Nested
  • Overview
  • General information
    • Fees distribution
    • Airdrop
      • Genesis Epoch
      • Other epochs
  • Instructions for use
    • āœ…Wallet and fiat on-ramp
      • Wallets management
        • Magic Link - recommended for newbies
        • How to extract your private key from a Magic Link wallet?
        • MetaMask
      • Purchase your first crypto
    • šŸŽ­Manage Profile
      • Profile overview
      • Edit a profile
      • Share a profile
    • šŸ“ˆManage Portfolios
      • Original Portfolios
        • Create a portfolio
        • Edit Portfolio
          • Simple Deposit
          • Proportional Deposit
          • Buy
          • Edit allocations
          • Simple withdrawal
          • Proportional withdrawal
          • Buy/Sell/Convert
          • Deposit / Buy crypto / Convert
      • Copied Portfolios
        • Copy a portfolio
        • Deposit/Withdraw on a portfolio
        • Update a portfolio
      • Send a portfolio
      • Share a portfolio
      • Portfolio Overview
    • šŸ’°Manage Royalties
      • Royalties Overview
      • Claim
    • āš ļøRisks & Security
      • Using Nested safely
      • Disclaimer
      • Smart Contracts
        • Ethereum
        • Avalanche
        • Polygon
        • BNB Chain
        • Optimism
        • Arbitrum
    • šŸŽÆTrouble Shooting
    • ā˜ŽļøAdditional support & content
      • More Support
      • More Content
  • Common questions
    • Why do we use NFTs?
    • How are assets stored and secured?
    • Are Nested portfolio assets rebalanced?
    • What happens when a user updates a Nested portfolio?
    • How illiquid assets are managed during the liquidation process?
  • Other
    • Terms & Conditions
    • Trading competitions - Terms & Conditions
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  1. General information
  2. Airdrop

Genesis Epoch

This page describes how the airdrop works during the genesis epoch.

For our first users who used Nested before the official announcement of the airdrop, we have something for you!

We dubbed it Genesis: share a prize of 50,000 NST with your fellow Nesters!

The Genesis epoch runs from the 1st day of launch (February 23rd,2022) to the beginning of the first epoch.

sjk=vj0.4āˆ—Max(1;(cjkāˆ—Ljk)0.1)āˆ—Max(1;djk)0.5 s_{jk} = v_j^{0.4} * Max(1;(c_{jk}*L_{jk})^{0.1}) *Max(1;d_{jk})^{0.5}sjk​=vj0.4ā€‹āˆ—Max(1;(cjkā€‹āˆ—Ljk​)0.1)āˆ—Max(1;djk​)0.5

Genesis' rewards are then computed according to the formula below:

rjk=Rkāˆ—sjkāˆ‘i=1nksik{r_{jk}=R_k*\frac{s_{jk}}{\displaystyle\sum_{i=1}^{n_k}s_{ik}}} rjk​=Rkā€‹āˆ—i=1āˆ‘nk​​sik​sjk​​

Rewards for the user j at the epoch k

Total reward to be split between all users for at the epoch k.

Number of users at the epoch k.

Sum of all user scores at the epoch k.

Score of the user j at epoch k.

Total value locked (TVL) into Nested dApp by the user j.

Number of copies issued from the portfolios of a user j at epoch k.

Cumulative value of the portfolios issued from the replication of user j's portfolios at the epoch k.

The number of protocols the user j created, managed, or copied a portfolio on (Ethereum, BNB Chain, Avalanche, etc.)

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Last updated 2 years ago

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