our Discord, which showcases your prestige level in our community.
## **Activities at Each Level**
### **Middle Community Advocate**
Middle Community Advocate include activities of Entry Ambassador in addition to
* 📢 Amplify Eonian news and posts on Twitter.
* 💬 Foster engaging and insightful discussions in our Discord community.
* 🧠 Demonstrate your Eonian knowledge by passing our specialized quiz.
### **Senior Community Advocate**
Senior Community Advocate activities include activities of Middle Community Advocate in addition to
* 🌍 Engage with Eonian news and posts across their social media pages, including Twitter, Medium, and Telegram.
* 🗨️ Actively participate and interact in Discord and Twitter discussions, in our meetups and AMAs, answering questions and contributing insights.
* 🌟 Engage and interact with the community. Encourage meaningful conversations and positive interactions within the community and during events.
* 🌐 Help us moderate channels and online communities in various languages.
### **Lead Community Advocate**
Lead Community Advocate activities include activities of Senior Community Advocate in addition to:
* 📊 Gather and share opinions, suggestions, insights, and feedback to contribute to the growth of Eonian.
* 📣 Relay and translate announcements, tweets, and general channels
* 🕊️ Manage and resolve conflicts and escalated issues
* 📆 Help support and manage AMA sessions and other events
* 🎓Train other moderators for superior community management.
To grow to this level, it is important to show such qualities:
* 🕊️ Effective conflict resolution
* 📈Ensure persistent monitoring of assigned channels
# Crypto Evangelist
As a Crypto Evangelist, your role is to spread the word about our protocol across various platforms, igniting discussions and sparking interest in the crypto community to the Eonian. Your passion for DeFi will be instrumental in educating others and guiding them to understand and utilize our services for a safer, more efficient crypto experience. You will play a critical role in promoting and representing Eonian as a part of the process of building the new decentralized financial economy.
## **Three Levels of Influence**
As a Crypto Evangelist, your journey unfolds across three distinct levels, each with escalating influence and rewards.
1. **Middle-Level Crypto Evangelist-** Start your journey by spreading awareness and initiating conversations across various platforms.
2. **Senior-Level Crypto Evangelist-** Build on your influence by engaging deeper with communities and implementing strategic growth initiatives.
3. **Lead Crypto Evangelist-** Lead from the front by forging partnerships, scouting new ambassadors, and amplifying Eonian’s presence globally.
## **Prestige and Rewards at Every Level**
Embrace the journey through three prestigious levels of Crypto Evangelist role, each offering escalating rewards and recognition
| Rewards | Middle Crypto Evangelist | Senior Crypto Evangelist | Lead Crypto Evangelist |
| ------------------------------------------------------------ | ------------------------ | ------------------------ | ---------------------- |
| 💎 Prestige Role | ✅ | ✅ | ✅ |
| 🗝️ Entry Ambassadors' Channel Access | ✅ | ✅ | ✅ |
| 🚀 Eligible for Retrodrop | ✅ | ✅ | ✅ |
| 🔓 Exclusive early access to our products | ✅ | ✅ | ✅ |
| 📰 Early Insights and News | ✅ | ✅ | ✅ |
| 🏆 Zealy XP Reward | 5 000xp | 10 000xp/month | 15 000xp/month |
| 📢 Advocates' Channel Access | ✖️ | ✅ | ✅ |
| 🌐 Social Network Exposure | ✖️ | ✅ | ✅ |
| 🎁 Exclusive Contests & Airdrops | ✖️ | ✅ | ✅ |
| 🌐 Real-world experience and work with our professional team | ✖️ | ✅ | ✅ |
| 🤝 Build Professional Network | ✖️ | ✅ | ✅ |
| 🌍 Showcasing on Our Website | ✖️ | ✅ | ✅ |
| 💼 Full-Time Career Opportunities | ✖️ | ✖️ | ✅ |
| 🛠️ Get a leg up when applying to new opportunities | ✖️ | ✖️ | ✅ |
| ⚖️ Higher Suggestions Priority | ✖️ | ✖️ | ✅ |
### **Unique Badge**
You will get an exclusive Crypto Evangelist Badge in our Discord, which showcases your prestige level in our community.
## **Activities at Each Level**
### **Middle Crypto Evangelist**
Middle Crypto Evangelist includes activities of Entry Ambassador in addition to
* 📣 Amplify Eonian announces and posts on Twitter
* 🌐 Attract new community members through various channels in our Discord.
### **Senior Crypto Evangelist**
Senior Community Advocate activities include activities of Middle Community Advocate in addition to
* 🗣️ Spread awareness about Eonian, its products, and events on different platforms.
* 🤝 Build and maintain relationships with influencers and partners.
* 🌐 Attract new community members to our social networks.
* 📣 Search groups, channels and communities and share and educate about how Eonian can solve their problems
* 📺 Amplify Eonian announcements, blog posts, and websites to create new traffic sources.
### **Lead Crypto Evangelist**
Senior Community Advocate activities include activities of Middle Community Advocate in addition to
* 📈 Propose and implement advanced growth strategies and initiatives. For example, trigger word-of-mouth processes to reach a broader audience.
* 🔍 Actively scout and onboard new regional ambassadors
* 📣 Evangelize Eonian within different communities via your established social media presence.
* 🤝 Lead and educate other Crypto Evangelists
To grow to this level important to show such qualities
* 🌱 Build a network between ambassadors
* 📣 Consistent, accurate communication of project values, messages, and initiatives
# The Creator
As The Creator for Eonian, you are at the forefront of our storytelling and brand representation. Your role is pivotal in crafting engaging, informative, high-quality content that resonates with our audience and reflects the essence of Eonian and its products.
## **Three Levels of Creative Influence**
Embark on a creative journey through three levels of The Creator, each unlocking new avenues of expression and reward.
1. **Middle Creator -** Start by producing captivating content and sharing it across platforms.
2. **Senior Creator -** Build on your influence with strategic content creation and collaborations.
3. **Lead Creator -** Lead the creative direction, mentor upcoming creators, and have a significant say in our content strategy.
## **Prestige and Rewards at Every Level**
Embrace the journey through three prestigious levels of the Creator role, each offering escalating rewards and recognition
| Rewards | Middle Creator | Senior Creator | Lead Creator |
| ------------------------------------------------------------ | -------------- | -------------- | -------------- |
| 💎 Prestige Role | ✅ | ✅ | ✅ |
| 🗝️ Entry Ambassadors' Channel Access | ✅ | ✅ | ✅ |
| 🚀 Eligible for Retrodrop | ✅ | ✅ | ✅ |
| 🔓 Exclusive early access to our products | ✅ | ✅ | ✅ |
| 📰 Early Insights and News | ✅ | ✅ | ✅ |
| 🏆 Zealy XP Reward | 5 000xp | 10 000xp/month | 15 000xp/month |
| 📢 Advocates' Channel Access | ✖️ | ✅ | ✅ |
| 🌐 Social Network Exposure | ✖️ | ✅ | ✅ |
| 🎁 Exclusive Contests & Airdrops | ✖️ | ✅ | ✅ |
| 🌐 Real-world experience and work with our professional team | ✖️ | ✅ | ✅ |
| 🤝 Build Professional Network | ✖️ | ✅ | ✅ |
| 🌍 Showcasing on Our Website | ✖️ | ✅ | ✅ |
| 💼 Full-Time Career Opportunities | ✖️ | ✖️ | ✅ |
| 🛠️ Get a leg up when applying to new opportunities | ✖️ | ✖️ | ✅ |
| ⚖️ Higher Suggestions Priority | ✖️ | ✖️ | ✅ |
### **Unique Badge**
You will get an exclusive Creator Badge in our Discord, which showcases your prestige level in our community.
## **Activities at Each Level**
### **Middle Creator**
Middle Crypto Evangelist includes activities of Entry Ambassador in addition to
* 🎨 Create and publish high-quality blog posts, videos, tweets, infographics, or anything else at what you are the best! We will provide a platform and guidance for you to maximize your creations’ exposure. And we will help you build your own follower base.
* 🗨️ Share your work on social media to amplify Eonian’s reach.
### **Senior Creator**
Senior Creator activities include activities of Middle Creator in addition to
* 🎨 Create content on different promising themes.
* 🌍 Translate existing content in the languages that you know. This is the best way to reach a new audience for the community and the best way for you to build a name as an expert in the local community!
* 🚀 Collaborate with Eonian's content team to create a content strategy.
* 🧠 Participate in content brainstorming sessions
* 📝 Provide constructive feedback to fellow creators.
### **Lead Creator**
Lead Creator activities include activities of Senior Creator in addition to
* 🎓 Mentor and train emerging content creators within Eonian.
* ✅ Oversee and approve content submissions from the team.
* 📈 Coordinate with Eonian’s content team to shape the overall content strategy.
To grow to this level important to show such qualities
* 🌱 Foster a network among content creators.
* 📣 Communicate effectively and maintain a consistent quality of content.
# Open Statistics
On this page, our team collects important but unpopular statistics about different issues in the crypto industry, including hacks, bankruptcies, and more.
### Lost digital assets because of CEXes bankruptcies
> **More than $30 Billion is lost.**
This number is hard to know for sure. Many CEXes don't disclose total assets they couldn't return after bankruptcies. For now, we know that at least $30 Billion was lost during 50 bankruptcies.
* [CNBC](https://www.cnbc.com/2023/10/02/ftx-customers-who-lost-fortune-are-doubling-down-on-crypto-.html)
* [Milkroad](https://milkroad.com/bankruptcies/)
* [Agio](https://www.agioratings.io/insights/default-setting-cex-failure-rates)
### CEXes exited US
> At least 5 known cases.
The Paxful closed in the US in April 2023, Nexo exited the US in December 2022, Crypto.com started shutdown in the US on June 2023, Bittrex shut down in the US on April 2023, and Binance suspended US deposits. There are many more cases under negotiations with US regulators.
**Sources**
* [Cnbctv18](https://www.cnbctv18.com/cryptocurrency/which-crypto-firms-are-planning-to-leave-the-us-amid-regulatory-tensions-16497451.htm)
* [CoinDesk](https://www.coindesk.com/policy/2023/03/31/crypto-exchange-bittrex-to-wind-down-us-operations-next-month/)
* [TheStreet](https://www.thestreet.com/crypto/investing/crypto-com-shuts-down-u-s-crypto-exchange-after-sec-lawsuits-target-industry#:~:text=U.S.%20regulators'%20recent%20assault%20on,U.S.%20services%20for%20institutional%20clients)
### Assets stolen from crypto wallets
> **More than $120 millions**
There are many known cases of hacking different wallets that don't involve any interaction with their owners. Most know cases involve $100 millions from Atomic Wallet, $10 millions from MetaMast and MyCrypto, $4 millions from TrsutWallet, $6 millions from Slope and Phantom Wallet.
[Source](https://leovs09.notion.site/Crypto-Wallet-Hacks-List-a9d7e06d75dc4b328f392bfed38ccb4a?pvs=74)
### Assets crypto wallets returned to their users
> $0.17 millions was returned
There are not many public claims that crypto wallets will return lost assets, but we were able to find only one confirmed case for TrustWallet. This means that, in total, only 0.14% of all stolen funds have been returned by all wallets.
[Source](https://cointelegraph.com/news/trust-wallet-to-reimburse-users-after-170-000-security-incident)
{% hint style="info" %}
If you will be able to find any new or missing cases that can correct this statics page, please let us know by sending it to .
{% endhint %}
# Marketing Collaboration Contacts
This page is designed for marketing agencies and influencer representatives.
Here, we provide guidelines and forms for submitting your offers.
### Contacts for Communication
**We kindly request that you refrain from directly contacting our team or admins with your offers**. Unfortunately, they won't be able to respond due to their workload. We currently don't have the capacity to discuss each offer directly with every representative.
However, we still want to hear your proposal! Please complete one or more of the forms below if you wish to extend your services to us.
### Service Offer Forms
* [Promotion services](https://airtable.com/appSiFaNKP91Vc63y/shroxPgv6dXxhsUV8)
* [Paid AMA sessions](https://airtable.com/appSiFaNKP91Vc63y/shrXHsNyHinzou1sj)
* [Shilling services](https://airtable.com/appSiFaNKP91Vc63y/shrJFBi8lOyhL5kbR)
### Other
If your proposal doesn't fit the categories covered by the previous forms, please feel free to send it to the following email address:
****
# Job Opportunities
At Eonian, we truly believe that our team is our most valuable asset. We're a family of innovators, thinkers, and creators working together towards transforming the DeFi landscape. Our mission to build a safer and more secure environment for investments in the decentralized finance space is what drives us every day.
We are always open to individuals who resonate with our mission and share our passion for developing cutting-edge DeFi solutions. Even though we might not be actively recruiting at all times, we're always keen to hear from potential candidates who can bring fresh perspectives and skills to our team.
If you're driven, innovative, and have a knack for decentralized finance, you can start your work as Eonina Ambassador. Take a look on our ambassador program to understand how you can contribute and what rewards are waiting for.
{% content-ref url="/pages/JssFsZIchttHldQhh8LX" %}
[Ambassador Program](/ambassador-program/ambassador-program-overview)
{% endcontent-ref %}
. Whether you're a seasoned professional or just starting out in the field, we'd love to hear how you believe you can contribute to our mission at Eonian.
To express your interest, please send your resume and a cover letter explaining your interest in Eonian and how you believe you can contribute to our mission. You can reach out to us at [**opportunities@eonian.finance**](mailto:opportunities@eonian.finance).
We appreciate your interest in Eonian and look forward to hearing from potential contributors to our mission!
Join us in our journey of making DeFi a safer space for everyone. Who knows? You might be the next Eonian!
# Brand Guide / Media Press Kit
Brand Guide for ambassadors and partners
Ensure consistent branding, accurate information, engaging content, and compliance with guidelines when promoting Eonian in marketing, including ads, articles, websites, and printed materials.
### Naming
Important to refer to the project as Eonian or Eonian DAO.
We are Eonian as a brand, and Eonian DAO is the full name of the company. For example, Google is a brand, and Google Inc is the name of the company. Please use Eonian when it is clear from context that we are talking about our brand. You can use Eonian DAO when it can not clear without additional context.
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Please do not use Eonian Finance name. We used eonian.finance only in our website domain and Twitter handle due to registration limitations.
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### **Messaging**
* **In a sentence -** Innovative and easy solution to fight crypto hacks and earn passive income.
* **Proposition -** Passive, safe, profitable
### Logo and Colors
You can find our project colors and logo in different formats on our [Brandfetch](https://brandfetch.com/share/je60py9pr5x2g9rs3ox2zm0s4xt64n9y).
### Fonts
* Headline - The [Inter ](https://fonts.google.com/specimen/Inter)font family used for larger, high-impact text such as headlines or titles.
* Body - The [Roboto ](https://fonts.google.com/specimen/Roboto?query=Roboto)font family used for longer text, like paragraphs or secondary text.