Many users have some bias about @ferra_protocol's recent points adjustment. I think this is not a weakening, but removing the water content and truly redirecting weight to on-chain real behavior as the focus.

Although the Lucky Wheel event has ended, points efficiency has clearly changed, with Swap and LP weight now weighted much higher. For example, a $100 Swap can earn quite a few points, and trading volume, LP positions, and Premium benefits are stacking together for additional multipliers.
This is actually a typical move of the project transitioning from phase one (user acquisition + activity engagement) to phase two (filtering + retention). Ferra's positioning is not just a DEX, but rather a Liquidity Layer + Social DEX on Sui. It now wants users who can provide deep liquidity, contribute real trading volume, and stay for the long term.
Once these get up and running, protocol revenue and valuation support at TGE will be much more solid.
So this adjustment is essentially reshaping points weight for TGE. Points are transitioning from "game score farming" to "asset credentials."
Further down the road, we'll likely see:
Points deeply tied to LP/trading behavior
Differentiated multipliers for different pools
Liquidity guidance towards specific directions
Clear gap-widening in returns for large and long-term high-quality users
The current strategy is to focus effort on stabilizing Swap frequency and optimizing LP positions.
If you plan to play long-term, the Premium boost is key to widening the gap.
From this angle, rather than chasing short-term mechanics everywhere, what really matters is stabilizing your trading frequency and positioning your LP correctly. Users who understand this logic early will find it much easier to pull ahead later.