myCRED awards users points for actions performed on your website. With the integration plugin users can earn creds for actions within the community as well.
First of all, after installing the add-on (and of course the myCRED plugin itself) go to your WP Admin -> PeepSo -> Configuration -> MyCRED and activate the setting
After that go to WP Admin -> Points -> Hooks
There you can add the PeepSo hook.
Once the PeepSo hook is added you can set the option just as you like it.
The following hooks are available in the settings itself: