Guys they aren't going to come up with anything. They Do not want you to spend your points, they can't afford you to spend them.
They are going out of business, that's why the majority of the staff were let go in May, it is also why this points thing has happened. If your company is loosing money and you can barely keep it running why would they keep giving away free stuff. They somehow had to try to plug the many holes in their dyke
The points system has basically been cancelled.
If you can use points to pay for 15% of your order is that not the same as getting a 15% discount by simply using your contributor code to make the purchase?
A lot of people had read the writing on the wall between May and now (and in all fairness not everyone knew where said wall was) and made the smart move of cashing out any remaining points and gift cards. I'm sure that they saw a pattern emerging - people who hadn't been on Eden for a while suddenly logging in and cashing out, which I'm sure is why they had to spring this on you out of the blue. So that you couldn't cash your points in.
Whatever products they have left in stock they need to sell, they cannot afford to give them away.
It's total bs and unfair to those they tricked into 'working for them' in one way or another in return for payment of points, but the sad fact is no matter what anyone says or does they aren't going to do anything more than let you use them like a 15% discount