# Open Loot Reward Points (OLRP)

Open Loot Reward Points are a premium currency on Open Loot designed to facilitate the distribution of $OL tokens to our most engaged users.

#### What can I do with Open Loot Reward Points?

The primary purpose of Open Loot Reward Points is to convert them into $OL tokens.

* Open Loot Reward Points convert to $OL tokens at a rate of 100:1.
* Your VIP tier calculation will take into account both your balance of $OL tokens and Open Loot Reward Points.

#### What are the Restrictions?

* Open Loot Reward Points expire after two years. Be sure to convert them before then.
* Open Loot Reward Points can only be converted after being held for 10 days.
* Open Loot Reward Points can be converted to $OL at a maximum of 100,000 OLRP per day (1,000 $OL). This cap will be subject to change after the release of the $OL token.
* You cannot directly purchase Open Loot Rewards Points.