# Don’t focus only on points: what’s really worth watching in these 3 early-stage projects today

Today, we’re looking at TxFlow, Axis Robotics, and ELYSIA: one just changed its points rules, one has provided a clear community allocation for the first time, and one will announce its new-season policy in two days.

They’re worth watching now because all three have verifiable milestones—not just vague rumors that there “might be an airdrop.”

The biggest risks are also clear: fees and liquidation tied to trading points, anti-Sybil filtering on the contribution leaderboard, and jumping the gun before the new rules are announced.

## TxFlow: The rules just changed—first, verify how “real trading” is actually scored

**In a nutshell**: The October 12 revision puts even more emphasis on genuine traders and clarifies that the Season 0 allocation plan will be processed by October 27. Strategies that rely solely on manufacturing trading volume are becoming less reliable.

**Why now**: After publishing the Season 1 rules, the team quickly responded to community feedback, adjusted the pool allocation, and clarified that weekly points are calculated based on each participant’s relative performance that week. The current period is the first observation cycle under the revised rules, so first-week dashboard data will be more useful than any guide.

**Metrics to watch**:

- The ratio of fees, funding rates, and actual points at the same trading volume;

- Whether time in position and genuine open interest matter more than trading volume alone;

- Whether Season 0 records are fully reflected on the dashboard before October 27.

**Pitfalls I’d avoid**: Don’t engage in wash trading, circular trading, or high-leverage volume farming. The team has emphasized that it will continue checking for farming. Even if your points increase, fees, funding rates, or a single liquidation could make the entire strategy pointless. This is better suited to people who already trade, not to those trying perpetual contracts for the first time just to earn points.

## Axis Robotics: The Allocation Has a Firm Figure; The Key Question Is Whether Contributions Are Accepted

**In a nutshell**: The team has announced a fixed supply of 1 billion tokens, with 10% allocated to the Community Contributor Airdrop. Season 1 and Season 2 account for 4% and 6% of the total supply, respectively—stronger public evidence than a mere “hint” from points.

**Why now**: Tokenomics were published on October 10. The team also acknowledged that the Season 1 leaderboard includes bot accounts, is not yet final, and is now being cleaned up. Axis Points are just one input for eligibility and allocation; only contributions that pass verification and are accepted qualify. At this stage, it’s better to check the acceptance status of existing tasks than to keep accumulating more.

**Metrics to watch**:

- The share of accepted/verified contributions in your Portfolio, rather than the total number submitted;

- Whether the Challenger Badge and access to advanced tasks are implemented;

- When the final leaderboard, separate Program Terms, snapshot, and TGE date will be announced.

**Pitfalls I’d avoid**: Templated content, ranking manipulation, and repeated low-quality data may all be disqualified during the cleanup. I also wouldn’t convert points into tokens on a one-to-one basis. Season 1 has a phased unlock schedule, so seeing the total allocation percentage doesn’t mean you’ll immediately receive an equivalent amount of liquid assets. For now, it’s better to make a small number of high-quality contributions and keep records of their acceptance.

## ELYSIA: The Real Milestone Is the October 15 Rules, Not Opening Positions Early

**In a nutshell**: Elysia Perps Season 3 starts on October 15, when the new policies and points details will also be announced. Season 2 rewards are scheduled to be distributed on October 26 in proportion to points earned.

**Why now**: With just two days until the rules are published, the most valuable move is to prepare a checklist for reviewing them—not to rush in based on experience from previous seasons. ELUSD Season 4 has also announced its policies and runs through December 15, but it is a separate program from Perps, so the rules shouldn’t be mixed up.

**Metrics to watch**:

- Eligible markets, when scoring begins, and any minimum thresholds for the new season;

- The respective weights for trading volume, positions, fees, and referrals;

- Anti-volume-farming terms, regional restrictions, and whether historical Season 2 points can be reconciled smoothly.

**Pitfalls I’d avoid**: Don’t open high-leverage positions to “get in early” before the formula is announced, and don’t confuse ELUSD’s season numbering with Perps points. The former carries depeg, contract, and liquidity risks; the latter carries funding rate, oracle, and liquidation risks. Sharing a project name doesn’t mean sharing the same cost structure.

## A Decision Framework Worth Saving

When you see a new points program or airdrop milestone, ask four questions first: **Is the evidence from an official source? What concrete milestone was added today? What is the real cost of completing one full participation cycle? Which actions could be filtered out as Sybil activity?** If the allocation is clear but eligibility is not, prioritize saving evidence of your contributions. If the rules have just changed, observe one settlement cycle first. If leverage or lockups are involved, calculate the worst-case cost before proceeding. Only when you can answer all four questions are the points worth moving from your “watch list” to your “action list.”